2024 will be another rollercoaster year for the energy industry, raising important questions about whether the Paris Agreement net-zero targets can be achieved, says Rystad Energy
Industry
Orton S.r.l. supplies bespoke butterfly valve for Saudi plant
Orton S.r.l. (IMI Orton) has successfully carried out factory acceptance testing (FAT) on a triple offset butterfly valve, designed specifically for a new propane dehydrogenation (PDH) plant in Saudi Arabia
25 Emiratis complete initial phase of ENOC Group training programme
25 young Emiratis have completed initial training in the refinery sector as part of ENOC Group’s Technical Training Development Program (TTDP) held in collaboration with Petrofac, designed to address the skills gap in the industry
ADNOC committed to grow portfolio for just transition
UAE President Sheikh Mohamed bin Zayed Al Nahyan has presided over the annual meeting of the ADNOC Board of Directors in his capacity as its chairman
What's in store for the oil market in 2024?
This year may see a broadly balanced oil market, reflecting slackening demand in advanced economies (impacted by monetary tightening), OPEC+ alliance cuts, plus a slowdown in non-OPEC supply, says economist Moin Siddiqi