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Energy Economy
Saudi Aramco Profit Drops 50% for First Half of the Year as Pandemic Batters Oil Price
Oil giant Saudi Aramco reported a 50% fall in net income for the first half of its financial year, reflecting a devastating year for oil markets and the global
Solar
EWEC Announces Partners to Develop the World’s Largest Solar Plant
The Emirates Water and Electricity Company (EWEC), a leading company in the coordination of planning, purchasing and providing of water and electricity across t
Energy Economy
MENA Fund to Increase Saudi Investments with Eye to Recovery
Middle Eastern fund managers plan to increase investments in Saudi Arabia in the current quarter, betting on the kingdom’s ability to bounce back from the coro
Oil & Gas
Saudi Arabia’s Oil Exports Fall 65% in May, WTI Regains $42
Citing official data, Oil exports from Saudi Arabia, the OPEC’s top producer, fell by 44,277 million riyals (USD12 billion) or 65.0% in May 2020.
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Most views from Saudi Arabia
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Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production out
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OPEC+ Appears Set to Hold Its Next Key Meeting on Output Online
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Global Oil Prices Drop to $71 as 4th Largest Production Company Cuts Prices for Asia
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Saudi Arabia Cuts Oil Prices
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EDF Renewables, SPIC Win 1.4 GW of Solar Projects in Saudi Arabia
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New Initiatives Target Energy Efficiency Growth in Saudi Arabia