The middle east

SINOPEC

Sinopec Puts China's Largest Petrochemical Port into Operation

China's leading energy and chemical company, has put China's largest petrochemical port into operation with the successful docking and unloading of the New Reno…

Oil Price

Can The U.S. Convince Saudi Arabia To End The Oil War?

US Secretary of State Michael Pompeo is applying verbal pressure to Saudi Arabia, encouraging the Middle Eastern country who started the oil price war to “rise…

Cooperation case

China’s Partnership Diplomacy and the Successful Implementation of the BRI

In recent years, the People’s Republic of China (PRC) has significantly increased its economic and diplomatic engagement with the Middle East region.

Oil & Gas Trade

Oil may Hit $40 if Russia doesn’t Support Opec’s Production Cuts

In a volatile trading last week, crude oil prices touched one-month high and then fell back as coronavirus fears were back in the markets, with infection and de…

Solar Power Panel

First Floating Solar in the Middle East Set for Commissioning

The small resort island of Nurai in Abu Dhabi looks set to commission what will be the Middle East’s first floating solar plant, with Dubai-based solar develop…

Nuclear Power Plant

The UAE OKed to Operate 1st Nuclear Power Plant

The United Arab Emirates independent nuclear regulator Monday issued the operating license for Unit 1 of the country’s $24.4 billion Barakah Nuclear Power Plan…

Solar Power Plant

Clean Energy to Head Agenda in 2020

Governments are forging ahead with renewable energy programmes, fuelled by the rapid fall in the cost of developing solar and wind power.

Shale Gas

A Crude Restructuring: How America's Shale Revolution Changes the Oil Market in the Middle East

In the first week of January 2020, US special forces executed a strike killing the leader of Iran’s foreign paramilitary arm, Qasem Soleimani, and raised the a…

Crude

Crude Falls after Trump Says Iran ‘Appears to be Standing Down’

Crude oil prices continued to fall Wednesday after President Trump said Iran is standing down in the Middle East and the U.S. will impose new sanctions on the n…

Oil Price

Oil Surges After Trump Threatens Iraq Sanctions

Oil prices shot more than 2 per cent higher on Monday, with Brent rising above $70 a barrel, after US President Donald Trump issued a threat to impose sanctions…

​Iran Tension May Push up Fuel Prices, Spook Bid to Boost Economy

Global oil prices spiked 4 per cent on Friday as tensions flared up in the Middle East, setting off worries over an extended spell of market volatility hitting …

Oil & Gas Trade

Axxis Geo Solutions finally pens OBN survey deal in the Middle East

Axxis Geo Solutions (AGS), a Norwegian ocean bottom node seismic company, has finally put pen to paper on a long-awaited final contract for a large OBN survey i…

Digital Energy Transformation

Siemens Opened Digital Grid Center to Advance the Digitalization of Energy Systems in The Middle East

Digital Grid Center in Abu Dhabi is a collaborative space for development, demonstration and testing of digital technology in energy systems.

Crude

Trump Claims To Have Taken Control Of Middle East Oil

“We’ve taken control of the oil in the Middle East, the oil that we’re talking about, the oil that everybody was worried about. We have the U.S. control of t…

​Eco-friendly Hydrogen Pilot Project in Dubai to be Undertaken by Siemens

Siemens, the multinational technology and engineering company, will carry out an industrial-scale eco-friendly hydrogen pilot project in Dubai, which is said to…