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Energy
Energy
OPEC+ meeting, a critical factor in shaping volatile oil prices
Policy-setting gathering moved from November 26 to November 30
Energy
Concerns over weak demand spark a decline in oil prices
Reversing Monday’s increase and outweighing potential additional supply cuts
Energy
Prices of oil futures increase amid potential deeper supply cuts
OPEC+ has been reducing oil production by 5.16 million barrels per day
Energy
New natural gas discoveries unveiled in Saudi
Al-Hiran gas field confirmed with 30 million cubic feet daily flow
Energy
ACWA Power signs $3.9 billion power purchase contracts
Agreement’s financial rewards expected to materialize after the first half of 2027
Energy
OPEC’s boosted global demand forecasts dampen concerns, fuel oil price surge
The report comes ahead of the scheduled meeting of OPEC+ on Nov. 26
Energy
Diminishing demand from US, China prompts oil price decrease
Prices of Brent and WTI crude futures both saw declines
Energy
Al Masaood Group Industrial expands portfolio
New engineering products and manufacturing services introduced at ADIPEC
Energy
ACWA Power achieves financial closure for ten $14 bn projects
Including renewable energy, desalination and green hydrogen
Energy
OPEC forecasts global oil demand to reach 116 mn bpd by 2045
Massive investment of $14 trn needed to meet demand surge
Energy
DEWA, ACWA Power sign $914 mn deal for desalination plant
Project aims to enhance DEWA's water desalination capacity to 730 MIGD by 2030
Energy
UAE eyes 19.8 GW clean energy by 2030: ADIPEC 2023 highlights
Key energy figures in the region call for partnerships and collaborations
Energy
UAE: OPEC+ eager to achieve stability, balance in the energy sector
Al Mazrouei's speech at ADIPEC 2023 highlighted need for oil and gas investment
Energy
Oil prices soar by 3 percent amid declining U.S. crude stocks
Analysts project oil to break the $100 barrier
Energy
ADIPEC: Future-proofing the world’s energy ecosystem
Putting the spotlight on ‘Decarbonizing. Faster. Together
Energy
Leaders urged to address energy transition issues in global meet
Emphasis on energy security and affordability
Energy
Saudi launches 5.9 GHz band for intelligent transport systems
V2X tech will help raise road safety awareness, provide guidance data
Energy
OPEC+ cuts to tighten oil market in Q4 2023: IEA
Bank of America predicts $100+ per barrel by year-end
Energy
Saudi’s ACWA Power sets sights on billions in investments for Egypt, Morocco
Company plans to pump $10 bn into Egypt by 2026
Energy
Saudi Aramco terminates multi-billion dollar contract for Zuluf field expansion
Seeking alternatives
Energy
Saudi Aramco’s profits decline in Q2 2023
Q2 net income amounted to SAR112.81 bn
Energy
Sixth straight week of oil price gains boosted by Saudi, Russia’s output cut decisions
Could prices reach $100 by year-end?
Energy
$10 bn greenfield refinery gives Saudi shorter route to Asian energy markets
Refinery has a 300,000 BPD crude processing capacity
Energy
Aramco’s net income in the first quarter increased by 82%
Al-Rajhi Financial expected Aramco to achieve profits of 136.6 billion riyals
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