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Oil Price
Aramco’s Profit Soars 46% To Record $161BN on Higher Oil Prices
Aramco oil tanks in Abqaiq, Saudi Arabia. The state energy company will raise crude production to 13 million barrels per day by 2027.Saudi Aramco, the world'…
Nuclear Power Plant
Bertin Technologies and Al Masaood Group Announce Strategic Partnership to Support UAE Nuclear Industry
The partnership will bring together Bertin Technologies’ expertise in the nuclear field with Al Masaood’s know-how and extensive network in the Midd…
LNG
Chesapeake Energy, gunvor sign Long-term lNG supply agreement
(WO) – Chesapeake Energy Corporation and Gunvor Group Ltd announced that Gunvor Singapore Pte Ltd ("Gunvor") has entered into a Heads of Agreement ("HOA") with…
Solar Power Plant
Saudi Arabia’s Acwa Power to Build Two Solar Plants in Uzbekistan With 1.4GW Capacity
Uzbekistan's capital Tashkent will host one of the new solar power plants, under the deal with Acwa. Photo: flydubaiSaudi Arabia's Acwa Power has signed…
Wind Farm
ACWA Power Inks Major Renewable Development Deal With Kazakhstan Government for 1GW Wind Energy and Battery Storage Plant
ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, has announced a groun…
Nuclear Power Plant
Unit 3 of the UAE’s Barakah Nuclear Plant Enters Commercial Operation
The United Arab Emirates’ Emirates Nuclear Energy Corporation (ENEC) has announced that its subsidiary Nawah Energy Company has started commercial operati…
Oil Price
Oil Steadies Amid Concerns of Further Interest Rate Raises
Russia could extend output cuts depending on market situation, Deputy Prime Minister says
Net Zero Emission
Sharjah Sustainable City Celebrates Year of Milestones Toward Sustainable Living
he Sharjah Sustainable City — the first sustainable master-planned community developed by the Sharjah Investment and Development Authority (Shurooq) in partner…
Nuclear Power Plant
UAE Launches Nuclear Day
Date commemorates the issuance on 16 February 2020 of the licence to operate Unit 1 of the Barakah Nuclear Power Plant in the UAEThe Cabinet of the United Arab …
Net Zero Emission
MoIAT Forms Alliance With Private Sector to Develop and Use Sustainable Technologies
The Industrial Sustainability Alliance will also be a platform for dialogue among policymakers, global technology experts and industrial companies
LNG
First Middle East LNG Cargo to Germany Delivered by ADNOC
ADNOC and RWE Aktiengesellschaft (RWE) announced today the successful delivery of the first shipment of LNG from Abu Dhabi in the United Arab Emirates (UAE) to …
Oil Price
Oil Prices Steady as Build-up in Us Crude Stocks Eases Supply Fears
Workers on an oil drilling rig in Stanton, Texas. US crude stocks increased by 2.4 million barrels last week, the US Energy Information Administration said. AFP…
Oil Price
Oil Prices Rise Amid Signs of Tightening Demand
Traders at the New York Stock Exchange. Analysts expect the price cap on Russian refined product exports to have a bigger impact on global crude flows than the …
Nuclear Power Plant
France, India and UAE Announce Cooperation Roadmap
The foreign ministers of the three nations have formally announced a trilateral initiative which will focus on solar and nuclear energy, as well as the fight ag…
Power Construction
GE, Samsung C&T, EDF in Race for 7.2GW Saudi Power Projects
Two of the projects will come up in the kingdom's Taiba city, while the other two will be in Qassim citySaudi Power Procurement Company (SPPC) has announced…
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