Arab

Solar Power Plant

Solar Plant Starts Feeding Power to Oil Companies in Oman

Petroleum Development Oman, in which Royal Dutch Shell Plc and Total SA hold minority stakes, has begun receiving power from the Gulf Arab country’s largest ph…

Oil & Gas Trade

Russia Overtakes Saudi Arabia as the Largest Oil Exporter to China

Russia last month overtook Saudi Arabia as China's biggest supplier of crude oil, exporting 1.75m barrels a day to China on average, compared with Saudi Arabia'…

Solar Power Panel

International Collaboration Powers Quest for Next-Generation Solar Cells

A new generation of solar cells, made from wearable materials, can charge our devices on the move.

Saudi Wealth Fund Builds Stakes in Canadian Natural, Suncor

Saudi Arabia’s sovereign wealth fund built stakes in two major Canadian oil sands players during the energy market rout.

Oil & Gas Trade

Saudi Loss of China Oil Market Share Likely Brief

Saudi Arabia’s loss of oil market share in China last month to Russia and Iraq is likely to be fleeting, with analysts saying shipments from the kingdom to Asi…

Solar Power Plant

Construction of 700MW Noor Energy 1 CSP project in Dubai, UAE on Track

Construction of the 700MW Noor Energy 1 concentrated solar power (CSP) project in Dubai, United Arab Emirates (UAE) is progressing well despite limitations impo…

Oil & Gas Trade

Saudi Arabia Announces Additional Voluntary Reduction of Crude Oil Production

Saudi newspapers highlighted in their editorials today a number of issues at local, regional, and international arenas.

Oil Price

Oil Jumps After Saudi Arabia, UAE And Kuwait Pledge Deeper Cuts

Oil prices rose early on Tuesday after OPEC's Middle East heavyweights pledged additional cuts, instilling hopes in the market that further production reduction…

Crude Oil

Saudi Arabia to Cut June's Oil Production

Saudi Arabia's Energy Ministry has directed the national oil company Aramco to further reduce crude oil production for June by an additional 1 million barrels p…

Oil Price

Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk

At no time since Ibn Saud first consolidated his Arabian conquests into the Kingdom of Saudi Arabia in 1932 has the ruling Saud dynasty faced such an existentia…

Crude Oil

UAE Making Even Bigger Cuts To Oil Production Next Month

The United Arab Emirates will cut even more oil production in June, UAE Minister of Energy and Industry Suhail bin Mohammed Faraj Faris Al Mazrouei announced th…

Solar Power Plant

China's Silk Road Fund Closes 49% Stake Buy in ACWA Power RenewCo

China's Silk Road Fund has completed the purchase of a 49% stake in the renewable energy platform of Saudi Arabia's ACWA Power, the latter announced on Sunday.

Oil Price

Saudi Arabia Raises Oil Prices As Demand Recovers

Saudi Arabia’s oil giant Aramco raised the price for all its crude oil grades to all regions for June in a move that analysts see as the start of demand recove…

Oil & Gas Trade

Saudi Arabia Succeeds In Seizing Oil Market Share From Key Rivals

Saudi Arabia doubled its crude oil exports to China in April to the highest volumes since at least 2017.

Oil & Gas Trade

Saudi Arabia's Oil Exports to Drop in May as Demand Slides

Saudi oil exports are expected to fall to about 6 million barrels a day in May, the lowest in nearly a decade.