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Climate Change

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Aramco signs $11bn deal

The deal involves its Jafurah gas facilities.

TAQA H1 net income $1bn

The group's revenue reached $7.73 billion.

ADNOC L&S H1 net profit $420m

The company’s revenue reached $2.43bn

SEC H1 net profit $1.67bn

Revenue grew by 24% to $7.38 billion.

  • Global energy demand to rise 25% by 2045: OPEC chief

    Abu Dhabi, UAE - Global demand for all forms of energy is forecast to rise by 25% through 2045, according to Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC).“By 2045, the world's energy demand is expected to increase by 25% from current levels, as the...

  • All voices must be heard in transition, sustainability debates: OPEC

    Secretary-General of OPEC Haitham Al Ghais, speaking at the 8th OPEC International Seminar in Vienna, reiterated the organization's keenness to stabilize the market, reduce the environmental footprint and move towards a "sustainable and comprehensive energy transition".

  • Several Western states seeking division between OPEC members: Raisi

    Tehran, Iran-- Urging OPEC member countries to preserve cohesion and unity among them, Iran's President Ebrahim Raisi said that several Western countries were seeking to divide OPEC member states.The Iranian president made the remark in a meeting with the Secretary-General of OPEC Haitham al-Ghais in Tehran on Saturday.Considering the constructive interaction...

  • Global oil industry needs $12trn investments by 2045

    Oil alone will make up almost 29 percent of the world’s energy needs by 2045, requiring an investment of over $500 billion each year to maintain a steady supply, Al Ghais said.