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Oil & Gas Trade
Saudis Lobby for Million-Plus-Barrel OPEC Cuts, Extending Oil’s Gains
Oil rose for a third day after Saudi Arabia pushed for a deeper output cut than OPEC’s technical committee recommended a day earlier.
Saudi Economy Grows just 0.3% in 2019 as Oil Sector Shrinks
Saudi Arabia’s economy grew by a weaker-than-expected 0.3% in 2019 as the oil sector contracted sharply, official data showed on Sunday, although the non-oil s…
Install 200 Electric Vehicle (ev) Charging Stations Across Brazil
The chargers will have 22 kW of power and be fire, shock and weather proof. The partnership comes after the announcement of the arrival in Brazil of the Audi e-…
Electric Vehicle Battery
Audi Suspends Electric Vehicle Production Due To Battery Shortage
Today in "news that affects all electric vehicle manufacturers but definitely not Tesla stock", Audi has announced that it has suspended production of its e-Tro…
Shale Gas
Saudi Aramco Launches Largest Shale Gas Development Outside U.S.
Saudi Aramco is launching the biggest shale gas development outside of the United States to boost domestic gas supply and end the burning of oil at its power ge…
Oil&Gas Drilling
Saudi Aramco Announces Regulatory Approval of Al-Jafurah Gas Field
Saudi Aramco on Saturday announced the regulatory approval of the development of the Al-Jafurah unconventional gas field in the Eastern Province, the largest no…
Oil & Gas Trade
Kuwait, Saudi Arabia Start Trial Oil Pumping from Divided Zone: Kuwait Minister
Kuwait and Saudi Arabia will start trial oil production from the jointly-operated Wafra and Khafji oilfields on Sunday, Kuwait’s oil minister said.
Oil & Gas Trade
Kuwait and Saudi Arabia Start Work to Resume Oil Output from Khafji – Sources
Kuwait and Saudi Arabia have started preparation work to resume crude oil production from the al-Khafji oilfield jointly operated by the two countries, with ini…
South Korea's SMART SMR Gets a New Life
(NucNet) The government of South Korea and the King Abdullah City for Atomic and Renewable Energy in Saudi Arabia have updated their agreement to create a joint…
Crude
Saudi Aramco Mulls Offshore Oil Expansions
The major expansions at Saudi Aramco’s offshore oil fields of Marjan, Zuluf, Safaniyah and Berri are expected to comprise the majority of the company’s upstre…
Smart Grid
Saudi Arabia Signs Smart Grid Deal with China’s State Grid, Landgrab Continues
State Grid Corporation of China (SGCC) has won a US$1.1 billion contract to install smart meters in Saudi Arabia.
Solar Power Plant
Saudi Arabia Awaits bids for 1.2 GW of Solar in 3rd Renewables Round
The Renewable Energy Project Development Office (REPDO) of Saudi Arabia’s energy ministry on Thursday released a request for qualifications (RfQ) for 1.2 GW o…
Saudi Arabia Launched Its Third Round of Its Renewable Energy Programme
Saudi Arabia has launched the third round of its renewable energy programme, which aims to add a total of 1.2 gigawatt of solar photovoltaic power capacity to t…
Nuclear Technology
Korea, Saudi Arabia Progress with SMART Collaboration
A revised pre-project engineering contract has been signed by South Korea's Ministry of Science and ICT (MSIT) and Saudi Arabia's King Abdullah City for Atomic …
Siemens Signs Smart Energy Scheme Deal With Saudi's Tarshid to Reduce Co2 Emission
Siemens is turning buildings and organizations in the Kingdom into high performing assets by maximizing efficiency, minimizing costs and reducing environmental …
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