Tag Archives: The National News

With Europe unveiling plans this week to end its reliance on Russian gas by 2030, Algeria is keen to boost its output and become a major player. However, with long-term Russian contracts and structural issues in Algeria, that will prove to be a challenge, experts say. About 40 per cent …

The world’s wind project pipeline increased significantly from the second quarter and fourth quarter of this year as efforts to mitigate climate change spur the adoption of renewables, according to a report by Fitch Solutions. The pipeline of wind projects has risen sharply to 423 gigawatts from 320 gigawatts in …

Oil prices continued their decline on Thursday amid a high inventory build-up in the US and rising numbers of Covid-19 Delta cases. Brent, the international benchmark, fell 0.11 per cent to trade at $70.30 per barrel at 11.19am UAE time. West Texas Intermediate, the main US gauge, was flat at …

Eni has agreed to buy one of the largest onshore wind portfolios in Italy from fund manager Glennmont Partners, as part of plans to expand its green energy business. The Italian energy group will buy a 315 megawatt portfolio comprising 13 plants, taking its overall wind capacity in Italy to …