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Oil Price
Further Oil Stock Releases by Iea Member Countries ‘on the Table’
Further releases of oil stocks by International Energy Agency member countries are on the table in the event of market disruptions, the agency's chief energ…
Oil Price
Saudi’s Won’t Let Oil Stay at $75: Pioneer CEO
OPEC is likely to cut oil production again, Pioneer Natural Resources CEO said at a Goldman Sachs Conference in Miami on Thursday.Source: World OilSaudi is not …
Saudi Arabia
NEOM Makes Major Progress On Green Hydrogen Production
NEOM Green Hydrogen Company’s mega-plant will integrate up to 4GW of solar and wind energy to produce up to 1.2 million tonnes of green-ammonia translatin…
Oil & Gas Trade
Aramco Refining Unit Luberef Begins Trading on Tadawul After $1.32BN IPO
Company's listing is Saudi Arabia's third-largest IPO this year after Americana and Nahdi MedicalThe Tadawul All Share Index, the Arab world's large…
Wind Farm
Acwa Power Signs Wind Power Project Purchase Deal With Uzbekistan
Kungrad farm is expected to offset 2.4 million tonnes of carbon emissions per year and power 1.65 million homesSaudi Arabia's Acwa Power has signed three ma…
Hydrogen Project
Japan Minister Signs Clean Energy Cooperation Document During Saudi Visit
Japan's Economy, Trade and Industry Minister Yasutoshi Nishimura and Parliamentary Vice Minister for Foreign Affairs Kei Takagi attend the G20 Energy Transi…
Hydrogen Production
Saudi Arabia's Neom Signs Agreements With Banks To Finance Green Hydrogen Project
The kingdom is building the world’s largest green hydrogen-based ammonia production plant in the planned futuristic cityThe project, set to come on stream…
Saudi Arabia
‘Need For Cooperation’ To Achieve Net Zero By 2050
Sheikh Ahmed bin Saeed Al MaktoumThere needs to be cooperation among the related organisations in the UAE to achieve the objectives of the UAE Net Zero by 2050 …
Oil & Gas Trade
Aramco, Sinopec and Sabic Plan Mega Projects In KSA, China
Mohammed Y Al QahtaniSaudi Aramco, China Petroleum and Chemical Corporation (Sinopec) and Sabic will explore setting up a petrochemical complex to be integrated…
Cooperation case
China And Saudi Arabia Signed The Implementation Plan For Docking For The Joint Construction Of The "Belt and Road" Initiative And The "2030 Vision"
China And Saudi Arabia Signed The Implementation Plan For Docking For The Joint Construction Of The "Belt and Road" Initiative And The "2030 Vision"Source: Nati…
Oil Price
Saudi Arabia Cuts Oil Prices to Asia to 10-Month Low
Saudi OSPs to Asia hit 10-month low amid slowing physical demand.
Natural Gas
Saudi Arabia Makes More Unconventional Gas Discoveries
Saudi Arabia’s oil giant Aramco has discovered two unconventional natural gas fields in the eastern part of the country.
Saudi Arabia
Saudi, Iraqi Energy Ministers Meet, Review Oil Markets
The energy ministers of Saudi Arabia and Iraq met on Thursday and stressed the importance of adhering to OPEC+ output cuts that last until the end of 2023.
Saudi Aramco Signs Agreements Worth $11BN With Manufacturers
The move could create 5,000 jobs in Saudi Arabia over the next decade
Oil Price
Oil Prices Reverse Course After Saudi Arabia Denies Output Hike Rumors
Saudi Arabian officials are denying the news that OPEC is considering a 500,000 bpd output hike.
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