Energy
IMF Downgrades MENA Growth Forecasts Due to Gaza Conflict, Lower Oil Output
The fund projects that if the Israel-Gaza conflict slows down in Q1 2024, then the growth...
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Saudi Aramco Ordered to Lower Production Capacity Target
Saudi Aramco was asked by the Ministry to step back to the previous target of 12...
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Italy Opens African Summit to Focus on Migration and Energy Requirements
The one-day summit was attended by over a dozen African leaders and top officials of the...
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Global Oil Prices Drop Over 1% Following Saudi Slashes Its Prices
Saudi Arabia reduced the official selling price (OSP) of its flagship Arab Light crude to Asia...
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TAQA Wins the Junarah Water Reservoir Project Under a Boot Contract
TAQA will be the leader for the operations and maintenance (O&M) activities through a special private...
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Hydrogen, the Next Gold, Oil or Just a Fallacy?
FDE has applied for a permit to conduct in-depth mining exploration called the Trois-Eveches Permit, for...
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Occidental Petroleum to Acquire CrownRock in a Mix of Cash & Stock Deal
Occidental is the ninth-largest energy company in the US, with a market capitalisation of $49.7 billion....
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IAEA and Saudi Arabia Discuss the Development of Nuclear Energy
The IAEA with KHNP is in active discussions with Saudi Arabia to make its nuclear dream...
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Israel-Jordan-UAE Agree to Landmark Tripartite Water-for-Energy Deal
The timing of this meeting is symbolic, occurring in the wake of the recent diplomatic churn...
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New Report Reveals Savings From Renewable Energy Exceeded $520 Billion
The report, titled "Renewable Power Generation Costs in 2022,” calculates that the new installation of renewable...
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