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Category :Energy

Construction Of Egypt’s El Dabaa Nuclear Plant To Begin In July 2022

Global Business Magazine March 10, 2022

The construction of the first unit of El Dabaa nuclear power plant (NPP) in Egypt is expected to begin in July 2022, according Read More

Energy News Oil & Gas World

Analysis: An oil shock is coming, but the U.S. may have already paid for it

Global Business Magazine March 10, 2022

The gusher of money the U.S. government poured into family bank accounts during the coronavirus pandemic, credited with speeding the rebound Read More

Energy News Regional

UAE sows confusion in oil market as it faces lower Russian supply

Global Business Magazine March 10, 2022

Confusing messages from No. 3 OPEC producer the United Arab Emirates about whether it supported higher output or not stoked volatility in the Read More

Energy News Oil & Gas World

Oil bounces as tight supply gives high floor to prices

Global Business Magazine March 10, 2022

Oil prices bounced on Thursday from a sharp drop in the previous session after the United Arab Emirates backtracked on statements saying Read More

Energy News Oil & Gas World

Oil falls to $125 on speculation U.S. Russia oil ban won’t worsen supply shock

Global Business Magazine March 9, 2022

Oil fell to around $125 a barrel on Wednesday as some investors took the view that the U.S. ban on Russian oil Read More

Energy News Oil & Gas World

Aramco CEO says Ukraine invasion has accelerated global energy crisis

Global Business Magazine March 9, 2022

Saudi Aramco CEO Amin Nasser said the "tragic situation unfolding in Ukraine" is making the global energy crisis worse, according to prepared Read More