Hydrogen from the facility will be used to power cars at the Expo 2020 site
“The market is only expected to return to balance towards the end of this year,” OPEC said
Production is expected to reach 40,000 bpd by 2020
Saudi Arabia wants to diversify its energy mix by using renewables
The company’s revenues were also boosted by higher oil prices
ADNOC said it was the first time Indian oil and gas companies had been given a stake in Abu Dhabi’s hydrocarbon resources
Firm’s president Badr Jafar said the company was keen to engage in the oil and gas sector in the south of Iraq
ADNOC said the upgrade would allow it to free up more valuable crude for export
The Taweelah – Jebel Ali pipeline began transferring gas between the two emirates in 2001.
The project will reach financial close by February 28
Sources close to the IPO said decisions must be taken by March
The country’s expansion plans would mean it exceeds the current output of Iraq and Iran
Brent crude is on track for a fifth straight monthly gain
The UAE’s energy minister said in September that the first reactor would definitely be operational in 2018
Pertamina would have the rights to supply 20 per cent of the crude for the refinery
The plant aims to treat 1.82 million tonnes of sold waste a year
The United States is not participating in cuts led by the kingdom and Russia
The company plans to open 13 new petrol stations this year
China’s state-owned oil companies were reported to have proposed a similar deal last year
Electric vehicles could become comparable to traditional combustion engine vehicles by 2023, the bank forecasts
Union announced it was in the final stages of the sale a week and a half ago
The plants will have capacity of 240,000 cubic metres of water per day
The IEA said oil markets would balance in 2018 if producers maintained compliance with the OPEC deal
The deal is part of Aramco’s diversification efforts
Much of the investment is expected to come from public-private partnerships
The 200 MW Baynouna solar project will be Jordan’s largest solar power plant
The emirates saw a 23-fold increase in clean energy investment last year
A joint venture between the Saudi government and the winning developers will be signed in 2019
Siemens forecasts natural gas will become the region’s number one power source by 2035