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Oman
The Sultanate of Oman occupies the south-eastern tip of the Arabian Peninsula. The total area is approximately 309,500 km2 and it is the third largest country i…
Nuclear Power Plant
Saudi Arabia Wants to Enrich Uranium for its Nuclear Power Program
Saudi Arabia wants to enrich uranium for its nuclear power program, its energy minister said on Monday, potentially complicating talks with Washington on an ato…
Oil & Gas Trade
Saudi Arabia´s New Energy Minister Reportedly Endorsed Curbing Oil Output
Saudi Arabia´s new energy minister Prince Abdulaziz bin Salman on Monday reportedly endorsed curbing oil output to address an oversupply, as major producing na…
Solar Power Plant
A Ground-Mounted Solar Project Billed as Saudi Arabia's Largest
A ground-mounted solar project billed as Saudi Arabia's largest to date has reached the finish line, and is now set to power the operations of a food and bevera…
Pumped Energy Storage
DEWA Invest $391 Million For A 250-MW Pumped-Storage Project in Dubai
The Dubai Electricity and Water Authority (DEWA) has awarded a Dh1.437 billion ($391 million) construction contract for a 250-MW hydropower project in the Unite…
Oil&Gas Drilling
OPEC Oil Production Dips on , Saudi Arabia, Nigeria, Others' Cuts
The Organisation of Petroleum Exportig Countries (OPEC’s) crude oil production fell by another 246,000 barrels per day (bpd) last month compared to June.
Oil & Gas Trade
Russia to Leapfrog Saudi in Wealth League as Oil Power Shifts
For the first time in eight years, the Bank of Russia’s total stockpile of cash, gold and other securities is about to surpass Saudi Arabia’s, highlighting th…
Oil & Gas Trade
Saudi Arabia Is Exporting Ever-Larger Portion Crude to China -- With the U.S. Losing Out
Saudi Arabia’s observed exports to China soared to 1.74 million barrels a day in July, the highest since Bloomberg began tracking the tanker shipments in Janua…
Nuclear Power Plant
US Wants to Bypass Russia and China to Help Saudis Create Civil Nuclear Programme
Saudi Arabia, which seeks to expand its energy portfolio, has been engaged in talks with Washington over a bilateral nuclear cooperation agreement that would al…
Solar Technology
Production Line for Solar Keymark-Certified Parabolic Trough Collectors
The new production line for the T160 is meant to serve as a showcase for the company’s capabilities, since Absolicon’s ultimate goal is to sell production lin…
Oil & Gas Trade
Saudi Arabia is Looking to Raise the Capacity of its East-West Oil Pipeline to 7 Million Bpd
Saudi Arabia, the world’s top crude oil exporter and the largest oil producer in OPEC, is one of the few oil producers in the Middle East that have some altern…
Tanzania: Stiegler's Gorge Hydroelectric Dam Construction Begins Today
The Tanzanian government plans to start construction of the Stiegler's Gorge hydroelectric dam on Friday, July 26, 2019. The work will be carried out by the Egy…
Crude
The Extension of the OPEC+ Oil Production Cuts will Impact the Economies of Arab
The extension of the OPEC+ oil production cuts into 2020 will impact the economies of the key Arab oil producers, according to a quarterly Reuters poll of 30 ec…
Offshore Wind Power
A Floating Offshore Wind Farm Was Built by Saipem in Saudi Arabia
Saipem can start operations after finalisation of the financial agreements at the end of the planning phase, following which the contract will be signed for Sai…
Crude
To Avoid Excess Stock Buildup, Saudi Oil Output to Remain Below 10 mil b/d
Saudi Arabia's oil production will remain below 10 million b/d through August and its exports will stay under 7 million b/d to avoid excess stock buildup in an …
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