Arab

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.

Oil & Gas Trade

Saudi Arabia and Iraq Agree to Intensify OPEC Cooperation

The ceiling compares with Iraq’s actual production of over 4 million bpd in April.

Oil Shale

ADNOC Delivers First Shale Gas from the UAE

The UAE has delivered its first unconventional gas as it takes a step closer to becoming self-sufficient in the energy feedstock.

Oil & Gas Trade

OPEC Would Miss 'Friend Trump', Wary of Strains Under Biden

Biden could modify U.S. diplomatic relations with three members of OPEC - de facto leader Saudi Arabia, and sanctioned countries Iran and Venezuela, as well as …

Oil & Gas Trade

Saudi Gas Production Jumps To Record

Saudi Arabia produced a record volume of natural gas earlier this year, the Kingdom’s state oil giant Aramco said in its Q3 results release on Tuesday.

Energy-Eficient Building

Hira Industries To Build Mega Solar Plants At Its Head Office

Hira Industries’ head office and warehouse will be equipped with 460 solar panels to generate 340,000 kilowatt-hours of clean energy.

Solar Power Plant

Sudan, UAE Sign MoU to Construct Solar Energy Plants with a Capacity of 500 MW

Sudan and the United Arab Emirates signed a Memorandum Of Understanding for the construction of solar energy plants with a capacity of 500 megawatts.

Market Analysis

UAE Unveils $1.7bn Sustainability Initiatives for Dubai

United Arab Emirates unveiled its new environmental and sustainability initiatives worth AED6.6bn in Dubai.

Oil Price

UAE Cuts 2021 Federal Spending by 5.3% on Low Oil Prices, COVID-19

The UAE, OPEC's third largest producer, lowered its federal spending for 2021 by 5.3% after a record budget this year, the government said Nov. 1, as low oil pr…

Nuclear Fuel

Nuclear Fuels The Future

In August, the Arab world’s first nuclear power station began to dispatch electricity into the power grid of the United Arab Emirates.s.

Crude Oil

OPEC Members Rebel Over Production Cut Extension

Iraq, the United Arab Emirates, and Kuwait - the biggest OPEC producers behind Saudi Arabia – are reportedly not particularly inclined to support a rollover of…

Microgrid

Al Masaood Power Introduces Smart Microgrid Solutions During First Ever Virtual Edition Of WETEX

Use of microgrids is part of the UAE Energy Strategy 2050.