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Arab
Oil Price
Oil Prices Dive as Saudi Arabia Takes Aim at Russian Production
Russia on Friday rejected an agreement with OPEC on cuts in oil supplies to bolster prices.
Oil & Gas Trade
Saudi Arabia to up Oil Production after Opec Deal Falls Through
World’s largest oil exporter Saudi Arabia is planning to ramp up production to nearly 11m barrels a day in April after the three year alliance between oil cart…
Oil & Gas Trade
OPEC+ Stuck Yet Again as Saudi Arabia and Russia Disagree on Output Cuts
The OPEC+ found itself stuck yet again, after a day of talks that ended with its two most important members split over whether they should deepen production cut…
Oil & Gas Trade
Saudis Lobby for Million-Plus-Barrel OPEC Cuts, Extending Oil’s Gains
Oil rose for a third day after Saudi Arabia pushed for a deeper output cut than OPEC’s technical committee recommended a day earlier.
Saudi Economy Grows just 0.3% in 2019 as Oil Sector Shrinks
Saudi Arabia’s economy grew by a weaker-than-expected 0.3% in 2019 as the oil sector contracted sharply, official data showed on Sunday, although the non-oil s…
Supply and installation project of Farnicharab
Tenders are invited for Supply and installation project of Farnicharab
Work on Mambilla Hydropower Project Now Set to Start
The Mambilla facility, complex of dams on the Donga River in the eastern Taraba state, will produce 3,050 MW, equivalent to a quarter of Nigeria’s current inst…
Oil&Gas Drilling
Saudi Aramco Announces Regulatory Approval of Al-Jafurah Gas Field
Saudi Aramco on Saturday announced the regulatory approval of the development of the Al-Jafurah unconventional gas field in the Eastern Province, the largest no…
Nuclear Power Plant
Fuel Loading Begins at UAE’s Barakah Nuclear Plant
The United Arab Emirates on 19 February began loading the first nuclear fuel rods into the reactor at unit 1 of its Barakah nuclear power plant.
Nuclear Power Plant
The UAE OKed to Operate 1st Nuclear Power Plant
The United Arab Emirates independent nuclear regulator Monday issued the operating license for Unit 1 of the country’s $24.4 billion Barakah Nuclear Power Plan…
Nuclear Power Plant
UAE Issues Operating Licence for Arab world’s First Nuclear Plant
The UAE Federal Authority for Nuclear Regulation (FANR) has issued a 60-year-long operating licence for Unit 1 of the Baraka nuclear power plant, the first nucl…
Oil & Gas Trade
Kuwait, Saudi Arabia Start Trial Oil Pumping from Divided Zone: Kuwait Minister
Kuwait and Saudi Arabia will start trial oil production from the jointly-operated Wafra and Khafji oilfields on Sunday, Kuwait’s oil minister said.
Solar Power Plant
Abu Dhabi Island to Host Nation’s First Floating Solar Power Plant
The United Arab Emirates’ first floating solar power plant will start producing electricity off the tiny resort island of Nurai within days.
Oil & Gas Trade
Kuwait and Saudi Arabia Start Work to Resume Oil Output from Khafji – Sources
Kuwait and Saudi Arabia have started preparation work to resume crude oil production from the al-Khafji oilfield jointly operated by the two countries, with ini…
Nuclear Power Plant
UAE Nuclear Power Plant’s First Reactor Ready for Operation
The first reactor at the United Arab Emirates’ Barakah Nuclear Energy Plant passed a milestone assessment needed to begin operations, UAE state news agency WAM…
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