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Non-renewable Energy

Bahri Purchases 9 VLCCs

الثلاثاء ٢٠ أغسطس ٢٠٢٤

The Saudi National Shipping Company "Bahri" signed a purchase agreement on Tuesday with Capital Maritime & Trading Corporation to acquire

Renewable Energy

Egypt Launches the First Carbon Credit Market

الأحد ١١ أغسطس ٢٠٢٤

Egypt’s Financial Regulatory Authority (FRA), the regulator of the non-banking financial sector, including the capital market, insurance activities, and non-banking financing activities, announced the launch of the first regulated and supervised carbon credit market in Egypt and Africa.

Institutions

OpenAI Revenue Jumps to $3.4 Billion

الخميس ١٣ يونيو ٢٠٢٤

OpenAI, a company specializing in artificial intelligence, has achieved a tremendous achievement by registering tremendous growth in its annual revenues.

Institutions

Polestar Launches a New Luxury Electric Car

الخميس ١٣ يونيو ٢٠٢٤

Polestar, the Swedish company specializing in manufacturing electric cars, has unveiled its new car, the Polestar 3, which is a luxury electric SUV with a driving range of more than 600 kilometers.

Institutions

A delegation from the Saif Bin Hilal Center for Energy Sciences Studies and Research discussed ways to enhance cooperation with the League of Arab States in the field of energy.

الأحد ٠٢ يونيو ٢٠٢٤

Within the framework of its keenness to build bridges of communication and cooperation with regional and international organizations, a delegation from the Saif Bin Hilal Center for Studies and Research in Energy Sciences visited the headquarters of the General Secretariat of the League of Arab States.

Renewable Energy

Chinese electric cars are sweeping the Middle East markets

الخميس ٣٠ مايو ٢٠٢٤

New energy vehicles, especially Chinese ones, are dominating the region's markets at an accelerating pace, and this transformation is due to noticeable changes in the culture of car consumption, increasing environmental awareness, and aggressive government support for clean energy.

Hydrogen

Toyota launches new engines powered by hydrogen

الأربعاء ٢٩ مايو ٢٠٢٤

Toyota Motor Company unveiled prototypes of new internal combustion engines powered by hydrogen, as part of its efforts to develop alternative technologies aimed at reducing carbon emissions.

Institutions

Petrobras president fired over profits

الأربعاء ١٥ مايو ٢٠٢٤

The CEO of Brazilian state oil company Petrobras, Jean-Paul Prats, has been sacked over heated disagreements over dividends and growing concerns about government interference in the decisions of the IPO-listed company.

Non-renewable Energy

Oil prices rise amid fears of declining supplies

الثلاثاء ١٤ مايو ٢٠٢٤

Oil prices continued to rise today, Tuesday, amid expectations of shrinking supplies in light of a possible disruption to production in Canada. As a result of forest fires, in addition to strong demand and voluntary reductions in production.

Non-renewable Energy

“Nigeria” grants investors in oil fields 17 licenses

الثلاثاء ٠٧ مايو ٢٠٢٤

The oil sector in Nigeria granted investors 12 licenses within the framework of the exploration and development plan during the year 2024, and it also re-offered the remaining 5 licenses from 2023, bringing the total to 17 licenses distributed among several offshore fields.

Institutions

“Brissite” acquires 51% of “AIQ”

الخميس ٠٢ مايو ٢٠٢٤

Abu Dhabi National Oil Company (ADNOC), G42 Company and PreSight Holding Company, listed on the Abu Dhabi Stock Exchange, announced a new ownership structure for AIQ shares.

Institutions

Shell withdraws from China's electricity markets

الخميس ٠٢ مايو ٢٠٢٤

British energy company Shell has withdrawn from China's electricity markets, as part of a new strategy aimed at focusing on more profitable areas, with a focus on its natural gas and oil business units.

Non-renewable Energy

“Brazil” is on its way to join “OPEC+”

الثلاثاء ٣٠ أبريل ٢٠٢٤

Brazilian Minister of Oil, Natural Gas and Biofuels, Pietro Mendes, said that his country - which ranks ninth in the world in oil production with 3.25 million barrels per day - is on its way to joining the OPEC+ alliance.

Non-renewable Energy

Oil futures prices rise

الأربعاء ٢٤ أبريل ٢٠٢٤

Futures prices for both Brent and West Texas Intermediate crude rose 0.9%, and data showed that overall trade activity in the euro zone grew significantly in nearly a year this month.

Non-renewable Energy

Oil rises due to Middle East risks

الثلاثاء ٢٣ أبريل ٢٠٢٤

Oil prices rose in Asia this morning; Where it witnessed compensation for the losses it suffered in the previous session; This is a result of investors continuing to evaluate the growing geopolitical risks in the Middle East region

Hydrogen

Bosch dominates the hydrogen vehicle market

الإثنين ٢٢ أبريل ٢٠٢٤

The president of the German company Bosch revealed his optimistic expectations for the global hydrogen vehicle market during the company's annual press conference, after its sales improved in 2023.

Hydrogen

A German company relies on 200 hydrogen-powered trucks

الأربعاء ١٧ أبريل ٢٠٢٤

MAN, the leading German truck and bus manufacturer, announced a new step towards the future of emissions-free transportation, by unveiling a limited production of 200 trucks powered by a hydrogen combustion engine.

Non-renewable Energy

Decrease in gas imports in Spain

الثلاثاء ١٦ أبريل ٢٠٢٤

Spain's imports of natural and liquefied gas decreased during March 2024, by 7.7% on a monthly basis, and this decline comes after a rise at the beginning of the year.

Reports

America's gas exports

الأحد ١٨ فبراير ٢٠٢٤

Over the past eight years, the United States has witnessed remarkable transformations that have brought profits to oil and gas companies and strengthened American influence abroad

Reports

Green hydrogen in Iraq and steps forward

الأحد ١٨ فبراير ٢٠٢٤

Iraq is one of the Arab countries that has an advanced plan to produce green hydrogen. Iraq is keen to catch up with the world in reducing carbon emissions and producing electricity from clean energy sources