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The move, by Norway's Sovereign Wealth Fund, is believed to help an emerging global campaign to move away from oil and towards renewable energies. (Shutterstock)
November 19th, 2017 - 06:00 GMT

The End of Oil: World’s Largest Fund to Dump Oil Investments, Invest Away From Oil

Norway's Sovereign Wealth Fund, the largest investment portfolio in the world, says it is considering a plan to dump investments for oil and gas companies.
Read more
The oil and natural gas business could be the next big industry targeted by cyber criminals. (File photo)
October 4th, 2017 - 01:04 GMT

Cyber Attacks on the Rise in the Oil and Gas Industry: Experts

The objective of the Hywind pilot farm is to demonstrate cost efficient and low risk solutions for future commercial-scale floating wind farms. (Shutterstock)
January 18th, 2017 - 06:00 GMT

Masdar buys 25 percent in Hywind Scotland to develop world's first floating offshore windfarm

The IOCs' interest in the third Cypriot licensing round stems from Eni's major Zohr gas discovery in August 2015, in northern Egyptian waters about five miles from Cypriot wa­ters. (Pexels)
August 30th, 2016 - 05:02 GMT

After Egypt's gas discovery, oil majors rush to bid for Cyprus' offshore blocks

Dubai is aiming to generate 7 percent of its total power from clean energy sources in the next four years, 25 percent by 2030 and 75 per cent by 2050. (File photo)
June 28th, 2016 - 06:00 GMT

Masdar seeks $800M loan for third phase of Dubai solar park


The project is already more than half-completed, with the first turbine monopile installed in early April, and construction of the wind farm’s 1,000-tonne offshore substation underway. (Shutterstock)
May 15th, 2016 - 06:00 GMT

Abu Dhabi's Masdar secures $1.84B for UK wind farm project

Al Bawaba
January 25th, 2016 - 06:00 GMT

Iran signs oil deal with Russian company Lukoil

Al Bawaba
January 4th, 2016 - 10:08 GMT

Masdar eyes more renewable energy projects in Jordan, Egypt, and Morocco

Al Bawaba
November 29th, 2015 - 09:00 GMT

Iran woos oil and gas giants at its biggest industry event

Al Bawaba
October 18th, 2015 - 04:55 GMT

Ten oil companies vow to green up with climate change initiative

Al Bawaba
September 17th, 2015 - 01:54 GMT

Oil price plunge will cut cash flow by 20 percent: Moody's

Al Bawaba
February 22nd, 2015 - 12:03 GMT

A collasal loss: $200 billion worth of projects cancelled due to low oil prices

Al Bawaba
February 19th, 2015 - 09:52 GMT

Oil: thriving in adversity?

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