Arab

Oil Price

Saudi Arabia Cuts Oil Prices For Asia In February

Saudi Arabia cut the prices of all the crude grades it will be selling to Asia in February to the lowest premium to regional benchmarks in three months, amid th…

Solar Cell

New Photovoltaic Materials Developed by Stanford Scientists for Ultrathin, Lightweight Solar Panels

New, ultrathin photovoltaic materials could eventually be used in mobile applications, from self-powered wearable devices and sensors to lightweight aircraft an…

Crude Oil

Saudi Arabia may Set Deep Crude Price Cuts for Asia in February

Top oil exporter Saudi Arabia may implement deep price cuts for the crude it sells to Asia in February after Middle East benchmarks and spot prices slumped this…

Power Construction

Samsung C&T Lands High-Voltage Direct Current Network Project in UAE

Samsung C&T’s Construction Division announced on Dec. 23 that it has signed an engineering, procurement, and construction contract for a HVDC network construct…

Power Construction

Hitachi Energy Wins UAE Sub-Sea Transmission Contract

Hitachi Energy has won a major order from Samsung C&T Corporation, one of the world’s largest engineering and construction companies, to connect ADNOC’s offsh…

Oil & Gas Trade

China’s Oil Imports in November from Saudi Arabia Fall from a Year Earlier

China’s crude oil imports from Saudi Arabia in November fell 13% from a year earlier, but the kingdom retained its ranking as the top supplier to the world’s …

Crude Oil

Nov Crude Imports from UAE Hit Record High at 1.1 mil b/d

China's crude imports from the UAE hit a record high of 4.47 million mt, or 1.09 million b/d, in November amid lower official selling prices, making it China's …

Solar Power Plant

Largest Solar-Powered Data Centre in ME & Africa Breaks Ground

The digital arm of the Dubai Electricity and Water Authority broke ground for the first phase of the largest solar-powered data centre in the Middle East and Af…

Oil Price

Saudis Foresee Oil Price Spikes from Energy Transition Efforts

Saudi Arabia’s finance minister echoed warnings from the kingdom’s oil officials that a slowdown in fossil-fuel investment globally will cause spikes in energ…

Crude Oil

Saudi Arabia Will Supply Full Volumes To Asia

Saudi Arabia will supply full contracted oil volumes to most of its buyers in Asia.

Carbon Neutral

Dubai Supreme Council of Energy Discusses 2050 Carbon Neutrality Plan

Emirate plans to derive three quarters of its total power capacity from clean sources by 2050

OPEC

UAE and Saudi Arabia Commit to Expand Co-Operation in Energy Projects

The countries also commended Opec+ for its role in stabilising the oil market.

Natural Gas

Saudi Aramco, BlackRock Sign $15.5 billion Gas Pipeline Deal

Saudi Aramco said it has signed a $15.5 billion lease and leaseback deal for its gas pipeline network with a consortium led by BlackRock Real Assets and Hassana…

Nuclear Power Plant

Nesma Signs Deal for 'Potential' Saudi Nuclear Power Plant

Leading Saudi builder Nesma & Partners has announced that it has signed a MoU with French group Bouygues Travaux Publics to implement all civil and construction…

Hydrogen Project

ENGIE, Masdar to Establish a Giga-Scale Green Hydrogen Hub in the UAE

A new $5bn strategic alliance formed between ENGIE and Masdar will aim to establish a UAE-based giga-scale green hydrogen hub that will provide a significant bo…