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UAE QUIETLY BOOSTS OIL PRODUCTION CAPACITY AHEAD OF OPEC MEETING.
ADNOC has quietly increased its oil production capacity to 4.85 million barrels per day (bpd), up from the previously reported 4.65 million bpd. The United Arab Emirates state-owned oil company aims to further raise this capacity to 5 million bpd by 2027, a target set years ago.
- 2 years, 6 months
DEVELOPING NATIONS LOOK TO BALANCE OIL AND GAS OPPORTUNITY WITH CLIMATE CONCERNS.
The International Energy Agency (IEA) recommends keeping new oil discoveries in the ground to achieve global climate goals. African and Caribbean nations are under pressure to choose between economic growth and climate action.
- 2 years, 6 months
ARAMCO LEADS OIL INDUSTRY INVESTMENT IN AI.
Global Data has reported that Aramco, a leading oil company, is the largest investor in artificial intelligence (AI) in the oil industry, having spent $3.5 billion on research and development last year.
- 2 years, 6 months
CHINA'S CLEAN ENERGY EXPORTS JUMP DESPITE LOWER PROFITS.
In 2023, China's clean energy exports surged by nearly a fifth compared to the previous year, exceeding $150 billion.
- 2 years, 6 months
TANZANIA: EWURA GETS AN AWARD FOR BEST MANAGEMENT IN CENTRAL PROJECTS.
The Authority for Energy and Water Services Regulatory (EWURA), has received the second winner award in the Best Management of Indigenous Participation in Strategic Projects in the Country.
- 2 years, 6 months
SAUDI ARAMCO SEEKS INVESTMENT OPPORTUNITIES IN NEW ENERGIES ABROAD.
Aramco is expanding its investment focus to include new energy sources and technologies beyond Saudi Arabia. The company has doubled its venture capital fund to $7 billion, aiming to support innovative startups and disruptive technologies.
- 2 years, 6 months
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