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Nuclear Power Plant
UAE Announces Operation of First Arab Nuclear Power Plant
The United Arab Emirates announced the start-up operations of its first nuclear power plant in capital Abu Dhabi.
Market Analysis
Wind Industry Remained Resilient During COVID-19 Crisis
Despite major disruptions to production and assembly in the first semester, installation of new wind farms over the first half of 2020 was comparable to previou…
Solar Power Plant
Chinese Contractor to Build 900MW UAE Mega-Solar
Saudi developer ACWA Power has appointed Shanghai Electric as the engineering, procurement and construction (EPC) contractor for the 900MW fifth phase of the Mo…
Saudi Arabia
EWEC Announces Partners to Develop the World’s Largest Solar Plant
The Emirates Water and Electricity Company (EWEC), a leading company in the coordination of planning, purchasing and providing of water and electricity across t…
Saudi Arabia
MENA Fund to Increase Saudi Investments with Eye to Recovery
Middle Eastern fund managers plan to increase investments in Saudi Arabia in the current quarter, betting on the kingdom’s ability to bounce back from the coro…
Energy Storage Battery
Finding the Right Role for Battery Storage in the Middle East
Based in the United Arab Emirates (UAE), Dr Imran Syed is head of industrial power for Enerwhere, designing and implementing hybrid systems that use energy stor…
Solar Power Plant
EWEC Awards Contract for 2GW Solar Power Plant Project in UAE
The Emirates Water and Electricity Company has awarded a contract to a development consortium for a 2GW solar power plant located in the UAE.
Oil & Gas Trade
Saudi Oil Exports Down by Nearly $12 billion Year-on-year in May
The value of Saudi Arabia’s oil exports dropped by 65% year-on-year in May, or a fall of nearly $12 billion, official data showed on Thursday.
Saudi Arabia
Saudi Arabia’s Oil Exports Fall 65% in May, WTI Regains $42
Citing official data, Oil exports from Saudi Arabia, the OPEC’s top producer, fell by 44,277 million riyals (USD12 billion) or 65.0% in May 2020.
Oil & Gas Trade
Texas Oil Regulator Accuses Saudi Arabia and Russia of Dumping Crude on U.S. Markets
Urge the federal government to investigate and take appropriate action against Saudi Arabia and Russia for excessive crude dumping.
Oil & Gas Trade
Tanker off UAE Sought by US Over Iran Sanctions ‘Hijacked’
An oil tanker sought by the U.S. over allegedly circumventing sanctions on Iran was hijacked on July 5 off the coast of the United Arab Emirates.
Energy Technology
Green Hydrogen Project to Use Topsoe Ammonia Technology
A US$5 billion dollar green hydrogen production facility to be sited in NEOM, Saudi Arabia, will include Topsoe's proven ammonia technology.
Crude Oil
OPEC and Russia May Ease Oil Production Cuts
Saudi Arabia, the world’s largest oil exporter, and other major oil-producing countries are likely to increase their output in August.
Energy Technology
Air Products Announces $5bn Renewable Hydrogen to Ammonia Investment
US industrial gas and chemical business Air Products has announced a $5bn joint investment in a chemical production plant in Saudi Arabia powered by 4GW of rene…
Energy Technology
JV Launched to Pair 4GW With ‘World’s Largest Green Hydro Project’ in Saudi Arabia
A joint venture project has been launched to develop what intends to be the world’s largest green hydrogen project.
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