Arab

OPEC

Saudi Arabia May Push for Higher OPEC Production

Fox News: Saudi Arabia is reportedly planning to advocate for higher production at the upcoming OPEC+ meeting.

Oil Price

Saudi Arabia’s Economy Grows 12% In Q2 on High Oil Prices

Saudi Arabia recorded a GDP growth rate of 11.8 percent for the second quarter, driven by a 23.1-percent rise in oil income, according to preliminary data cited…

Energy Investment

Adnoc Distribution to Buy 50% Stake in TotalEnergies Egypt in Its Largest Investment

The acquisition, expected to be completed in the first quarter of 2023, marks the UAE company's entry into Arab world's most populous market

Net Zero Emission

Saudi Crown Prince Touts Vertical Living in NEOM’s Zero-Carbon City

The zero-carbon city that Saudi Arabia plans to build at NEOM will vertically layer homes, offices, public parks and schools within a mirrored facade stretching…

OPEC

Putin Calls Saudi Crown Prince to Discuss Oil Market, OPEC+

Putin and MBS discuss OPEC+ and oil markets in phone call.

Oil Price

Oil Rallies on Supply Fears and Tight Market

A force majeure declaration by Russia's Gazprom and a disruption to the Keystone pipeline between Canada and the US have boosted crude prices

Worley Wins Unconventional Work From Aramco

New contracts cover gas projects in Saudi Arabia and out-of-kingdom

OPEC

OPEC+ to Assess Oil Market, Take Necessary Steps: Saudi FM

Saudi Arabian Foreign Minister Prince Faisal bin Farhan Al-Saud said that oil was not discussed at a U.S.-Arab summit held on Saturday, and that OPEC+ would con…

Saudi Arabia

Saudi Arabia: No Additional Capacity to Increase Oil Production Beyond 13 Million Bpd

The kingdom said it is targeting production capacity of 13 million bpd by 2027

Hydropower Plant

UAE Looks to Add Pumped Hydro to Power Mix: Report

This is in pursuit of its 30% clean energy target by 2030.

Energy Transition

UAE and Germany to Boost Clean Energy Management and Development

High-level UAE delegation on four-day visit to Germany to explore ways the two countries can co-operate in energy transition

South Korea

South Korea, Saudi Eye Energy Cooperation

They discussed opportunities in the energy supply chain and hydrogen.

Smart Grid

DEWA’s Smart Grid System to Augment Restorative Management

Dubai Electricity and Water Authority (DEWA) has launched an Automatic Smart Grid Restoration System (ASGR) to increase the control, management and monitoring o…

Crude Oil

Macron Tells Biden That Uae, Saudi Can Barely Raise Oil Output

Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron on Monday said he ha…

United Arab Emirates

UAE and Germany to Explore Collaboration on Clean Energy

A delegation from the UAE's Ministry of Energy and Infrastructure will visit Germany on June 28 to discuss joint opportunities, particularly in hydrogen