Arab

Crude Oil
Aramco Aims to Boost Production Capacity to 13 Million Bpd
The world’s largest oil company is looking to raise its production capacity by an extra million barrels per day.
Saudi Arabia
Saudi Aramco Still Aims for $15 Billion Investment in India’s Reliance
Saudi Aramco said it’s still working on a deal to buy a $15 billion stake in Reliance Industries Ltd.’s refining and chemicals business, even as lower oil pri…
Saudi Arabia
Oil Rises on Saudi Aramco's Upbeat Demand View
Oil prices climbed on Monday, supported by Saudi optimism about Asian demand and an Iraqi pledge to deepen supply cuts, although uncertainty over a deal to shor…
Saudi Arabia
Saudi Aramco Profit Collapses But Oil Giant Retains $75bn Dividend
State oil giant Saudi Aramco saw profit collapse nearly 75 per cent in the second quarter as the coronavirus pandemic decimated oil prices around the world.
Oil Price
Saudi Aramco Profit Drops 50% for First Half of the Year as Pandemic Batters Oil Price
Oil giant Saudi Aramco reported a 50% fall in net income for the first half of its financial year, reflecting a devastating year for oil markets and the global …
Oil & Gas Trade
U.S. Sends Crude Oil To World’s Top Exporter Saudi Arabia
The U.S. sent in June its first crude oil shipment to Saudi Arabia since the ban on crude export was lifted in 2015, which was also the first shipment since one…
United Arab Emirates
Abu Dhabi Plans to Construct New Projects in Energy Sector
Awaidha Murshed Al Marar, Chairman, Abu Dhabi Department of Energy (DoE), has said that encouraging investment in the energy sector is one of the department's s…
Nuclear Power Plant
UAE Announces Operation of First Arab Nuclear Power Plant
The United Arab Emirates announced the start-up operations of its first nuclear power plant in capital Abu Dhabi.
Market Analysis
Wind Industry Remained Resilient During COVID-19 Crisis
Despite major disruptions to production and assembly in the first semester, installation of new wind farms over the first half of 2020 was comparable to previou…
Solar Power Plant
Chinese Contractor to Build 900MW UAE Mega-Solar
Saudi developer ACWA Power has appointed Shanghai Electric as the engineering, procurement and construction (EPC) contractor for the 900MW fifth phase of the Mo…
Saudi Arabia
EWEC Announces Partners to Develop the World’s Largest Solar Plant
The Emirates Water and Electricity Company (EWEC), a leading company in the coordination of planning, purchasing and providing of water and electricity across t…
Saudi Arabia
MENA Fund to Increase Saudi Investments with Eye to Recovery
Middle Eastern fund managers plan to increase investments in Saudi Arabia in the current quarter, betting on the kingdom’s ability to bounce back from the coro…
Energy Storage Battery
Finding the Right Role for Battery Storage in the Middle East
Based in the United Arab Emirates (UAE), Dr Imran Syed is head of industrial power for Enerwhere, designing and implementing hybrid systems that use energy stor…
Solar Power Plant
EWEC Awards Contract for 2GW Solar Power Plant Project in UAE
The Emirates Water and Electricity Company has awarded a contract to a development consortium for a 2GW solar power plant located in the UAE.
Oil & Gas Trade
Saudi Oil Exports Down by Nearly $12 billion Year-on-year in May
The value of Saudi Arabia’s oil exports dropped by 65% year-on-year in May, or a fall of nearly $12 billion, official data showed on Thursday.

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Arab

Aramco Aims to Boost Production Capacity to 13 Million Bpd

Saudi Aramco Still Aims for $15 Billion Investment in India’s Reliance

Oil Rises on Saudi Aramco's Upbeat Demand View

Saudi Aramco Profit Collapses But Oil Giant Retains $75bn Dividend

Saudi Aramco Profit Drops 50% for First Half of the Year as Pandemic Batters Oil Price

U.S. Sends Crude Oil To World’s Top Exporter Saudi Arabia

Abu Dhabi Plans to Construct New Projects in Energy Sector

UAE Announces Operation of First Arab Nuclear Power Plant

Wind Industry Remained Resilient During COVID-19 Crisis

Chinese Contractor to Build 900MW UAE Mega-Solar

EWEC Announces Partners to Develop the World’s Largest Solar Plant

MENA Fund to Increase Saudi Investments with Eye to Recovery

Finding the Right Role for Battery Storage in the Middle East

EWEC Awards Contract for 2GW Solar Power Plant Project in UAE

Saudi Oil Exports Down by Nearly $12 billion Year-on-year in May