Arab

Offshore Wind Power

Iberdrola Joins Forces With Masdar in Offshore Wind Energy With the Investment of 1.6 Billion Euros in the Baltic

After obtaining the necessary regulatory approvals, the companies have closed the agreement announced last July to co-invest in the Baltic Eagle offshore wind f…

Oil & Gas Trade

Shell to Sell Pakistan Unit to Saudi Firm

FILE PHOTO: Shell logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/File…

Oil Price

Saudi Arabia May Hold Arab Light Price to Asia Steady for Dec

A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Acquire Licensing Rights…

Oil & Gas Trade

Saudi Arabia's Wafi Energy Eyes Acquisition of Shell Pakistan Limited

WAFI Energy LLC, one of the leading fuel station companies in Saudi Arabia, is eyeing 77.42% shares and control of Shell Pakistan Limited (SHEL).Shell Pakistan …

Renewable Energy

Redex Group Raises $10M Series a Funding Led by Aramco Ventures

SINGAPORE, Oct 31, 2023 - (ACN Newswire) - REDEX, Asia’s leading Renewable Energy Certificates (RECs) solutions provider, announced today the successful c…

Hydrogen Fuel Vehicle

BMW Triumphs With Its IX5 Hydrogen Car in Extreme UAE Climate Trials

The H2-powered vehicle was able to stand up to the harsh weather in the United Arab Emirates.The BMW iX5 hydrogen car is a 401-bhp SUV that offers a range of as…

Net Zero

COP28 chief, groups, urge tripling renewable capacity by 2030

FILE PHOTO:U.A.E. Industry Minister Sultan Al Jaber attends the Bonn Climate Change Conference in Bonn, Germany, June 8, 2023. REUTERS/Jana Rodenbusch/File Phot…

Solar Power Plant

Masdar to Develop 1GW Solar and Onshore Wind Projects in Azerbaijan

The Abu Dhabi-based renewable energy company’s investment agreements for the three renewable energy projects come after the inauguration of the 230MW Gara…

Solar Cell

Jinkosolar Seals Largest Supply Deal With Acwa Power

JinkoSolar, a leading solar and energy storage company, has announced that it has signed the largest ever supply agreement with Acwa Power for its 3.8 GW N-type…

Hydrogen Project

Hyundai Motor Signs MoU With KATECH, APQ and SAPTCO to Foster Hydrogen Mobility Ecosystem in Saudi Arabia

Hyundai Motor to participate in a multi-stakeholder partnership to establish an ecosystem for hydrogen-based mobility in the Kingdom of Saudi ArabiaThe parties …

Electric Vehicles

PIF and Hyundai Motor Company Sign Joint Venture Agreement to Establish New Automotive Manufacturing Plant in Saudi Arabia

from left) Euisun Chung, Executive Chair, HMG; Kyungho Choo, Deputy PM and Minister of Economy and Finance; Moon Kyu Bang, Minister of Trade, Industry and Energ…

Thermal Plant

UAE’s 1.8GW Hamriyah independent power plant starts commercial operations

Located 600m south of Hamriyah Port, the Hamriyah combined cycle power project, which features three GE Vernova 9HA.01 turbines, is owned by SHIPCO, a consortiu…

Oil & Gas Trade

Adnoc Gas Signs $500-700M LNG Supply Agreement With Jera

Adnoc Gas, a large-scale integrated gas processing company, has announced a multi-year liquified natural gas (LNG) supply agreement, valued between $500 million…

Hydrogen Fuel Vehicle

Hydrogen Train Adoption Gaining Steam With Saudi Arabia's 1st Trial

The company has been focused on enhancing and expanding its carbon emission-free travel.The Saudi Arabian Minister for Energy, Prince Abdulaziz bin Salman recen…

Oil&Gas Drilling

Iraq, UAE's Crescent Launch Deals to Develop Three Oil and Gas Fields

Iraq has launched three energy contracts with UAE-based Crescent Petroleum to develop three oil and gas fields in Iraq, the oil ministry said on Sunday.United A…