Arab

Hydrogen Project

Aramco Unveils Major Hydrogen Partnerships with Gaussin and Air Liquide

Saudi Arabian oil company Aramco has unveiled two agreements with French-based Air Liquide and Gaussin that will see the companies explore hydrogen technologies…

Oil Price

Saudi Arabia Hikes Oil Prices Despite Omicron Fears

Arab Light will next month sell for $0.60 more per barrel than it does this month for buyers in Asia

Oil Field

Aramco awards $10B in Contracts for Vast Jafurah Shale Gas Field Development

In late November, the Saudi Arabian Oil Company announced the start of development of the vast Jafurah unconventional gas field, the largest non-associated gas …

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