While there was no official comment from Aramco, the kingdom’s energy ministry confirmed the strike had caused a limited fire...
energy prices
In a factory in Vantaa, a city in southern Finland, scientists and engineers are working on a groundbreaking innovation that...
Female-founded startups secured just $8.5 million with a total of two transactions. It made for puzzling reading, given that the...
Welcome to this week’s Fortune Gulf Brief. Regular readers might notice a different author byline today, that’s because Melissa is...
Energy bills are rising Energy prices will rise by 4% from October – about £60 a year to £1,723 – for a...
Coinbase, the U.S.’s largest crypto exchange, will be based out of Abu Dhabi Global Marketplace (ADGM), from where it has been granted a...
Low U.S. strategic reserves threatening the integrity of the 60 underground salt caverns storing oil
Strategic oil inventories have researched a 40-year low, and experts warn their continued depletion could damage the underground caverns where...
This is the web version of Fortune Gulf Brief, a weekly newsletter providing smart coverage on the capital, leaders, and...
Chief financial officers (CFOs) across U.S. companies said they’ve been able to navigate the challenges of increased energy costs as...
In the early days of the Iran war, analysts held the grim prediction that crude oil prices would top $200...
Nvidia has another blockbuster earnings report after the bell Wednesday, and Wall Street, as per usual, is readying the fireworks....
After U.S. gas prices soared to over $4 a gallon this month, Americans are cautiously exhaling a long-held breath that...
The Iran war caused oil prices to skyrocket by up to 70% in just weeks, but it will take a...
Philippine President Ferdinand Marcos Jr. on Tuesday declared a state of national energy emergency to respond to the impact of...
Fed Chair Jerome Powell acknowledged Wednesday that the AI-fueled data center boom is contributing to inflation, pushing back on the...
Juergen Maier: ‘confusing debate’ Energy prices will not fall by producing more oil and gas from the North Sea, according...
When IRGC brigadier-general Ebrahim Jabari declared the Strait of Hormuz to be closed, 150 oil and LNG tankers decided to...
If it seems like your electricity bill is higher than it’s ever been, you’re probably right. Americans’ electricity costs rose...