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Arab
Saudi Arabia
Saudi, European, American Officials Discuss Iran's Nuclear File
Saudi Foreign Minister Prince Faisal bin Farhan bin Abullah held talks on Sunday with several ministers and political leaders on the sidelines of the Munich Sec…
Oil Price
Arab Oil Producers Say OPEC+ Should Stick to Current Output Agreement
OPEC+ should stick to its current agreement to add 400,000 barrels of oil per day each month to output, ministers of Arab oil-producing countries said on Sunday…
Saudi Arabia
Aramco Shares Switch May Boost Saudi Renewables
Saudi Aramco, the world's largest oil-exporting company, transferred 4% of its shares to the kingdom's Public Investment Fund, which is expected to use the proc…
Sumitomo Electric Secures US$200M Worth 400 kV High-Voltage Direct Current Submarine Cable Project in UAE
Sumitomo Electric Industries, Ltd. has received a limited notice to proceed (LNTP) from Samsung C&T Corporation to deliver a high-voltage direct current (HVDC) …
Crude Oil
Saudi Arabia’s Aramco Raises Oil Prices as Crude Surges
Saudi Arabia raised oil prices for customers in Asia, the U.S. and Europe after crude’s surge to almost $95 a barrel.
Thailand, Saudi Arabia Restore Diplomatic Ties
Thailand and Saudi Arabia have agreed to patch up diplomatic relations during a visit by the Thai prime minister to Riyadh on Tuesday.
Carbon Neutral
International Project Management Forum Reaffirms UAE's Endeavors to Become Carbon-Neutral by 2050
The United Arab Emirates has reaffirmed determination to achieve carbon neutrality by 2050 a the 7th Dubai International Project Management Forum, which opened …
Natural Gas
Saudi Arabia’s Gas Production Hits Record-High
Saudi Arabia has grown its natural gas production by 30 percent in a decade to a record 11 billion cubic feet per day (Bcf/d) in 2020
United Arab Emirates
Dubai Energy Demand Rises 10% in 2021 Amid Economic Recovery
Total demand in the emirate reached 50,202 gigawatt-hours last year.
Wind Farm
Saudi’s ACWA Power Breaks Ground on $300m Wind Farm in Azerbaijan
Project represents the first and largest foreign investment made in Azerbaijan’s renewable energy sector to date
Wave Energy
New Jersey Politician Plans Wave Energy Boost
Assembly member Robert Karabinchak is aiming to introduce a new legislative initiative to help the sector
Hydrogen Project
S-OIL Signs MOU on Blue Hydrogen Business with Saudi Aramco
S-OIL has signed four MOUs with Saudi Aramco to strengthen cooperation in alternative energy, including research and development on low-carbon future energy sou…
Hydrogen Project
POSCO to Promote Hydrogen Business with Saudi Sovereign Wealth Fund
POSCO and Samsung C&T’s Construction Business Division will push forward with the green hydrogen production business with the Public Investment Fund of Saudi A…
South Korea
Saudi Aramco Signs 10 Agreements with South Korean Companies to Advance Co-Operation
State-owned oil company signed one deal and nine preliminary agreements with South Korean companies
Market Analysis
South Australia Breaks Record by Running for a Week on Renewable Energy
South Australia sourced an average of just over 100 per cent of the electricity it needed from renewable power for 6½ days leading up to December 29 last year …
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