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Masdar and Taaleri have agreed to launch a joint venture to accelerate wind and solar renewable energy develop...
Eni SpA and Thailand’s PTT Exploration and Production Pcl secured rights to explore for oil and natural gas in...
Brent oil extended its longest rally in a year and a half, rebounding above $60 a barrel, on hopes of a resolu...
Masdar, the Abu Dhabi Future Energy Company, has installed the first of 13 turbines at the 50 megawatt (MW) Dh...
Saeed Mohammed Al Tayer, Vice-Chairman of the Dubai Supreme Council of Energy and MD & CEO of Dubai Electr...
Saudi Aramco, Air Products and ACWA Power said on Sunday that they had signed a deal to form an $8 billion gasification and power joint venture in Saudi Arabia. The new entity, which will be... Read more
Crude posted the longest stretch of weekly declines since 2015 as international trade tensions threatened energy demand in the face of flourishing oil production by the world’s biggest suppl... Read more
The Abu Dhabi National Oil Company (Adnoc) is seeking to increase its business in Japan. Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of Adnoc, visited Japan and met Hirosh... Read more
Oil rose after Saudi Arabia was said to have curbed production, offsetting concerns that the growing trade dispute between the U.S. and China will hurt demand. West Texas Intermediate future... Read more
Saudi Arabia, which recently pledged oil-supply increases to tame rallying crude prices, cut production last month, according to OPEC delegates familiar with the matter. The biggest member o... Read more
OMAS, a wholly-owned subsidiary of Saudi Arabian conglomerate Zahid Group, has acquired a 50% share in Greencells Group, a German provider for solar photovoltaic power plants. Greencells is... Read more
OPEC’s crude output increased last month as Saudi Arabia pumped near-record volumes to make good on a pledge to consumers that demand would be met. The kingdom’s oil production grew by 230,0... Read more
Saudi Basic Industries Corp (Sabic), the Middle East’s biggest petrochemicals producer, posted an 81 percent increase in second-quarter profit on higher sales prices and volumes. Net income... Read more
The rise of cryptocurrencies as assets attractive to fund managers is breathing life into a spit of land the size of Manhattan located on the southern coast of Morocco. New York’s Brookstone... Read more
Top OPEC member Saudi Arabia is shipping US crude produced in the Gulf of Mexico to Asia at a time when No. 1 buyer China is snubbing American cargoes. The trading unit of state-run Saudi Ar... Read more
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