Arab

Hydrogen Fuel Vehicle

HySE to Participate in the Dakar 2025 “Mission 1000 ACT2” With the HySE-X2; Progressed Hydrogen Engine From X1

HySE (Hydrogen Small mobility & Engine technology Association) will participate in the Mission 1000 ACT2 of Dakar 2025 (Dakar Rally), which will be held in Saud…

EV Technology

Saudi’s Ceer Partners With Rimac Technology for High-Performance Electric Drive Systems

Ceer Motors, Saudi Arabia’s first electric vehicle (EV) brand, a joint venture between the Public Investment Fund (PIF) and Hon Hai Precision Industry Co. (Fox…

Oil & Gas Trade

ADNOC Awards $196.2m Manufacturing Contracts

ADNOC has awarded contracts worth $196.2m to 11 companies to boost local manufacturing of diverse products across its value chain as part of the ICV programme.T…

Green Hydrogen

Air Products Eyes Expanded Offtake for NEOM Green Hydrogen Plant

Air Products CEO Seifi Ghasemi has announced ongoing negotiations for additional offtake from the 2.2GW NEOM green hydrogen plant in Saudi Arabia, driven by sus…

Floating Solar

Masdar, Sarawak Energy, Gentari Plan Large-Scale Floating Solar in Malaysia

Abu Dhabi-based renewables developer Masdar and two Malaysia-headquartered companies, state-owned utility Sarawak Energy and clean energy solutions provider Gen…

Hydrogen Technology

TA’ZIZ Secures $2 Billion for Blue Hydrogen Ammonia Infrastructure in UAE

EPC contracts advance TA’ZIZ’s strategy to drive UAE’s industrial growth as it supports ADNOC’s ambition to become a top five global che…

Saudi Arabia

UAE’s Adnoc Agrees 15-Year LNG Supply Deal With Germany’s SEFE

Abu Dhabi National Oil Co. agreed to sell liquefied natural gas to Germany’s SEFE for 15 years starting 2028, a deal that expands the United Arab Emirates…

Saudi Arabia

Aramco Cuts Oil Prices to Asia for December After OPEC+ Delay

Saudi Arabia lowered oil prices for buyers in Asia for December after members of the OPEC+ producers group said they will push back production increases by one …

Crude Oil

Aramco Keeps World’s Biggest Payout With Saudi Finances Wobbling

The company, majority owned by the Saudi state, is keeping the world’s biggest payout despite increasing signs of stress on earnings. The outlook for oil …

Oil & Gas Trade

Saudi Arabia’s Wafi Energy Holding buys majority stakes in Shell Pakistan

Dubai: Saudi Arabia’s Wafi Energy Holding acquires a majority stake in Shell Pakistan following Shell Petroleum Co., a subsidiary of global Shell plc, com…

United Arab Emirates

ADNOC, Masdar and Microsoft jointly publish new report Powering Possible: AI and Energy for a Sustainable Future

ADNOC, Masdar and Microsoft have jointly published a new report titled Powering Possible: AI and Energy for a Sustainable Future exploring the transformative po…

Photovoltaic （PV）

Saudi Solar Firm Plans Major Output Boost on Green Energy Push

A Saudi-based solar company is planning a massive jump in its production of panels and cells as the kingdom races to meet its ambitious renewable energy targets…

Decarbonization

ACWA Power Signs $1.7bn Finance And Energy Deals

Saudi utility firm ACWA Power is set to increase its capital by SR7.13 billion ($1.89 billion) as part of its strategy to triple assets under management by 2030…

Oil Price

Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production out

Storage tanks at the BP Plc Cherry Point Refinery near Blaine, Washington, U.S., on Friday, Nov. 19, 2021. Total U.S. oil stockpiles, including commercial inven…

Photovoltaic （PV）

Saudi Arabia’s 3.7 GW Solar Tender Attracts Lowest Bid Of $0.0129/kwh

Saudi Power Procurement Co. (SPPC) announced this week the shortlisted bidders for the final phase of the fifth round of the Saudi Arabian government's Nati…