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Oil Price
Oil Prices Drop After Saudi-UAE Reach Output Compromise
The deal between the two Gulf producers means that members of the Petroleum Exporting Countries (OPEC), Russia and other producers, a group known as OPEC+, will…
Oil & Gas Trade
Saudi, Oman Call for Continued Oil Cooperation Between OPEC and Allies
Saudi Arabia and Oman called on Monday for continued cooperation between OPEC and other allied producers to stabilise and balance the oil market.
Oil Price
Video: Oil Prices Pushed Up By Rivalry Between Saudi Arabia & UAE, Why Are These Two Gulf Nations Sparring?
A public rift between the UAE & Saudi Arabia over oil production quotas has led to soaring oil prices.
Energy Investment
Alfanar Acquires Wind Turbine Manufacturer Senvion India
Saudi Arabian energy company Alfanar has acquired wind turbine manufacturer Senvion India from Senvion, marking its entry into India’s energy market.
Energy Investment
Saudi Arabian Solar: How the State has Invested in Overseas Solar Projects
ACWA Power has invested in some of the world’s largest solar projects, including the Redstone facility and the Kom Ombo plant.
OPEC
Video: UAE and Saudi Arabia’s spat over OPEC oil production
Saudi-led plan to extend a deal capping oil production triggers a dispute between two OPEC heavyweights.
OPEC
Opec+ Might not Meet Until August: Saudi Oil Minister
Saudi Arabia's oil minister Abdulaziz bin Salman has conceded the Opec+ coalition's next meeting could take place no sooner than August, as an ongoing clash wit…
Crude Oil
OPEC+ Fails To Hike Oil Production, Delays Decision Again
OPEC+ much-awaited resumption of talks today has now been delayed, indicating that Saudi Arabia and the UAE have not been able to broker any agreement after the…
Hydrogen Project
Saudi Arabia Aims To Dominate The Global Hydrogen Market
While Saudi Arabia continues to develop its oil industry, it is not shying away from alternative energy options, with state-owned Aramco now heavily investing i…
Hydrogen Project
Saudi Arabia's 1st Hydrogen Fueling Station
Aramco and Air Products have recently inaugurated the first and only hydrogen fueling station in Saudi Arabia at Air Products' new Technology Center in the Dhah…
Energy Investment
Aramco Closes $12.4bn Pipelines Deal with EIG-led Consortium
Sale of a 49% stake in Aramco Oil Pipelines attracted investors from North America, Asia and the Middle East
Energy Investment
Saudi Arabia Loans Rs37bln for Mohmand Hydropower Project
Saudi Arabia has approved 901 million Saudi Riyal loan for construction of 800 megawatts Mohmand hydropower project in Pakistan, a foreign envoy said on Wednesd…
Smart City
HanmiGlobal Lands Project Management Order for Smart City Construction in Saudi Arabia
HanmiGlobal, a construction project management company, announced on June 1 that it has won a PM order for the Neom Smart City project in Saudi Arabia.
Hydrogen Production
Sharjah's Bee'ah to Build Region's First Waste-to-Hydrogen Plant
The UAE is drawing up a comprehensive road map to position itself as an exporter of hydrogen and tap into the clean fuel’s potential
Crude Oil
Saudi Arabia Beats Russia Again To Top Chinese Oil Supplier Spot
Saudi Arabia kept its status as China’s top oil supplier in April, beating Russia for the eighth month in a row as the world’s largest oil buyer imported the …
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