Energy

Davos: Egypt investments in oil, gas to reach $10 billion in 2023

Export capacity to amount to 12 million tons annually within 3 years

Waste-to-energy essential to sustaining UAE circular economy

The Middle East’s first waste-to-energy plant opens in Sharjah

UAE’s ADNOC, BP, and Masdar forge clean energy partnership

ADNOC says the project with BP has moved into the design phase

Riyadh hopes to “reach an agreement with OPEC+

Saudi Energy Minister: World must appreciate value of the alliance

Egypt goes big on green projects ahead of hosting COP27

Plastics, CO2, recycling high on projects’ agenda

ACWA sees profit surge despite supply chain challenges

Profits climbed to SAR151.9 compared to SAR139mn in 2021

ESG rapidly becoming crucial for investors

65% of CEOs expect their companies would focus on ESG

Saudi, UAE making strides on their journey to sustainable future

The energy and resources industry will witness a major transformation

Aramco eyes IPO of its trading unit

The listing could raise $30 billion

Can electric vehicles dominate the future of automobiles in the region?

Saudi, UAE are key players in electric mobility transition

Oman follows Abu Dhabi, Saudi in selling stakes in energy asset

OQ invites banks to pitch for gas pipeline network IPO

Saudi seeks to produce 13.4 million barrels of oil per day

Prince Abdulaziz: Oil output depends on what we do in the divided zone

Aramco’s net income in the first quarter increased by 82%

Al-Rajhi Financial expected Aramco to achieve profits of 136.6 billion riyals

The UAE launches new global tree-planting initiative

The initiative is part of Kyndryl’s global sustainability program

EU’s independence from Russian oil and gas looms

A 195 billion-euro plan to stop Russian fossil fuels' import by 2027

Bosch seeks to harness new forms of energy

Bosch to invest 500 million euros to produce hydrogen

OPEC: Oil demand growth will slow 46 percent in Q2 2022

It lowered its forecast for a rise in global oil demand growth by 300,000 barrels

Aramco General Assembly discusses increasing its capital

Several factors to boost Aramco's share prices in coming months

More investments needed to diversify clean energy production

Global leaders, industry experts convene for day two of the World Utilities Congress

The world’s oceans are in dire danger, warns the UN

The Gulf region is mounting efforts to preserve water  

Saudi Aramco displaces Apple, becomes most valuable company in the world

The company’s market value has risen to $2.464 trillion

The UAE and Saudi on “NOPEC”: It may push oil prices to rise

“OPEC +” is doing its part to meet global demand amid geopolitical pressures