Energy
Saudi’s ACWA Power signs $800 mn power purchase agreement for South African hybrid renewable project
Operation to commence by Q2 2026
Russia to tighten oil restrictions in early December
Putin plans to visit Saudi Arabia, UAE this week, aide says
Developing Natrium technology to produce carbon-free electricity
Saudi extends voluntary 1 mn bpd production cut through March
Policy-setting gathering moved from November 26 to November 30
Ambitious plan for Mediterranean gas wells gains momentum
Reversing Monday’s increase and outweighing potential additional supply cuts
OPEC+ has been reducing oil production by 5.16 million barrels per day
Al-Hiran gas field confirmed with 30 million cubic feet daily flow
The report comes ahead of the scheduled meeting of OPEC+ on Nov. 26
Prices of Brent and WTI crude futures both saw declines
Country plans to increase its LNG production capacity by more than 60 percent
Hydrocarbon prices are expected to work in Qatar’s favor
New engineering products and manufacturing services introduced at ADIPEC
Reduction in oil inventories pushes the United States to take swift action
Looks forward to strengthening economic ties between ASEAN and GCC
Including renewable energy, desalination and green hydrogen
Project collaborations to be worth $8 billion
Massive investment of $14 trn needed to meet demand surge
More than AED120 billion worth of project opportunities revealed
Market analysis planned as Russia considers oil production assessment
