Yemen’s Houthi movement claimed that it had launched a missile on an Aramco facility in Asir
DEWA is expanding infrastructure to meet increasing demand for energy in Dubai
The authority intends to tender three other desalination projects by year-end
Prince Mohammed and Vladimir Putin will also meet to discuss the oil deal
The state oil giant is moving ahead with multi-billion-dollar projects in China, India and Malaysia
Some analysts say spare capacity could even fall below 2 per cent
Aramco’s IPO, set to be the world’s biggest, is expected to take place in 2019
Saudi Arabia has often tasked Aramco with carrying out government projects such as building industrial cities, stadiums and cultural centres
The two, who met in London earlier this year, also discussed the Iran nuclear deal
It is expected to start operations between the end of 2019 and early 2020
The Russian oil subsidiary’s combined production stood at 1.64 million tonnes in 2017
OPEC may decide to raise oil output as soon as June due to worries over Iranian and Venezuelan supply
Oil has risen 51 per cent in the last year
The two firms previously announced a long-term sulphur off-take deal in December
The initial phase of the project will cost $5bn
OPEC signalled it was ready to step in should “geopolitical developments” impact supply
The plans to invest $45bn over the next five years to expand its refining and petrochemicals operations
Dana has in recent years been struggling to recover hundreds of millions of dollars in overdue payments
OPEC is set to meet in June to set oil policy together with non-OPEC producers participating in the supply cut deal
ADNOC wants to expand its downstream portfolio particularly in Asian markets where demand for oil is still growing
Brent crude could return to $100 a barrel next year, or even sooner, Bank of America said
The company is studying growth opportunities in the power and water sector, according to its chairman
Trump said on Tuesday that the United States was reimposing the “highest level of economic sanctions” on Iran
The wider development is set to generate 5,000MW of solar power by 2030
Global oil producers are vying to gain entry into India’s expanding refining sector
Inpex’s secured a 10 per cent interest in the Lower Zakum field in February for $600m
Saudi Arabia’s reserves of easily recoverable oil have long been the world’s largest
Abu Dhabi state fund Mubadala owns around 25 per cent of OMV
Lynn Laverty Elsenhans the former chairwoman, president and CEO of Sunoco Inc.
Siba began producing gas at an initial rate of 25 million cubic feet a day