Kuwait economy rebounds in Q1 with 1% growth
Kuwait’s economy returned to positive territory in the first quarter of 2025, recording a 1 percent year-on-year increase in real gross domestic product, according to…
Category: ENERGY
Saudi Arabia Signs 15 GW Renewable Energy Deals in One Week
Saudi Arabia has signed a raft of contracts for renewable‑energy projects totaling 15 gigawatts (GW) – among the world’s most keenly priced – accelerating its…
Nigeria-Morocco Gas Pipeline Project Records Milestone as Officials Meet in Rabat
The Nigeria-Morocco Gas Pipeline project has reached major milestones with recent Technical and Steering Committee meetings held in Rabat as part of the project’s governance,…
Malaysia says China ready to sign SEA nuclear weapons-free treaty
China will sign up to a Southeast Asian treaty banning nuclear weapons in the region as soon as all documentation is ready, Malaysia’s foreign minister…
Saudi Arabia, Russia Seek to Deepen Economic and Industrial Ties
Saudi Arabia and Russia have stepped up efforts to strengthen their economic and industrial partnerships, as Minister of Industry and Mineral Resources Bandar Al-Khorayef led…
Japan Plans ‘World First’ Deep-sea Mineral Extraction
Japan will from January attempt to extract rare earth minerals from the ocean floor in the deepest trial of its kind, the director of a…
Oil Retreats on US Tariff Uncertainty and OPEC+ Supplies
Oil prices slipped on Thursday as the possibility of US tariffs being reinstated raised demand concerns ahead of an expected supply boost by major producers.…
Shell says it is not considering buying BP
Shell has not bid for BP and is not actively considering such a move, it said today, adding it was bound by UK regulations which…
World Bank to Finance Syria with $146 Million to Restore Electricity
The World Bank approved a $146 million grant to help Syria restore reliable, affordable electricity and support the country’s economic recovery, it said in a…
Chinese scientists develop new device to convert tire friction into clean energy
A team of Chinese scientists has developed a groundbreaking device capable of converting the friction between vehicle tires and roads into clean electricity. The device,…