Business / Energy

Solar energy investments in Qatar: A model for economic transformation, environmental sustainability 28 Apr 2025 - 12:06 am

Doha: The State of Qatar is undergoing a significant transformation in its energy sector since 2022, with the launch of Ras Laffan and...

Oil posts weekly fall on tariff worry and rising supplies 27 Apr 2025 - 11:02 am

DOHA: Oil prices edged higher on Friday but posted a weekly decline, under pressure from market expectations of oversupply and uncertainty around tariff...

Oil prices post weekly gain on trade deal hopes 20 Apr 2025 - 10:37 am

Doha, Qatar: Oil prices saw a notable weekly gain as markets reacted positively to geopolitical and trade developments. Brent and US crude futures...

Oil declines 3% over new US tariffs 03 Apr 2025 - 10:19 am

Singapore: Oil prices declined three percent on Thursday in Asian trading after US President Donald Trump announced fresh sweeping tariffs investors fear will...

Oil prices rise for second consecutive week on expected tighter supply 23 Mar 2025 - 09:39 am

Doha, Qatar: Oil prices settled higher on Friday and recorded a second consecutive weekly gain as fresh US sanctions on Iran and the...

Asian spot LNG price flat amid bearish Europe gas sentiment 09 Mar 2025 - 11:21 am

DOHA: Oil prices gained on Friday but retreated from session highs after US President Donald Trump threatened sanctions on Russia if it fails...

Massive oil reserve discovered in central Iraq 20 Jan 2025 - 10:02 pm

Baghdad: The Iraqi Central Oil Company (ICOC), in cooperation with the Chinese company (EBS), has announced the achievement of a major oil discovery...

South Sudan to resume oil production from Jan 8 07 Jan 2025 - 08:54 pm

Juba: South Sudan could resume oil production "as early as tomorrow" almost a year after fighting in neighbouring Sudan ruptured a key pipeline,...

UK, Germany electricity cleanest on record in 2024 03 Jan 2025 - 10:51 pm

London: Britain and Germany produced their cleanest electricity on record last year, with renewables reaching record highs, according to data released on Thursday....

Oil prices fall on supply glut fears despite OPEC+ output cut extension 08 Dec 2024 - 10:36 am

Doha, Qatar:Oil prices fell by more than 1% on Friday and cemented weekly losses as analysts projected a supply surplus next year on...

Oil prices settles down 2% on receding hurricane risk 10 Nov 2024 - 10:41 am

Doha, Qatar: Oil prices settled more than 2% lower on Friday as traders grew less fearful of prolonged supply disruptions from a hurricane...

Minister of State for Energy Affairs meets Libyan Minister of Oil and Gas 07 Nov 2024 - 11:32 pm

Doha, Qatar: Minister of State for Energy Affairs HE Eng. Saad bin Sherida Al Kaabi met with the Minister of Oil and Gas...

Eight OPEC+ members extend oil supply cuts until end of December 03 Nov 2024 - 09:08 pm

Vienna: Eight members of the OPEC+ group of oil-producing nations said on Sunday they were extending supply cuts until the end of December....

Oil prices fall, weekly 7% drop on China demand woes 20 Oct 2024 - 09:13 am

Doha, Qatar: Oil futures fell on Friday, declining more than 7% on the week after data showed China’s economic growth slowed and investors...

Oil settles up, biggest weekly gains in over a year on Middle East war risk 06 Oct 2024 - 09:43 am

Doha, Qatar: Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of...

Oil ends week higher as investors take stock of Fed rate cuts 22 Sep 2024 - 10:16 am

Doha, Qatar: Oil prices settled lower on Friday but recorded a second straight week of gains, garnering support from a US interest rate...

Iraq affirms commitment to OPEC policy regarding oil production 29 Aug 2024 - 11:43 pm

Baghdad: Iraqi Prime Minister Mohammed Shia al-Sudani affirmed his country's commitment to the Organization of the Petroleum Exporting Countries (OPEC) policy regarding oil...