Arab

Saudi Arabia

‘Need For Cooperation’ To Achieve Net Zero By 2050

Sheikh Ahmed bin Saeed Al MaktoumThere needs to be cooperation among the related organisations in the UAE to achieve the objectives of the UAE Net Zero by 2050 …

Oil & Gas Trade

Aramco, Sinopec and Sabic Plan Mega Projects In KSA, China

Mohammed Y Al QahtaniSaudi Aramco, China Petroleum and Chemical Corporation (Sinopec) and Sabic will explore setting up a petrochemical complex to be integrated…

Cooperation case

China And Saudi Arabia Signed The Implementation Plan For Docking For The Joint Construction Of The "Belt and Road" Initiative And The "2030 Vision"

China And Saudi Arabia Signed The Implementation Plan For Docking For The Joint Construction Of The "Belt and Road" Initiative And The "2030 Vision"Source: Nati…

United Arab Emirates

UAE's ADNOC, Taqa and Mubadala Complete Masdar Stake Deal

Abu Dhabi's National Oil Company [RIC:RIC:ADNOC.UL], Taqa (TAQA.AD) and Abu Dhabi sovereign wealth fund Mubadala Investment Company said on Thursday they would …

Oil Price

Saudi Arabia Cuts Oil Prices to Asia to 10-Month Low

Saudi OSPs to Asia hit 10-month low amid slowing physical demand.

United Arab Emirates

New UAE Law Regulates Renewables Production Units Link to Grid

This is in line with UAE’s plan to diversify renewable energy sources.

Natural Gas

Saudi Arabia Makes More Unconventional Gas Discoveries

Saudi Arabia’s oil giant Aramco has discovered two unconventional natural gas fields in the eastern part of the country.

Crude Oil

UAE Brings Forward Oil Production Capacity Expansion to 2027

The board of Abu Dhabi's ADNOC endorsed plans on Monday to bring forward the company's five million barrel per day oil production capacity expansion to 2027 fro…

Crude Oil

UAE's ADNOC to Cut 5% of Dec Crude Volumes to Term-Buyers in Asia - Sources

Abu Dhabi National Oil Company (ADNOC) will cut 5% of the December crude oil supply to some term-lifters in Asia but will provide full contractual volumes in Ja…

Saudi Arabia

Saudi, Iraqi Energy Ministers Meet, Review Oil Markets

The energy ministers of Saudi Arabia and Iraq met on Thursday and stressed the importance of adhering to OPEC+ output cuts that last until the end of 2023.

Saudi Aramco Signs Agreements Worth $11BN With Manufacturers

The move could create 5,000 jobs in Saudi Arabia over the next decade

Distributed energy

UAE Issues Law to Regulate Linkage of Renewable Energy Production Units to the Grid

The legislation seeks to contribute to the country’s efforts towards achieving net zero emissions by 2050

OPEC

UAE Denies It Is Engaging in Discussion With Other OPEC+ Members to Change Their Latest Agreement - Minister

United Arab Emirates' energy minister said on Monday that the Gulf state denied that it is engaging in any discussion with other OPEC+ members to change their l…

Oil Price

Oil Prices Reverse Course After Saudi Arabia Denies Output Hike Rumors

Saudi Arabian officials are denying the news that OPEC is considering a 500,000 bpd output hike.

United Arab Emirates

Jordan, Israel, UAE Tie Up to Advance Project Prosperity

The countries seek to develop clean energy and sustainable water desalination.