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          Energy

          All the latest energy news

          A park in Shanghai. Crude consumption in China, the main engine of oil growth for nearly two decades, has shown signs of slowing this year. EPA

          Oil prices end 2024 lower on expectations of market glut

          EnergyDecember 31, 2024
          An Enoc petrol station in Dubai. Fuel prices in the UAE will remain unchanged in January, reflecting global oil market trends. Pawan Singh / The National

          Fuel prices to remain unchanged in UAE in January

          EnergyDecember 31, 2024
          According to Volocopter, it plans to develop and enact a 'restructuring concept' by the end of February. Photo: Neom

          Air taxi maker Volocopter files for bankruptcy

          TechnologyDecember 30, 2024
          Electricity will be the bright spark next year. Not just AI, but heat pumps, air-conditioning, electric transport and electrified industry will push its use. Reuters

          Energy trends that will shape the industry in 2025

          EnergyDecember 30, 2024
          A worker performs a routine check on the valves at a natural gas appraisal well of Sinopec in Langzhong county, Sichuan province. China's economy is hoped to recover further in 2025. Reuters

          Oil prices record weekly gain on China's stronger economic growth forecast

          EnergyDecember 27, 2024
          According to Constellation Energy, the plant's Three Mile Island's Unit 1 reactor will be brought back online in 2028 to supply power to data centres owned by Microsoft. EPA

          AI energy demand creates nuclear renaissance, but it's not without critics

          TechnologyDecember 26, 2024
          The US emerged as the EU’s largest source of LNG following Russia’s invasion of Ukraine in 2022. Reuters

          EU's green ambitions threaten its energy security as Qatar warns of LNG halt

          EnergyDecember 26, 2024
          Traffic flows on a main road past electricity transmission towers in Tehran. Iran has been struggling to cope with increased energy demand during the winter months. AFP

          Lights off in Iran: What caused the power crisis and what comes next?

          EconomyDecember 25, 2024
          To preserve energy resources in parts of the country, Russia has announced that some locations will ban the process of crypto mining. Photo: Bloomberg

          Crypto mining will soon be banned in parts of Russia

          TechnologyDecember 24, 2024
          A workman cleans panels at a solar farm near Abingdon, Oxfordshire. The 46 megawatt capacity installation was the largest in the UK when it was completed in 2014. Getty Images

          Sunshine squabbles: Why solar farms are raising the temperature in rural Britain

          Road to Net ZeroDecember 24, 2024
          The emirate’s mountains offer a key geographic advantage for its energy ambitions. Khushnum Bhandari / The National

          Ras Al Khaimah is blazing its own energy path

          BusinessDecember 23, 2024
          A Qatari LNG carrier passes through the Suez Canal. The EU’s new corporate sustainability directive calls for non-compliance fines of at least 5 per cent of a company’s annual global revenue. AFP

          Qatar’s threat to stop EU gas sales may set a precedent for other energy-exporting nations

          EnergyDecember 22, 2024
          US president-elect Donald Trump delivers remarks at Mar-a-Lago in Palm Beach, Florida. Reuters

          Trump tells EU to buy US oil and gas or risk tariffs

          EconomyDecember 20, 2024
          A cargo ship on the Huangpu River in Shanghai. China, the world's second-largest economy, has driven oil demand growth for the past two decades. EPA

          Oil prices post weekly loss on concerns over crude demand growth

          EnergyDecember 20, 2024
          Adnoc headquarters in Abu Dhabi. In October, XRG, then known as Adnoc International, agreed to buy Covestro for an enterprise value of €14.7 billion ($15.3 billion). Khushnum Bhandari / The National

          Covestro shareholders approve XRG takeover deal

          EnergyDecember 19, 2024
          Adnoc headquarters in Abu Dhabi. Adnoc Gas expects to acquire Adnoc’s 60 per cent stake in the Ruwais project at cost, estimated at about $5 billion, in 2028. Khushnum Bhandari / The National

          Adnoc signs 15-year LNG agreement with Germany’s EnBW

          EnergyDecember 16, 2024