Energy - Global Business Magazine

The CEO of Enec is ranked 11th on the ranking of the “100 Most Powerful Arabs 2022”

Global Business Magazine April 15, 2022

Managing Director and Chief Executive Officer of Emirates Nuclear Energy Corporation (Enec), Mohamed Ibrahim Al Hammadi has been included in the Gulf Read More

Energy Featured News World

Global energy epending to reach $2.1 trillion in 2022

Global Business Magazine April 12, 2022

Global energy spending is set to reach a record $2.1 trillion in 2022, led by oil and gas as well as rising power prices Read More

Energy Featured News World

South Korea releases 7.23 million barrels of SPRs to control oil prices

Global Business Magazine April 12, 2022

South Korea has decided to release record 7.23 million barrels of Strategic Petroleum Reserves (SPRs) in addition to its recent commitment of 4.42 million Read More

Business Featured News Regional

Abu Dhabi’s non-oil real GDP expands by 4.1% in 2021

Global Business Magazine April 8, 2022

Abu Dhabi's non-oil real GDP registered a growth of 4.1% in 2021, according to the Statistics Centre of Abu Dhabi (SCAD) data.Read More

Energy News World

Investors urge governments not to ditch climate for energy security

Global Business Magazine April 8, 2022

Asset owners managing more than $10.4 trillion have urged governments not to let worries about security of fossil fuel supplies impede the transition Read More

Energy News World

IEA details plan to release 120 mln barrels of oil over 6 months to cool prices

Global Business Magazine April 8, 2022

The International Energy Agency (IEA) has listed members' contributions to a 120-million-barrel release of crude and oil products from emergency stockpiles aimed Read More

Finance Featured News Regional

Market value of Saudi Arabia’s Tadawul reached $3.19 trillion by end of Q1 of 2022

Global Business Magazine April 5, 2022

The market capitalization of Saudi Arabia’s Tadawul All Share Index (TASI) at the end of Q1 of 2022 has reached $3.19 trillion, increasing Read More

Energy News World

Saudi Arabia raises May crude prices globally, Asia at record levels

Global Business Magazine April 5, 2022

Saudi Arabia, the world's top oil exporter, raised crude prices for all regions, with those to Asia hitting all-time highs as disruption Read More

Energy News World

Expansion of UAE non-oil private sector holds steady in March

Global Business Magazine April 5, 2022

The United Arab Emirates' non-oil private sector expanded at the same solid rate in March as it did the previous month, though Read More

Energy Featured News Regional

FEED study snderway for Hail & Ghasha sour gas field development project

Global Business Magazine April 1, 2022

Abu Dhabi National Oil Company (ADNOC) said that the revised Front-End Engineering and Design (FEED) study is currently underway for the Hail & Read More

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