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Arab
Crude Oil
Opec+ Agrees to Continue January Oil Output Increase Amid Omicron Uncertainties
The producers' group, led by Saudi Arabia and Russia, will bring 400,000 barrels per day to the market next month as planned
Natural Gas
Samsung Engineering Secures US$1.23bn Gas Development Project in Saudi Arabia
Samsung Engineering announced on Dec. 1 that it has signed a US$1.23 billion contract with Saudi Aramco for the Jafurah Gas Process Package #1 Project.
Natural Gas
Hyundai Engineering Consortium Wins KRW2tr Gas Plant Project in Saudi Arabia
Hyundai Engineering announced on Nov. 30 that it has won a super-large gas plant construction project worth about 2 trillion won from Saudi Arabia’s state-run …
Crude Oil
Saudi Arabia May Raise January Oil Prices to Asia
Top oil exporter Saudi Arabia may raise crude prices for Asia in January following large gains in the Middle East spot market last month
Oil Field
Aramco Awards Contracts Worth $10bn to Develop Giant Jafurah Gas Field
The company plans to invest more than $100bn to develop the field that will make Saudi Arabia one of the world’s largest natural gas producers
Energy Investment
UAE to Invest in Renewable Energy Projects of 3 GW in Turkey
The United Arab Emirates’ sovereign investment fund ADQ inked a strategic cooperation agreement with the Turkish Presidency Investment Office that includes 3 G…
Oil & Gas Trade
Saudi Retains Top Spot Among China Oil Suppliers
Saudi Arabia has remained China’s number-one crude oil supplier.
Energy Saving
Abu Dhabi’s ADES Begins Phase 1 of SEHA Retrofit Project
ADES will ensure lighting replacements, install absorption coolers, upgrade chiller units, insulation systems, and voltage reduction systems
Hydrogen Technology
UAE, Russia to Bolster Hydrogen Prospects with New Agreement
The United Arab Emirates and Russia will bolster industrial collaboration in the field of hydrogen fuel technology to boost domestic decarbonisation with the si…
Oil Pipeline
Israel Energy Minister Says UAE Oil Pipeline should be Cancelled
Opposition from environmental groups has forced the Israeli government to reconsider one of its biggest deals with the UAE.
Hydrogen Project
Khaled bin Mohamed bin Zayed Launches Global Green Energy Venture to Position UAE at Forefront of Energy Transition
H.H. Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office, and Chairman of the E…
Crude Oil
Adipec 2021: Adnoc to Invest $6bn in drilling as it boosts crude oil production capacity
More than $1.8bn worth of Drilling-Related Equipment will be Made in the UAE
Crude Oil
Opec+ Brought Stability to Oil Markets Through Its Policies, Saudi Energy Minister Says
The group delivered ‘more sustainability and more predictability’ to energy markets
Crude Oil
Russia And Saudi Arabia See Oil Oversupply In 2022
“Everybody is predicting a surplus of supply starting from the first or second quarter,”
Energy Technology
Schneider Electric Unveils Technologies for Energy Sector at ADIPEC 2021
Schneider Electric will be showcasing a range of technologies that can help energy companies become both more efficient and sustainable at this year’s ADIPEC 2…
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