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Arab
Solar Power Plant
Aramco Company Joins $900MM+ Solar Project
ACWA Power has revealed that Saudi Aramco Power Company, a fully owned company of Saudi Aramco, has joined the Sudair Solar plant consortium.
Market Analysis
Middle East Stalls Conventional Power Contracts in Favour of Renewables
Renewable energy project contract awards in 2021 have eclipsed deals for conventional power plant projects in the Middle East as the region’s energy diversific…
Hydrogen Project
Plans Unveiled for Major Green Hydrogen and Green Ammonia Development in the UAE
The development of a new green hydrogen and green ammonia project is being explored in the United Arab Emirates.
Hydrogen Project
TAQA Arabia Signs Green Hydrogen MoU with MAN Energy Solutions
MAN Energy Solutions has signed a Memorandum of Understanding with TAQA Power, TAQA Arabia’s Power Subsidiary – based in Cairo, Egypt – regarding a pilot pro…
Solar Power Plant
Saudi Aramco Joins Local 1.5 GW Solar Project with a 30% Stake in Renewables Push
Saudi Aramco is investing, alongside the country's sovereign wealth fund and Riyadh-based ACWA Power, in the oil exporter's largest solar project with a capacit…
Oil Price
Aramco Posts Nearly 300% Leap in Second-Quarter Profit as Oil Demand Recovers
Saudi state oil giant Aramco reported a stunning 288% increase in net income to $25.5 billion for the second quarter, while maintaining its dividend of $18.8 bi…
Wind Farm
Saudi Arabia’s First Wind Farm Begins Electricity Production
Dumat al-Jandal, the region’s largest wind farm, has been connected to the grid and began producing carbon-free electricity.
OPEC
Opec+ Adds Around 700,000 b/d in July
The Opec+ group added 680,000 b/d to its crude output last month, boosted by higher quotas and the end of Saudi Arabia's extra cut.
Oil Price
Saudi Aramco Hikes Oil Prices to Asia for Second Consecutive Month
The pricing of Saudi crude oil generally sets the trend for the pricing for Asia of other Gulf oil producers such as the United Arab Emirates, Kuwait, Iraq, and…
Hydrogen Fuel Stations
PowerTap Eyes over 100 Hydrogen Stations in Middle East in Two Years
Plans are part of PowerTap’s recent partnership with Viridian Hydrogen UAE to help establish a hydrogen ecosystem in the UAE and throughout the Middle East.
Solar Power Plant
World’s First Solar/Thermal Energy Storage-Powered Project to Extract Water from Air at Masdar City
The world’s first project to produce commercial volumes of an uninterrupted water supply from a sustainable source will launch this month in Masdar City in Abu…
Nuclear Power Plant
Federal Authority for Nuclear Regulation Reviews Barakah Nuclear Power Plant Progress
The Board of Management of the UAE’s Federal Authority for Nuclear Regulation was briefed on the latest updates of the four units of the Barakah Nuclear Power …
Oil Price
Saudi Arabia's Oil Exports Climb 147 per cent to $16 billion in May
The value of Saudi Arabia's oil exports in May increased 147 per cent to just over 60 billion riyals from a year earlier while non-oil exports rose by 70 per ce…
Oil & Gas Trade
Value Of Saudi Oil Exports Jumps 147% In May
Higher oil prices and higher exports resulted in a 147-percent jump in the value of Saudi Arabia’s oil exports in May 2021 compared to May 2020。
Substation
DEWA Inaugurates Three New Substations
Dubai Electricity and Water Authority has commissioned three new substations with a conversion capacity of 450 megavolt-amperes.
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