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Crude Oil
UAE Projects a Gradual Oil Demand Recovery in 2021
The United Arab Emirates is optimistic about a recovery in oil demand in 2021, but says it won’t be immediate.
Saudi Arabia
Aramco and Cognite Establish JV to Accelerate Industrial Digitalization
Aramco and Cognite will establish a new company that will focus on digitalization in Saudi Arabia and the broader Middle East and North Africa region.
Crude Oil
OPEC+ Plans To Meet More Frequently To Discuss Oil Market Balancing
OPEC+ will take a more hands-on approach to global oil markets now that it plans to meet more frequently, citing the leaders of the group, Saudi Arabia and Russ…
Solar Power Plant
EGYPT: EBRD Lends $4.2m for a 6 MWp Solar Power Plant at Dina Farm
The European Bank for Reconstruction and Development is approving a $4.2m loan for Taqa PV for Solar Energy, Taqa Arabia's renewable energy subsidiary.
Solar Power Plant
Azelio Reaches Major Milestone By Winning Its First Commercial Order From Dubai
The storage unit will be part of a system in the fourth phase of one of the world’s largest solar parks, the Mohammed Bin Rashid Al Maktoum Solar Complex in Du…
Nuclear Power Plant
First UAE Nuclear Reactor Reaches Full Power
Barakah unit 1 has reached 100% power and is now generating 1400 MW of electricity, the Emirates Nuclear Energy Corporation has announced today.
China
OIL & GAS 50 2020 RANKING
Shell retains title of world’s most valuable oil & gas brand, brand value up 12% to US$47.5 billion.Saudi Aramco is new entrant in ranking taking second positi…
Biofuel
Uniper Energy Dubai & Neutral Fuels Join Forces to Deliver Maritime Biofuel in Fujairah
Uniper Energy DMCC (UED) and Neutral Fuels have announced that they will collaborate to provide maritime biofuel in Fujairah, UAE.
Solar Power Plant
Dubai Inaugurates 800MW PV
Phase three of the Mohammed bin Rashid Al Maktoum Solar Park is part of a larger complex totalling 5GW
United Arab Emirates
Adnoc Makes 22bn Barrel Unconventional Find – Producing 5mn bpd by 2030
Adnoc has made an unconventional discovery of 22 billion stock tank barrels onshore, Abu Dhabi’s Supreme Petroleum Council has said.
Saudi Arabia
Saudi Arabia Seeks to Become Top Hydrogen Exporter
The world’s biggest oil exporter has set its sights on also becoming the largest supplier of hydrogen, a fuel seen as pivotal for curbing climate change.
Oil & Gas Trade
CNOOC China Awards LNG Contract to Aramco Trading
China National Offshore Oil Corp has awarded a tender to buy liquefied natural gas from the trading arm of oil giant Saudi Aramco in Singapore through the Shang…
Crude Oil
Crude Oil Pares Losses After UAE Reassures on OPEC Commitment
Crude oil prices were down fractionally in early trading in New York on Thursday, paring earlier losses after the United Arab Emirates rebutted reports claiming…
Nuclear Power Plant
Barakah 1 Reaches 80% Power
Unit 1 of the Barakah nuclear power plant in the United Arab Emirates has achieved 80% of its rated power capacity, Nawah Energy Company and Korea Electric Powe…
Energy Investment
Canada and Saudi Arabia Lead Fossil Fuels Funding in G20
The average annual support to fossil fuels in G20 between 2017 and 2019 fell only by 9 percent compared to the previous three-year period 2014-2016.

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