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Oil Exploration
Kharabsheh Follows up on Achievements of Petroleum Exploration Projects
The Minister of Energy and Mineral Resources, Saleh Kharabsheh, reviewed the progress of priority initiatives outlined in the Economic Modernization Vision (202…
Solar project
EWEC Locks Down Land for 4.6 GW of Solar, Wind in Abu Dhabi
Emirates Water and Electricity Co. (EWEC) says it has secured four sites in the United Arab Emirates to develop 4.6 GW of solar and wind projects.EWEC said it h…
Oil&Gas Drilling
UAE’s Adnoc Boosts Drilling Capabilities With 2 New Jack-up Rigs
The Abu Dhabi National Oil Co. has received two new jack-up rigs, reinforcing its position as one of the largest drillship fleet owners globally.ADNOC Drilling …
Hydrogen Fuel Vehicle
As Part of Abu Dhabi's Green Bus Programme: Hyundai UAE Delivers Hydrogen Buses to "Abu Dhabi Mobility"
Juma Al Majid Co. LLC, the exclusive distributor for Hyundai in the UAE, announced the two Hydrogen Fuel Cell Buses are delivered and operated in the public tra…
Crude Oil
Saudi Crude Oil Exports Jumped to Three-Month High in October
Saudi Arabia’s crude oil exports rose to a three-month high in October, the latest data from the Joint Organizations Data Initiative (JODI) showed on Wedn…
United Arab Emirates
Hydrogen Council Welcomes Masdar, Siemens Energy and Yara Clean Ammonia to Its Board
Masdar, Siemens Energy and Yara Clean Ammonia will become new board members of the Hydrogen Council from January 1, 2025.The Council anticipates valuable insigh…
Natural Gas
Dana Gas Receives $20 Million in Payment From Egypt
Dana Gas, one of the largest private natural gas companies in the Middle East, received a $20 million payment from the Egyptian government, taking the total pay…
Hydrogen Fuel Vehicle
FIA Extreme H World Cup Reveals Details on Inaugural 2025 Hydrogen-Fuelled Season
Extreme H has become the FIA Extreme H World Cup as the first hydrogen off-road racing series reveals further details on its inaugural 2025 season.Extreme H and…
Oil Price
Saudi Arabia Cuts Oil Prices
Saudi Arabia is cutting oil prices for buyers in Asia by more than expected after OPEC+ further delayed an output revival, underscoring how the outlook for the …
Green Hydrogen
Dubai’s Production of Green Hydrogen Reduces 450 Tonnes of CO2 Emissions
DUBAI-- Dubai Electricity and Water Authority (DEWA) has announced that its Green Hydrogen project has produced around 90 tonnes of green hydrogen since it was …
Green Hydrogen
UAE-Morocco Venture to Invest $25 Bln Green Hydrogen Project
Project is based in Dakhla city in Morocco.A UAE-Moroccan private venture is planning to pump nearly $25 billion into a green hydrogen and ammonia project in th…
Oil Price
Global Oil Prices Drop to $71 as 4th Largest Production Company Cuts Prices for Asia
Global oil prices tracked by Brent futures have fallen to $71 per barrel, remaining below the $75 threshold after Saudi Arabia’s oil giant, Aramco, cut pr…
Oil Price
UAE to Gain From OPEC+ Decision on Oil Output
The UAE is expected to gain significantly from last week’s Opec+ decision, as the country’s 2025 target level is about 8% higher than its target lev…
Solar project
EDF Renewables, SPIC Win 1.4 GW of Solar Projects in Saudi Arabia
A consortium of France’s EDF Renewables and China’s SPIC Huanghe Hydropower Development Co. (HHDC) has successfully bid for two solar projects in Sa…
Oil Price
OPEC+ Delays Revival of Its Oil Production by 3 Months
OPEC+ 将恢复石油生产的计划推迟了三个月,这是该组织在原油价格因供应过剩而苦苦挣扎之际第三次推迟这一举措。以沙特阿拉伯和俄罗斯为首的欧佩克推迟了一系列增产计划,原定于…
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