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Middle east
Oil & Gas Trade
Dana Gas Reports 53% Rise in 2022 Adjusted Net Profit on Higher Oil Prices
The Khor Mor gas complex, operated by Crescent and Dana Gas, in the Kurdistan Region of Iraq. Photo: Crescent PetroleumDana Gas, one of the largest private natu…
Hydrogen Production
ACWA Power, Austria-Based Electricity Firm to Develop Green Hydrogen
The green hydrogen to be generated will be used by Verbund.ACWA Power signed a memorandum of understanding with Verbund, an Austria-based electricity firm, to e…
Natural Gas
Oman to Set Up Integrated Company to Manage Natural Gas Assets
Move is expected to improve the Gulf country's economic indicatorsOman, the largest non-Opec producer in the Middle East, expects to post a budget deficit i…
Crude Oil
Adnoc and Malaysia's Petronas Join Forces on Abu Dhabi’s Unconventional Onshore Block 1
Award to Malaysia’s national oil and gas company launches Middle East’s first unconventional oil concession
ADNOC, Petronas Sign Abu Dhabi Unconventional Oil Resources Deal
Abu Dhabi National Oil Company (ADNOC) and Malaysia's Petroliam Nasional Berhad (Petronas) on Monday signed a deal awarding the first concession in the Middle E…
Energy Transition
How Southeast Asia Can Futureproof Its Energy Sector
Southeast Asia is experiencing unprecedented fuel price increases and volatility, increasing demand for power, and exposure to the intensifying impacts of clima…
Solar Power Plant
Expansion Planned for West Africa’s Largest Solar Plant
Middle Eastern renewable energy company AMEA Power has announced the expansion of the Mohammed Bin Zayed Solar Power Plant in Togo, from 50MW to 70MW.
Oil Price
High Oil Prices Ignite the Middle Eastern IPO Market
Initial public offerings in the Middle East have flourished this year thanks to higher prices that have seen increased investor interest in the region.
Carbon Emissions
Saudi Arabia Commits $2.5 Bln to Middle East Green Initiative - Crown Prince
Saudi Crown Prince Mohammed bin Salman speaks during the Future Investment Initiative Forum in Riyadh, Saudi Arabia October 24, 2018. Bandar Algaloud/Courtesy o…
Rolls-Royce Provides Power Supply for Supercomputer in the Middle East
Rolls-Royce has commissioned the first six mtu Kinetic PowerPacks for the Shaheen supercomputer located at King Abdullah University for Science and Technology (…
Israel
Israel Planning Clean Energy ‘Revolution’ in Middle East
Two Israeli energy giants have announced plans to jointly develop major renewable energy projects in the MIddle East and North Africa, as the country works to n…
Oil Refinery
Global Refining Capacity to Expand With New Projects in Middle East, Asia
The world’s refining capacity is expected to increase by nearly 3 million barrels per day (bpd) by the end of next year when at least nine refinery projects ar…
The Future Is Bright for Artificial Intelligence in the Middle East
Several nations are embracing AI to diversify and bolster their economies.
Crude Oil
Top U.S. Energy Envoy Expects Further Steps From OPEC Producers on Supplies
Major crude oil producers have spare capacity and are likely to boost supplies following President Joe Biden's visit to the Middle East, a senior U.S. energy en…
Net Zero Emission
Masdar, Beeah Launch First Commercial-Scale Waste-To-Energy Plant
Masdar and BEEAH, through its joint venture, launched the first commercial-scale waste-to-energy plant in the Middle East.
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