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Hydrogen Project
Abu Dhabi State Firms to Collaborate on Hydrogen
Three of Abu Dhabi's biggest state-owned companies — Adnoc, Mubadala Investment and Abu Dhabi Development Holding — have signed an agreement to establish the…
Hydrogen Project
UAE and Japan to Collaborate on Green Fuel Technologies
Countries to work together on fuel ammonia and carbon recycling
Net Zero Emission
Top Global Oil Exporter Saudi Arabia Launches Car-Free, Zero Carbon Emissions City
Prince Mohammed bin Salman said in televised remarks that the city, which will be capable of housing one million residents, would comprise "carbon-positive urba…
Electricity Transmission
L&T Construction Awarded Power Transmission Deal In Saudi Arabia
The construction arm of L&T has secured orders from prestigious clients for two of its businesses.
Crude Oil
OPEC+ Meeting Ends With Major Surprise Cut From Saudi Arabia
After another round of drama and a stalling of the talks on Monday, the Tuesday extension of the OPEC+ meeting concluded at long last with a solution upon which…
Oil Field
Italy’s ENI and UAE’s SNOC Begin Gas Production from Mahani Field in Sharjah
Italian energy major ENI and Sharjah National Oil Corporation from the United Arab Emirates announced on January 4 production start-up from the Mahani field, lo…
Crude Oil
Adnoc Distribution to Buy 15 Service Stations in Saudi Arabia for $10m
The company aims to “significantly” increase its presence in kingdom and become a top fuel retailer by 2025.
Oil & Gas Trade
New Year OPEC+ Meeting to Decide Oil Production Levels
The OPEC+ ministerial meeting comes after oil consumption tanked in 2020 due to the Covid-19 pandemic and a price war between Saudi Arabia and Russia.
Oil Field
Saudi Arabia Makes Four Oil and Gas Discoveries
Oil was discovered in the Al-Ajramiyah well, northwest of the city of Rafhaa, with tests showing a rate of 3,850 barrels per day (bpd).
Crude Oil
UAE Projects a Gradual Oil Demand Recovery in 2021
The United Arab Emirates is optimistic about a recovery in oil demand in 2021, but says it won’t be immediate.
Saudi Arabia
Aramco and Cognite Establish JV to Accelerate Industrial Digitalization
Aramco and Cognite will establish a new company that will focus on digitalization in Saudi Arabia and the broader Middle East and North Africa region.
Crude Oil
OPEC+ Plans To Meet More Frequently To Discuss Oil Market Balancing
OPEC+ will take a more hands-on approach to global oil markets now that it plans to meet more frequently, citing the leaders of the group, Saudi Arabia and Russ…
Solar Power Plant
EGYPT: EBRD Lends $4.2m for a 6 MWp Solar Power Plant at Dina Farm
The European Bank for Reconstruction and Development is approving a $4.2m loan for Taqa PV for Solar Energy, Taqa Arabia's renewable energy subsidiary.
Solar Power Plant
Azelio Reaches Major Milestone By Winning Its First Commercial Order From Dubai
The storage unit will be part of a system in the fourth phase of one of the world’s largest solar parks, the Mohammed Bin Rashid Al Maktoum Solar Complex in Du…
Nuclear Power Plant
First UAE Nuclear Reactor Reaches Full Power
Barakah unit 1 has reached 100% power and is now generating 1400 MW of electricity, the Emirates Nuclear Energy Corporation has announced today.
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