Energy
OPEC to cut output by 2.2 mbpd while US production to increase to 13.3 mbpd
Investing in renewable energy projects worth $188 billion
Saudi’s ACWA Power signs $800 mn power purchase agreement for South African hybrid renewable project
Operation to commence by Q2 2026
Russia to tighten oil restrictions in early December
Putin plans to visit Saudi Arabia, UAE this week, aide says
Saudi extends voluntary 1 mn bpd production cut through March
Policy-setting gathering moved from November 26 to November 30
Reversing Monday’s increase and outweighing potential additional supply cuts
OPEC+ has been reducing oil production by 5.16 million barrels per day
Al-Hiran gas field confirmed with 30 million cubic feet daily flow
Agreement’s financial rewards expected to materialize after the first half of 2027
The report comes ahead of the scheduled meeting of OPEC+ on Nov. 26
Prices of Brent and WTI crude futures both saw declines
New engineering products and manufacturing services introduced at ADIPEC
Including renewable energy, desalination and green hydrogen
Massive investment of $14 trn needed to meet demand surge
Project aims to enhance DEWA's water desalination capacity to 730 MIGD by 2030
Al Mazrouei's speech at ADIPEC 2023 highlighted need for oil and gas investment
Analysts project oil to break the $100 barrier
Putting the spotlight on ‘Decarbonizing. Faster. Together
Emphasis on energy security and affordability
V2X tech will help raise road safety awareness, provide guidance data
