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Crude Oil
Saudi Arabia Raises Oil Prices To U.S. And Europe
The world’s top oil exporter, Saudi Arabia, raised on Thursday the prices of all its crude oil that will go to the United States and Europe in March while leav…
Energy Transition
Saudi Arabia Seeks European Partners to Develop Hydrogen
The world's largest oil exporter is looking to add 50% renewables to its energy mix
Concentrating Solar Power
Containerized Solar Generator Launched In Saudi Arabia
Desert Technologies has launched SAHARA Containerized Solar Generator in collaboration with Green Corp Konnection to power part of the bivouac in NEOM during th…
Wind Power Project
ArcVera Renewables Achieves IECRE Approval for Wind Power Performance Testing Services
The IECRE process included a thorough audit by a set of industry peers who reviewed ArcVera’s procedures and processes, which were approved as being consistent…
Electric Car
Audi and FAW Establishing New JV Company for Production of PPE-Based EVs in China
Audi and FAW are forming a new new cooperation company for the future production of PPE-based electric vehicles in Changchun in the northeast of China.
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…
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.
Blockchain
Three Novel Blockchain Projects in the Energy Sector
An auditing system, clean energy loan fraud and biomass traceability are among the novel blockchain use cases currently emerging.
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).
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…
China
OIL & GAS 50 2020 RANKING
Shell retains title of world’s most valuable oil & gas brand, brand value up 12% to US$47.5 billion.Saudi Aramco is new entrant in ranking taking second positi…

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