Riyadh is in the early stages of feasibility and design studies for its first two commercial nuclear reactors
Solar panels have been installed on 435 buildings so far under Shams Dubai
The contracts are part of a $4bn scheme to increase gas production in the country
The rules will come into force next July 1
The 50MW wind farm is expected to supply electricity to an estimated 16,000 homes when complete
Exports in June were 35,000 barrels per day (bpd) lower than the May level
The acquisition will be carried out before the end of the year
Hawiyah is part of Ghawar, the world’s largest onshore oilfield
The cards would allow low earners to purchase discounted fuel
Companies have been given a September deadline to express interest
The clean-up of the shores affected by the spill will take one week
Construction of the four units is now more than 82 per cent complete
The agency raised its 2017 demand growth forecast to 1.5 million barrels per day
OPEC’s report said demand will rise to 32.42 million bpd of its crude next year, up 220,000 bpd from the previous forecast
Jabar al-Luaibi will meet his counterpart Khalid al-Falih to discuss oil market developments
The cuts come as Saudi complies with the oil producers’ deal to cut output
The transformers will help expand the city’s power network
The loan, with a three-year maturity, will be provided by a group of seven banks
The case was filed with the London Court of International Arbitration in 2013
Brent crude oil prices averaged $51.71 a barrel in the first half of 2017
The proposal would see Aramco pay higher royalties if oil prices rise
The IPO is expected to be the world’s biggest and is targeted to raise $100bn
Aramco plans to nearly double its gas production to 23 billion standard cubic feet per day over the next decade
The UAE halted condensate imports from Qatar in June
Weaker compliance with cuts by some OPEC members and a rise in OPEC exports are softening prices, says minister
The loan is expected to be in a range of $4bn to $5bn, a source said
The incident reportedly happened due to hot weather
Phu Quoc Island will supply and store crude oil and refined petroleum products