The middle east

SAF

COP28: Lootah Biofuels, Fathopes Energy Sign Deal to Enhance SAF Supply, Distribution

Lootah Biofuels and FatHopes Energy signed an agreement at the COP28 summit to advance production and distribution of sustainable aviation fuel in the Middle Ea…

Electric Vehicles

NEOM Invests US$100M in pony.ai to Activate Autonomous Vehicles in Neom and Across the Middle East; New JV

NEOM, the smart and sustainable regional development in northwest Saudi Arabia, is investing US$100 million, through the NEOM Investment Fund (NIF), into Pony.a…

Oil & Gas Trade

Oil Surges Nearly 6% After Israel Begins Ground Raids Into Gaza

Oil prices leapt nearly 6% on Friday, with Brent posting its highest weekly gain since February, as investors priced in the possibility that the conflict in the…

Liquid Hydrogen

Oman Welcomes World's First Liquefied Hydrogen Vessel Suiso Frontier

At Sultan Qaboos Port, Oman has received the first liquefied hydrogen carrier ship Suiso Frontier as part of the Japanese tanker’s regional tour in the Mi…

Carbon Emissions

Research Finds Sustainable Aviation Fuel Is Not a Silver Bullet for the Industry’s Colossal Climate Woes

The global airline industry is fast recovering from the unprecedented pause to flying imposed by COVID-19. In some parts of the world, such as the Middle East, …

Natural Gas

Middle East Natural Gas Output to Rise More Than 19 per Cent by 2030, Wood Mackenzie Says

Rising exports from the region will have a 'game-changing' effect on global gas markets, consultancy saysIn February, Adnoc delivered the first LNG carg…

Solar Tracker

Arctech Bags 1.5GW Solar Tracker Supply Deal for Major Saudi Project

Arctech said the deal marked the company’s first solar tracking and racking project in the country and a milestone in its increasing presence in the Middl…

United States

Why America’s ‘energy dominance’ waned in the Middle East

Dynamics changed with 2003 Iraq war, boosted US shale production and increased role of Opec and ChinaThe Nihran Bin Omar oil field flare stacks burn north of Ba…

Hydrogen Production

Hynfra and Amarenco Mena Form Strategic Partnership to Produce Hydrogen and Ammonia in Mena Region

Poland-based Hynfra has signed a framework cooperation agreement with Amarenco MENA, a major developer of renewable energy projects in the Middle East and North…

Nuclear Power Plant

Bertin Technologies and Al Masaood Group Announce Strategic Partnership to Support UAE Nuclear Industry

The partnership will bring together Bertin Technologies’ expertise in the nuclear field with Al Masaood’s know-how and extensive network in the Midd…

Oil & Gas Trade

Dana Gas Reports 53% Rise in 2022 Adjusted Net Profit on Higher Oil Prices

The Khor Mor gas complex, operated by Crescent and Dana Gas, in the Kurdistan Region of Iraq. Photo: Crescent PetroleumDana Gas, one of the largest private natu…

Hydrogen Production

ACWA Power, Austria-Based Electricity Firm to Develop Green Hydrogen

The green hydrogen to be generated will be used by Verbund.ACWA Power signed a memorandum of understanding with Verbund, an Austria-based electricity firm, to e…

Natural Gas

Oman to Set Up Integrated Company to Manage Natural Gas Assets

Move is expected to improve the Gulf country's economic indicatorsOman, the largest non-Opec producer in the Middle East, expects to post a budget deficit i…

ADNOC, Petronas Sign Abu Dhabi Unconventional Oil Resources Deal

Abu Dhabi National Oil Company (ADNOC) and Malaysia's Petroliam Nasional Berhad (Petronas) on Monday signed a deal awarding the first concession in the Middle E…

Oil Price

High Oil Prices Ignite the Middle Eastern IPO Market

Initial public offerings in the Middle East have flourished this year thanks to higher prices that have seen increased investor interest in the region.