Tag: Energy
Aramco open to selling more shares as market improves: Chairman
According to the chairman of Saudi Arabia’s petroleum and natural gas company Aramco, the country will consider selling more shares in its state-run firm...
Aramco looks to extend $10bn loan by a year: Sources
The Saudi Arabian public petroleum and natural gas company, Aramco, has asked banks to extend a $10 billion loan it raised in May 2020...
Oil set to make gains ahead of OPEC+ meeting
Thanks to continued tightening in the markets, oil is set to make further gains this week ahead of a meeting of OPEC+ (Organization of...
Abu Dhabi NMDC-NPCC merger to create EPC player; Gains regulatory approvals
Abu Dhabi-based National Marine Dredging Company (NMDC) has completed its merger with National Petroleum Construction Company (NPCC), following the approvals from regulatory authorities.
The agreement,...
Saudi Solar PVs ready to light up the Kingdom; Energy Ministry
Saudi Ministry of Energy is all set to generate electricity for consumers’ houses and enterprises from small-scale solar photovoltaic (PV) systems which will be...
Masdar joins with clean energy firms to explore opportunities in Israel,...
One of the world’s leading renewable energy company, Masdar has joined forces with France-based EDF Renewables to explore renewable energy opportunities in Israel and...
Phasing out coal dependency can bring a sustainable future: IMF
As the world economy is getting back from the pandemic-driven crisis, the demand for coal is expected to recover from a sharp decline but...
UAE will raise oil supply to Asian buyers from January
After the success of the OPEC+ compromise deal on cuts, the UAE has decided to give a little more crude to Asian oil buyers...
