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India
India Turns to OPEC Nations Saudi, UAE for Oxygen
He said state-owned Indian Oil Corporation and gas utility GAIL will be arranging for logistics to transport the oxygen
Oil Price
Saudi Arabia Could Slash Deficit To Below 5% Of GDP At $60 Oil
The world’s largest oil exporter, Saudi Arabia, could see its budget deficit drop to below 5 percent of gross domestic product this year if oil prices average …
Major Chinese Investors Could Buy Stake In Aramco
Major Chinese investors, including the sovereign wealth fund China Investment Corporation and Chinese national oil companies, are the ones looking to buy a stak…
Energy Investment
Oilfields Supply Center Makes $570 million Investment in King Salman Energy Park Energy Hub
Oilfields Supply Center Limited has awarded a contract to construct its OSC base in the Kingdom.
Microgrid
Saudi Arabia’s Desert Technologies To Fund Solar Projects In Nigeria
Despite being the leading economy on the African continent in terms of GDP, the installed electrical capacity in Nigeria does not exceed 12,522 MW, as only 36 p…
Oil Field
L&T Secures Contract to Build Large Oil & Gas Supply Bases in Saudi Arabia
The company said that the project involves constructing industrial facilities of different sizes, an administration building, ancillary buildings, associated in…
China
Xi Says China to Work with Saudi Arabia to Build Fair Climate Governance Regime
Chinese President Xi Jinping said on Tuesday that China is willing to work with Saudi Arabia and other members of the international community to build an equita…
Crude Oil
China Cuts Saudi, Russia Crude Imports in March
China imported less crude from top suppliers Saudi Arabia and Russia in March compared to a month earlier, while boosting arrivals from Brazil and the UAE, cust…
Wind Power Project
Hidrostank Deploys Innovative Solutions at Saudi Wind Farm
Hidrostank, a leading Spanish company supplying building materials for civil works, said it had recently delivered innovative modular pullboxes for the Dumat Al…
Oil&Gas Drilling
Aramco Resumes Work on Offshore Oil Capacity Expansion
State-controlled Saudi Aramco has resumed development work on three offshore crude expansion projects that will provide an additional 1.15mn b/d of capacity by …
Saudi Arabia
Samsung Engineering Wins a Petrochemical Plant Project in Saudi Arabia
Samsung Engineering announced on April 14 that it has signed a US$650 million contract with a Saudi Arabian petrochemical company to build a profane dehydration…
Solar Power Plant
Saudi Arabia Officially Launches First Utility-Scale Renewables Project
Saudi Arabia-based multinational energy company ACWA Power has inaugurated what is claimed to be the country’s first utility-scale renewable energy plant.
Oil Price
The $7 Trillion Reason Saudi Arabia Is Cutting Oil Production
Strict production discipline by OPEC and its partners is the #1 reason why oil prices have managed to stage a remarkable recovery and stay relatively high after…
Wind Turbine
Work At The Middle East’s Largest Wind Farm In Saudi Arabia Reaches 50% Completion
Consortium led by EDF Renewables and Masdar is delivering the 400 MW Dumat Al Jandal utility-scale wind farm project in Saudi Arabia
Solar Power Plant
Final Project Agreements on 200MW Kom Ombo PV Plant in Egypt Signed
Saudi developer and investor ACWA Power has finalised the project agreements for the 200MW Kom Ombo PV plant in Egypt.
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