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Category :Energy

Second natural gas discovery in Abu Dhabi offshore block 2 exploration announced

Global Business Magazine July 30, 2022

Abu Dhabi National Oil Company (ADNOC) on Friday announced a second discovery of natural gas resources in the first exploration well in Read More

Energy Featured News Regional

Qatar exported over 70% of LNG globally in 2021

Global Business Magazine July 22, 2022

The International Gas Union (IGU) has said that Qatar accounted for a lion's share of 28.2 million tonnes out of 37.1 million tonnes of Read More

Energy Featured News Regional

Dubai’s energy demand increase by 6.3% in H1 of 2022

Global Business Magazine July 20, 2022

The energy demand in Dubai in H1 of 2022 hs increased by 6.3% compared with the corresponding period in 2021, Saeed Mohammed Al Tayer, MD&Read More

Energy Featured News Regional

Mubadala Petroleum-backed exploration finds huge gas reserves in Indonesia

Global Business Magazine July 20, 2022

A 390-foot gas column find has been confirmed at the Timpan-1 exploration well 150 kilometers offshore North Sumatra in Indonesia. These findings are ‘Read More

Energy Featured News Regional

DEWA adds 700 MW to Dubai’s electricity grid

Global Business Magazine July 8, 2022

Dubai Electricity and Water Authority (DEWA) has announced that the total production capacity of energy has reached 14,117 megawatts (MW) after adding 700MW.Read More

Energy Featured News Regional

Global LNG demand set for slow growth in coming years

Global Business Magazine July 6, 2022

High prices and supply disruptions following Russia’s invasion of Ukraine lead to downward revision and cast doubt on natural gas’ prospects Read More