The deal is part of Saudi Arabia’s drive to open up to foreign investment and use the money to diversify its economy
The 230-megawatt project is Azerbaijan’s first foreign investment-based independent solar project structured as a public-private partnership
The solar rooftop project will produce 10.6 GWh of clean energy annually
ENOC’s growth strategy will focus on enhancing its business and operations through digitalisation
The buyout firm’s consortium will include US and Chinese investors
A total of 11 countries have signed a group statement to ensure the success of the Paris Agreement
The digital token for the Ethereum network has nearly tripled this year
Aramco will increase its grades for Asia in May by between 20 and 50 cents a barrel
Data from the US and Asia do bolster the case for OPEC+ to loosen the taps
JV launches with initial funding of $7m split equally between the partners
A consortium of companies will build and operate the Dhs4bn Dubai Centre for Waste Processing
ADNOC began trading Murban futures on an Abu Dhabi exchange on Monday
It is the second straight month that prices have risen in the UAE
Oil accounts for 90 per cent of Kuwait’s revenue
A US inventory report showed domestic fuel consumption is at the highest in four months
About 30 per cent of Taqa’s total generation will be made up of solar or wind plants
The two entities will carry out technical and economic feasibility studies to explore potential projects promoting hydrogen development in the UAE and elsewhere
Aramco is looking to work with China on blue hydrogen and ammonia, synthetic fuels and carbon capture utilization and storage
Taqa built its oil and gas unit mostly through acquisitions
It confirmed a minimum Dhs2.57bn dividend for 2022
Crude has rallied strongly in the opening months of 2021
Fujairah International Oil & Gas Corp claims it’s an intermediary seller of the cargo and that it is Iraqi oil
The attack on the kingdom’s Ras Tanura port on Sunday caused a brief spike in oil prices
Qatar loaded about 700,000 barrels of oil onto the tanker Abu Dhabi-III on March 4
A rising currency wiped out a solid surge following an attack on a major Saudi Arabian export crude terminal
A storage tank in the Ras Tanura terminal was attacked by a drone while a missile also landed near a residential compound for Saudi Aramco employees in Dhahran
TAQA to expand its industrial park; AMCO to set up new manufacturing facilities
The state-run energy company already uses carbon dioxide to pump more crude out of the ground in a process known as enhanced oil recovery
The complex can generate 9,547 MW of electricity
Energy Development Oman will hold the country’s 60 per cent stake in Block 6