Audi

Crude Oil

U.K. PM Visits Saudi Arabia to Find Alternative to Russian Oil

U.K. Prime Minister Boris Johnson has arrived in Saudi Arabia, hoping to discuss boosting oil production to counter Russia's influence on oil prices.

Crude Oil

Russia Could Lose 30% of its Oil Output Within Weeks, IEA Warns

Russia could soon be forced to curtail crude oil production by 30%, subjecting the global economy to the biggest supply crisis in decades — that is, unless Sau…

PV Moisture-Wicking Tech Gives New Meaning to “Solar Farm”

Researchers at Saudi Arabia’s King Abdullah University of Science and Technology now report a more sustainable and low-cost solution to produce enough water fr…

Crude Oil

Saudi Considering China’s Yuan for Oil Purchases

Saudi Arabia and China have been growing closer for years, and the news comes at a time of frustration among Gulf states with the US.

United Kingdom

UK Prime Minister Johnson to Visit Saudi Arabia for Oil and Gas Talks

Boris Johnson will meet Crown Prince Mohammed bin Salman on Tuesday in a bid to have oil and gas production boosted.

Crude Oil

Aramco Takes FID to Build Refinery and Petrochemical Complex in China

Saudi Arabian Oil Company (Aramco) has taken the final investment decision (FID) to develop a refinery and petrochemical complex in China, in partnership with N…

Saudi Arabia

Riyadh Oil Refinery Attacked by Drone, Supplies Unaffected

A refinery in Saudi Arabia's capital, Riyadh, was attacked by a drone on Thursday morning but petroleum supplies were not affected.

Solar Technology

Solar and Spinach Could Offer Low Carbon Path for Crop Yields in Deserts

New solar technology maximises electricity generation and boosts crop production.

Crude Oil

Ukraine Crisis Provides 'Renewed Focus' on Gulf Hydrocarbons

Saudi Arabia, Qatar and UAE are all set to capitalise on the realignment of global energy and Europe's diversification of Russian energy supplies.

Oil Price

UAE, Saudi Arabia Decline Talks with Biden amid Oil Price Surge

Crown Prince Mohammed bin Salman of Saudi Arabia and Sheikh Mohammed bin Zayed declined requests for direct communication with President Biden in recent weeks.

Saudi Arabia

Saudi Arabia Signs Power Purchase Agreements for Solar Projects Worth $665m

​Saudi Arabia has awarded contracts for two new solar projects with a combined capacity of one gigawatt as the kingdom continues to add renewable energy to its…

SINOPEC

Saudi Aramco Signs Agreement with China’s Sinopec for Potential Downstream Collaboration

World’s largest oil exporting company aims to expand its operations in China.

Oil Price

ADNOC’s Murban Cude OSP Rises to $93.99/b for April as Market Tightens

Abu Dhabi National Oil Co. hiked the April official selling price for its flagship Murban crude oil by more than 10% from March, with Middle East crudes seeing …

Oil Field

Adnoc Awards $227m Contract for Enhanced Recovery at Bab Oilfield

The deal will help to boost recoverable reserves by up to 70% and will unlock additional barrels of Murban crude

Oil Price

Saudi Aramco Raises April Crude OSPs to Asia, Europe, US

Saudi Aramco raised official selling prices across the board for April-loading cargoes, with Asia-bound barrels seeing the largest increases between $2.15/b and…