The middle east

Electricity Trade

Oman Launches First Middle East Electricity Spot Market

Oman has formally launched an electricity spot market, the first in the Middle East, to increase the efficiency of power procurement, the state news agency said…

Hydrogen Project

POSCO to Promote Hydrogen Business with Saudi Sovereign Wealth Fund

POSCO and Samsung C&T’s Construction Business Division will push forward with the green hydrogen production business with the Public Investment Fund of Saudi A…

Power Cable

Prysmian to Work on First Middle East Subsea Transmission System

Prysmian has entered into a Limited Notice to Proceed for the supply of power cables for what is said to be the first-of-its-kind high-voltage, direct current s…

Solar Power Plant

Largest Solar-Powered Data Centre in ME & Africa Breaks Ground

The digital arm of the Dubai Electricity and Water Authority broke ground for the first phase of the largest solar-powered data centre in the Middle East and Af…

Crude Oil

Saudi Arabia May Raise January Oil Prices to Asia

Top oil exporter Saudi Arabia may raise crude prices for Asia in January following large gains in the Middle East spot market last month

Electric Car

Lucid Motors Plans Factory in China

On Tuesday EST, Peter Rawlinson, CEO of Lucid Motors, an American electric vehicle company, told CNBC that the company is planning to build factories in the Mid…

Energy-Eficient Building

Saudi Startup Joins in National Efforts Promote Green Building

As global leaders converge at the Middle East Green Initiative Summit on Oct. 25, the focus will be on new ideas and proposals to replace the wasteful and pollu…

HVDC

First-Ever Large-Scale HVDC Interconnection to Be Bulit in the Middle East and North Africa

The groundbreaking intercontinental link will enable the Kingdom of Saudi Arabia and the Arab Republic of Egypt to exchange electricity, increase grid resilienc…

HVDC

Hitachi ABB Power Grids Consortium Awarded Contract for First Ever Large-scale HVDC Interconnection in Middle East and North Africa

Hitachi ABB Power Grids has announced that it is the lead in a consortium that has been awarded a major contract for the first ever large-scale HVDC interconnec…

Carbon Emissions

Saudi Arabia to Launch Emissions Exchange

Saudi Arabia has announced plans to launch a voluntary trading platform for carbon offsets and credits in the Middle East and North Africa region.

Wind Farm

Largest Wind Farm in the Middle East Produces Electricity

Dumat Al Jandal, the largest wind farm in the Middle East, has been successfully connected to the grid in Saudi Arabia and has started producing electricity to …

Market Analysis

Middle East Stalls Conventional Power Contracts in Favour of Renewables

Renewable energy project contract awards in 2021 have eclipsed deals for conventional power plant projects in the Middle East as the region’s energy diversific…

Hydrogen Fuel Stations

PowerTap Eyes over 100 Hydrogen Stations in Middle East in Two Years

Plans are part of PowerTap’s recent partnership with Viridian Hydrogen UAE to help establish a hydrogen ecosystem in the UAE and throughout the Middle East.

Oil Price

Video: OPEC Deadlock That Drove Oil Prices Up Finally Resolved, Will Petrol And Diesel Prices Fall?

​Standoff due to economic rivalry among oil-rich countries in the Middle East has ended.

Video

Video| The New Silk Road | China & The Middle East

Documentary on China's Economy and China's influence in Africa