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Oil & Gas Trade
Value Of Saudi Oil Exports Jumps 147% In May
Higher oil prices and higher exports resulted in a 147-percent jump in the value of Saudi Arabia’s oil exports in May 2021 compared to May 2020。
OPEC
Till World Shifts to Green Energy, Split Between Saudi and UAE Won't End
It is not geopolitical relationship that will cause the two countries to part, but diverging perceptions of energy transition.
Power Construction
Saudi Arabia Seeks To Boost Electric Grid With New Funding
A Japanese bank syndicate $500mn will be used to make the Saudi electricity sector more sustainable and aligned to the national economic goals
OPEC
OPEC+ is Boosting Oil Production, Ending Dispute that Shook Energy Markets
OPEC+ agreed to increase oil production Sunday, as demand roars back and prices surge, ending a dispute between the United Arab Emirates and Saudi Arabia.
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
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