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Carbon Emissions
BlackRock-Led Group Invests $525M Toward India Renewable Energy
A group considered the world’s largest asset manager has joined with a United Arab Emirates (UAE) wealth management fund to support an investment in renewable …
Hydrogen Project
Saudi Arabia Looks to Position NEOM as a Hydrogen Leader
At the first-ever conference devoted exclusively to carbon-free hydrogen in the Middle East and North Africa, participants looked in depth at the technical and …
Azerbaijan
Masdar Breaks Ground for 230MW Solar Project in Azerbaijan
United Arab Emirates-based energy firm Masdar held a groundbreaking ceremony for the construction of the 230-megawatt (MW) solar plant project in Azerbaijan.
OPEC
Russia Will ‘Always’ Be a Part of OPEC+, UAE Energy Minister Says
The United Arab Emirates’ energy and infrastructure minister has insisted that Russia will always be a part of OPEC+ even as governments across the globe shun …
Offshore Wind Power
How the UAE Is Helping to Power 2 Million Dutch Homes
The new era of offshore wind power demands engineering as formidable as that achieved in the era of oil and gas. The UAE is playing its role.
Oil Price
IEA Ready to Release More Oil to the Market to Cool Prices 'if Needed'
The International Energy Agency said its members are ready to release more oil into the market “if needed” to tackle soaring prices in the wake of Russia's mi…
Oil Refinery
Russian Agents Charged with Targeting U.S. Nuclear Plant, Saudi Oil Refinery
U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an Americ…
United Arab Emirates
UAE Partners with Netherlands to Boost Hydrogen Efforts
The UAE has joined forces with the Netherlands to boost its research and efforts on hydrogen energy.
United Arab Emirates
Masdar’s Clean Energy Capacity Jumped 40% in 2021 with Renewables Portfolio Expansion
Masdar reported a 40 per cent jump in its clean energy capacity in 2021 as the Abu Dhabi-based company continues to expand its renewables portfolio globally ami…
Oil Price
Saudi Aramco’s Full-Year Profit More than Doubles on Soaring Oil Prices
Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion.
Crude Oil
Japan and Saudi Arabia to Work Toward Stabilizing Crude Oil Markets
Prime Minister Fumio Kishida and Saudi Arabia’s Crown Prince Mohammed bin Salman agreed Thursday to bolster cooperation on stabilizing global crude oil markets…
Crude Oil
U.K. PM Visits Saudi Arabia to Find Alternative to Russian Oil
U.K. Prime Minister Boris Johnson has arrived in Saudi Arabia, hoping to discuss boosting oil production to counter Russia's influence on oil prices.
Crude Oil
Russia Could Lose 30% of its Oil Output Within Weeks, IEA Warns
Russia could soon be forced to curtail crude oil production by 30%, subjecting the global economy to the biggest supply crisis in decades — that is, unless Sau…
PV Moisture-Wicking Tech Gives New Meaning to “Solar Farm”
Researchers at Saudi Arabia’s King Abdullah University of Science and Technology now report a more sustainable and low-cost solution to produce enough water fr…
Crude Oil
Saudi Considering China’s Yuan for Oil Purchases
Saudi Arabia and China have been growing closer for years, and the news comes at a time of frustration among Gulf states with the US.
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