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Energy

WTI crude oil suffers a sharp drop due to OPEC+ decisions

WTI crude oil suffers a sharp drop due to OPEC+ decisions Written by Antonio Di Giacomo, Senior Market Analyst at XS.com The price of West Texas Intermediate (WTI) started the session on February 3, 2025, with a bullish momentum, opening with a gap above $74.70 per barrel. However, the session was marked by high volatility, leading to a drop of more than 4%, bringing the price down...

25 Countries Unite in the Fight Against Plastic Pollution

25 Countries Unite in the Fight Against Plastic Pollution The World Economic Forum’s Global Plastic Action Partnership (GPAP) has recently welcomed seven new members - Angola, Bangladesh, Gabon, Guatemala, Kenya, Senegal, and Tanzania - bringing its impact-focused global network to 25 countries with a combined population of over 1.5 billion people. This marks a pivotal milestone in the fight against plastic pollution and solidifies GPAP as the...
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Oil and gas critical to Aberdeen’s ambitious plans to become a clean energy hub

As a gateway to the North Sea, Aberdeen has been pivotal to the success of the oil and gas industry, but much is now...

How much electricity subsidies have cost GCC over the past 20 years?

How much electricity subsidies have cost GCC over the past 20 years?t he current electricity pricing policy in the Gulf Cooperation Council (GCC) countries is...

What is the cost of the Airline Strikes of 2019

What is the cost of the Airline Strikes of 2019 Passing year has been another year fraught with strikes, costing the aviation industry billions. With...

How much electricity subsidies have cost GCC over the past 20 years?

How much electricity subsidies have cost GCC over the past 20 years?   The current electricity pricing policy in the Gulf Cooperation Council (GCC) countries is...

Mastering Energy Storage & Charging Electric Vehicles (EVs) workshop is back for 2020

Mastering Energy Storage & Charging Electric Vehicles (EVs) workshop is back for 2020 This 2020, Infocus International Group is bringing back the Mastering Energy Storage...

US assassination of Qassem Soleimani adds considerable uncertainty to an already unstable region

US assassination of Qassem Soleimani adds considerable uncertainty to an already unstable region, says GlobalData Following the news (3 January 2020) that a US drone...

Which Airline are not flying anymore? Airline bankruptcies in 2019

Which Airline are not flying anymore? Airline bankruptcies in 2019 Thomas Cook’s bankruptcy had the greatest impact on passengers. In addition to the thousands of...

Big Data Analytics Transform Energy Efficiency

Big Data Analytics Transform Energy Efficiency The digital transformation of the Middle East’s energy and facilities management across industry verticals will continue driving the market...

Portuguese Secretary of State FOR Energy Visits Noor Abu Dhabi SOLAR PlanT

Portuguese Secretary of State FOR Energy Visits Noor Abu Dhabi SOLAR PlanT His Excellency Joao Galamba, Portugal’s Secretary of State for Energy, visited Noor Abu...

11 Million People Employed in Renewable Energy Worldwide

11 Million People Employed in Renewable Energy Worldwide in 2018 Eleven million people were employed in renewable energy worldwide in 2018 according to the latest...

Equatorial Guinea’s Year of Energy becomes Call to Action for Africa’s Oil Industry

Equatorial Guinea’s Year of Energy becomes Call to Action for Africa’s Oil Industry The Ministry of Mines and Hydrocarbons continues rolling out the Year of...

Is there low-cost solution to boost global climate action?

Is there low-cost solution to boost global climate action? Renewable power is the cheapest source of electricity in many parts of the world already today,...