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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 …
Solar Technology
Renewable Energy Device Produces Solar Power and Clean Drinking Water
A team of researchers from Saudi Arabia’s KAUST (King Abdullah University of Science and Technology), have developed a device that generates both clean drinkin…
Solar Power Plant
Largest Solar Power Plant in the World Switches on in Abu Dhabi
The world’s largest solar power plant with a capacity of 1,177 megawatts (MW) is now operational in Abu Dhabi. Thisrenewable project in the United Arab Emirate…
Oil & Gas Trade
Iran Warns 'unilateralism' between Saudi Arabia and Russia could Lead to the Death of OPEC
Iranian Oil Minister Bijan Zanganeh believes "unilateralism" among some OPEC members could ultimately lead to the death of the Middle East-dominated producer gr…
Oil & Gas Trade
India Stops Buying Iran Oil
Iran was the third largest supplier of crude to India, behind only Iraq and Saudi Arabia, but after the sanctions waiver granted to India in November expired la…
Oil & Gas Trade
The Oil Crisis Saudi Arabia Can't Solve
In reality, Aramco will not be able to keep the necessary crude oil and products volumes flowing to Asian and European markets in the case of a full Strait of H…
China's Silk Road Scoops up 49% Stake in ACWA Power Holding
China has made a strategic play for Middle Eastern renewables, securing a large minority stake in one of the region’s key developers.
Hyundai Motor and Saudi Aramco to Collaborate on Hydrogen Advanced Non-Metallic Materials and Future Technologies
Hyundai Motor Company signed a memorandum of understanding (MOU) with Saudi Arabian Oil Company (Saudi Aramco).
Solar Power Plant
China's Silk Road Scoops up 49% Stake in ACWA Power Holding
China has made a strategic play for Middle Eastern renewables, securing a large minority stake in one of the region’s key developers.Beijing’s Silk Road Fund …
Nuclear Policy
US Approves Companies' Nuclear Work in Saudi Arabia
Prince Mohammed has warned that the Saudis will pursue nuclear weapons if their arch-rival Iran obtains them.
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