The plant, spanning over 500 hectares, will be located in the Talin and Dashtadem communities of Armenia
The recovery in oil prices presents an opportunity for Gulf economies to accelerate the recovery from the pandemic and strengthen diversification
The global market has tightened significantly over the past few months amid a robust rebound in fuel demand in the US, China and parts of Europe
Gulliver replaces Sir Mark Moody-Stuart, who had been on the board since 2007
Clean hydrogen could meet a quarter of the world’s energy needs by 2050
The company is set to name Ziad Al-Murshed as chief financial officer, replacing Khalid al-Dabbagh
ABB’s technologies can reduce energy use in industry, buildings and transport, reveals Ahmed Radwan, MEA business lead at ABB Motion
The integrated plant will produce 940 thousand tons of chlor-alkali, 1.1 million tons of ethylene dichloride and 360 thousand tons of PVC annually
The debt will help the Gulf state pump more gas from the giant North Field
The increase marks the fifth consecutive month of rising fuel prices in the country
Qatar Petroleum is aiming to issue dollar notes with maturities of five, 10, 20 and 30 years
The UAE is now bidding to host the UN’s global climate talks in 2023
Brent oil has rallied more than 40 per cent this year as a strong rebound from the pandemic in the US, China and Europe underpins increasing fuel consumption
The increased production is a result of adding new units which use Sea Water Reverse Osmosis technology at DEWA’s Jebel Ali Power Plant and Desalination Complex
The subsidiary will have rights to 25 years of tariff payments for oil transported through Aramco’s crude pipeline network
The extreme weather highlights the real world impact of climate change
Crude futures are trading at a two-year high above $70 a barrel
Earlier this year, ENOC launched its Service Station of the Future at the Expo 2020 Dubai site
Over 50 per cent of the award value will flow back into the UAE’s economy under ADNOC’s In-Country Value programme
The US benchmark is on course for a fifth quarterly advance, which would be the best run since 2010
Clean energy is expected to account for 12 per cent of Dubai’s overall production by the end of 2021
Technology has now become a key driver of economic growth in the GCC, with data already defining the region’s future, opines Maurits Tichelman, VP – Sales, Marketing, and Communications and GM – Global Markets and Partners, EMEA at Intel
The state-controlled company sold sukuk due in three, five and 10 years
The agreement will bring clean energy to The Bahrain Mall, operated by Carrefour Bahrain
Futures in New York dropped back below $69 a barrel on Tuesday after closing 0.6 per cent lower in the previous session
The firm is raising cash to help fund its commitment to pay out $75bn in dividends
The electricity production capacity will further increase to 13,200MW with the commissioning of the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park
Pawame offers a portfolio of solar home systems in remote areas of Kenya on a micro-financed basis
The Tehran Oil Refinery suspended all operations on Wednesday after a leak at a liquid gas pipeline caused the blaze
The price of oil has doubled since October to more than $70 a barrel