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Energy
Enoc’s terminals operations further expands into KSA
Project involves four new pipelines from Farabi Petrochemicals Company’s new Yanbu complex to Arabtank Terminal’s storage tanks, a revamp of four existing storage tanks and two new pipelines to King Fahad Port in Yanbu READ MORE
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Energy
Oil hits $68 on Libya force majeure despite pandemic surge
Gold prices dropped after hitting a seven-week high in the previous session, as a rebound in US Treasury yields eclipsed support from a weaker dollar READ MORE
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Energy
Application deadline for 4th Emirates Energy Award extended
The award highlights the best practices and pioneering works in energy efficiency, sustainability and environmental conservation READ MORE
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Energy
Will $60 oil be the new normal?
Supply discipline, demand recovery may lift crude prices in second half READ MORE
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Energy
DSCE releases 2021 State of Green Economy Report
The UAE excelled in its Covid-19 response, and went on to announce that digitisation and the green economy would serve as the basis for the UAE’s post-pandemic recovery READ MORE
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Energy
Saudi Aramco in $12.4b oil pipeline deal with EIG-led group
The deal comes as Aramco seeks to monetise its once-untouchable assets to generate revenue for the Saudi government as it accelerates efforts to diversify the oil-reliant economy READ MORE
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Energy
UAE: Clean electricity from Barakah plant is now in your home
Unit 1 of the Barakah Nuclear Power Plant starts commercial operations READ MORE
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Energy
Oil prices seen to average $60 as inventories keep rising above 5-year high mark
Analysts at the Institute of International Finance said global oil inventories would edge up in the second half of 2021 supported by the rise in US and Opec+ production as Saudi Arabia’s voluntary cut may not be renewed READ MORE
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Energy
DME launches Mideast crude trading platform
The Alternative Crude Ecosystem (ACE) is a bilateral trading platform that enables participants to trade multiple crude grades through the exchange READ MORE
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Energy
Work on 4th phase of the Mohammed bin Rashid Al Maktoum Solar Park on track
Saeed Mohammed Al Tayer inspects work progress at the project READ MORE
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Energy
Dewa, Utico sign Dh1.5 billion water desalination deal
The project is expected to be completed by March 2024 READ MORE
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Energy
Opec+ likely to rollover output cuts to May
Opec and non-Opec producers will support broadly stable oil production to ensure existing price levels as the demand is still to pick up momentum READ MORE
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BusinessIata’s estimate of the losses for the Middle Eastern...
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