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Saudi Arabia
UAE’s Adnoc Agrees 15-Year LNG Supply Deal With Germany’s SEFE
Abu Dhabi National Oil Co. agreed to sell liquefied natural gas to Germany’s SEFE for 15 years starting 2028, a deal that expands the United Arab Emirates…
Saudi Arabia
Aramco Cuts Oil Prices to Asia for December After OPEC+ Delay
Saudi Arabia lowered oil prices for buyers in Asia for December after members of the OPEC+ producers group said they will push back production increases by one …
Crude Oil
Aramco Keeps World’s Biggest Payout With Saudi Finances Wobbling
The company, majority owned by the Saudi state, is keeping the world’s biggest payout despite increasing signs of stress on earnings. The outlook for oil …
Oil & Gas Trade
Saudi Arabia’s Wafi Energy Holding buys majority stakes in Shell Pakistan
Dubai: Saudi Arabia’s Wafi Energy Holding acquires a majority stake in Shell Pakistan following Shell Petroleum Co., a subsidiary of global Shell plc, com…
Photovoltaic （PV）
Saudi Solar Firm Plans Major Output Boost on Green Energy Push
A Saudi-based solar company is planning a massive jump in its production of panels and cells as the kingdom races to meet its ambitious renewable energy targets…
Decarbonization
ACWA Power Signs $1.7bn Finance And Energy Deals
Saudi utility firm ACWA Power is set to increase its capital by SR7.13 billion ($1.89 billion) as part of its strategy to triple assets under management by 2030…
Oil Price
Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production out
Storage tanks at the BP Plc Cherry Point Refinery near Blaine, Washington, U.S., on Friday, Nov. 19, 2021. Total U.S. oil stockpiles, including commercial inven…
Photovoltaic （PV）
Saudi Arabia’s 3.7 GW Solar Tender Attracts Lowest Bid Of $0.0129/kwh
Saudi Power Procurement Co. (SPPC) announced this week the shortlisted bidders for the final phase of the fifth round of the Saudi Arabian government's Nati…
Oil & Gas Trade
SUBSEA7 Employs New Installation Method at Aramco’s Giant Offshore Oil & Gas Project (Gallery)
Luxembourg-domiciled Subsea7 has used tugs and soft mooring lines connected to a jacket for barge docking for the first time without the deployment of anchors o…
LNG
‘Largest LNG Port in Europe’ Gets Methane Emissions Certification
MiQ has audited a liquefied natural gas (LNG) plant operated by the National Grid Grain LNGGlobal non-profit methane emissions certification provider MiQ has au…
Saudi Arabia
Gensol Engineering Wins Order for Rooftop Solar Project in Dubai
rooftop solar project in DubaiGensol Engineering has been awarded a prestigious contract by UAE's leading sustainable development and clean energy developme…
Solar Cell
Chinese PV Industry Brief: Tongwei Secures 1.17 GW Order in Saudi Arabia
Image: Tongwei SolarTongwei has landed a 1.17 GW solar panel order for Saudi Arabia’s Muwahy project, led by ACWA Power.Tongwei has signed a supply agreem…
Oil Price
Oil prices slide 3% on prospect of more OPEC+ oil
A view shows Atyrau Oil Refinery owned by Kazakhstan's state energy company KazMunayGas in the city of Atyrau, Kazakhstan, November 15, 2023. REUTERS/Turar …
Oil & Gas Trade
Saudi Aramco Wants to Be a Major LNG Gas Player, Gas Chief Says
The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier/File Photo Purchase Licensing RightsThe wo…
Green Hydrogen
Energy Companies Partner on Green Hydrogen Production in Finland
Green hydrogen is produced by running an electric current produced by renewable sources through electrodes in water, separating water into hydrogen and oxygen. …
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