Arab

Oil & Gas Supply

The EU's Energy Partnership With Gulf Countries Makes “More Sense Than Ever”

Cooperation between the European Union and the Gulf Cooperation Council is more important than ever, the head of EU foreign policy Josep Borrell said, as quoted…

Crude Oil

Saudi Arabia to Deliver Full Oil Volumes to Asia Despite Production Cut

Saudi Arabia’s state oil company has assured several buyers in Asia it will deliver full contracted volumes in December despite the OPEC+ decision to cut produ…

Crude Oil

Saudi Energy Minister Stresses the Importance of Oil Security

The world cannot go without Saudi oil exports for more than two or three weeks, Saudi Arabia’s Energy Minister, Prince Abdulaziz Bin Salman.

Wind Power Project

UAE’s Masdar Signs on 10GW Wind Project in Egypt

Renewable energy company Masdar, renewable energy developer Infinity Power and Hassan Allam Utilities have signed a Memorandum of Understanding (MoU) to develop…

Wind Farm

COP27: UAE and Egypt Agree to Build One of World's Biggest Wind Farms

The presidents of the United Arab Emirates (UAE) and Egypt witnessed the signing of an agreement on Tuesday to develop one of the world's largest onshore wind p…

South Korea

South Korea, Saudi Arabia Eye Continued Cooperation for Energy Supply Chain

The two markets aim to collaborate on oil and hydrogen.

Carbon Emissions

COP27: UAE Says Will Carry on Pumping Oil Responsibly

The United Arab Emirates will be a responsible supplier of oil and gas for as long as the world needs.

Carbon Emissions

Saudi Arabia Commits $2.5 Bln to Middle East Green Initiative - Crown Prince

Saudi Crown Prince Mohammed bin Salman speaks during the Future Investment Initiative Forum in Riyadh, Saudi Arabia October 24, 2018. Bandar Algaloud/Courtesy o…

Energy Technology

Rolls-Royce Provides Uninterruptible Power Systems for Saudi Supercomputer

Rolls Royce will deliver mtu Kinetix PowerPacks for a supercomputer in Saudi Arabia where, in the event of a power outage, the constantly rotating accumulator w…

Oil Price

Saudi Arabia Cuts Oil Prices for Asia

Saudi Arabia has lowered its official selling prices for oil for all its Asian clients, with the flagship Arab Light for December delivery now priced $0.40 lowe…

Rolls-Royce Provides Power Supply for Supercomputer in the Middle East

Rolls-Royce has commissioned the first six mtu Kinetic PowerPacks for the Shaheen supercomputer located at King Abdullah University for Science and Technology (…

Crude Oil

UAE Believes the Oil Industry Is in “Decline Mode”

Crude oil is in “decline mode” in the long term, OPEC heavyweight the United Arab Emirates (UAE) says.

Electric Car

Crown Prince Mohammed Bin Salman Launches Saudi Arabia's First EV Brand

Saudi Arabia’s crown prince Mohammed bin Salman has launched the country’s first EV brand.

Net Zero Emission

EGA Joins First Movers Coalition to Continue Focus on Decarbonising Its Operations

The company is the first in the UAE to join the coalition.

United Arab Emirates

UAE and US in Strategic Partnership to Invest $100bn in Clean Energy Projects

The two countries plan to produce 100 gigawatts of clean energy globally.