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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…
Hydrogen Project
Gulf Cryo & Aramco Sign a Collaboration Agreement for Testing and Assessment of Lower-Carbon Hydrogen
The collaboration aims at establishing a versatile testing facility for newly-developed lower-carbon hydrogen and carbon capture & utilization technologies in t…
Electrolyzer
DEWA Launches Tender for 2.5 MW Alkaline Electrolyzer Project
Dubai Electricity & Water Authority (DEWA) is seeking applicants to design, supply, install and commission a 2.5 MW alkaline electrolyzer turnkey project. The d…
Energy Investment
Sulmara Secures £15M Cash Boost
Image: SulmaraBGF has made a £15m investment in Sulmara, an independent provider of survey and inspection services to the offshore wind and energy markets…
Hydrogen Technology
Aramco to Leverage Topsoe’s Electrified Reforming Process for Blue Hydrogen Production
Aramco will use Topsoe technology to produce blue hydrogen at its natural gas liquids (NGL) recovery plant in Saudi Arabia.Under a Joint Development Agreement (…
Nuclear Technology
ENEC And ADNOC Team Up To Support UAE Energy Diversification
The Emirates Nuclear Energy Corporation and government-owned diversified energy group ADNOC are to evaluate the deployment of advanced nuclear technology such a…
Oil & Gas Trade
OPEC+ Appears Set to Hold Its Next Key Meeting on Output Online
OPEC+ delegates said they assume next month’s meeting on plans to restore oil production will be held online, rather than at their Vienna headquarters as …
Investment Guide
Masdar and Silk Road Fund Sign MoU
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and China’s Silk Road Fund (SRF) have signed a Memorandum of…
COP29
COP29: Nations Struggle With Fossil Fuel Transition Agreement as Saudi Arabia Poses ‘Wrecking Ball’
People visit the Saudi Arabia pavilion on day eight at the UNFCCC COP29 Climate Conference in Baku, Azerbaijan on Nov. 19, 2024. Sean Gallup / Getty ImagesCOP29…
Battery
A Green Miracle in the Desert
The 1.3 GWh energy storage system uses Huawei’s Smart String Grid-Forming ESS.Upon completion, The Red Sea destination will be a role model tourist develo…
Solar project
DEWA Seeks Advisory Services for Large-Scale Solar-Plus-Storage
The Dubai Electricity and Water Authority (DEWA) has launched a tender seeking advisory services from independent power producers for a 1.6 GW solar plus 1 GW b…
Wind Farm
Voltalia Signs 3GW Egyptian Solar, Wind MoU
Image: Rabih Shasha/UnsplashVoltalia has signed a memorandum of understanding with the Egyptian Ministry of Electricity, in partnership with TAQA Arabia, for th…
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