Agreements Signed to Develop Green Hydrogen in Oman
Oman’s Hydrom, the Public Authority for Special Economic Zones and Free Zones (OPAZ), and ACME Group signed on Sunday a Project Development Agreement and Usufruct…
Category: ENERGY
Oil Climbs $1 as Price Drop Triggers Buying
Oil gained more than $1 per barrel on Tuesday, rebounding on technical factors and bargain hunting after a decision by OPEC+ to boost output sent…
SABIC Expects Capital Expenditure of $4 Bn in 2025
Saudi Basic Industries Corporation (SABIC), one of the world’s largest petrochemical companies, reported a net loss of 1.21 billion riyals ($322.6 million) for the first…
China says wind and solar energy capacity exceeds thermal for first time
BEIJING – China’s wind and solar energy capacity has surpassed that of mostly coal-powered thermal for the first time, the national energy body said on…
Saudi Aramco in talks to invest in planned refineries of BPCL, ONGC
Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable outlet for…
Oman airports place strong emphasis on cleanliness and sustainability
ACCIONA, a global leader in renewable energy and regenerative infrastructure solutions, has played a key role in helping two of Oman’s busiest airports to be named ‘Cleanest…
Saudi Arabia’s AlUla project appoints chief of tourism and innovation
Afalula, the French government agency for the AlUla project in Saudi Arabia, has appointed Gwénaëlle Delos as its chief of tourism and innovation. Upon completion in 2035, AlUla…
Oil Slips as Investors Monitor Russia-Ukraine Ceasefire Talks
Oil prices slipped on Monday as investors assessed the outlook for ceasefire talks aimed at ending the Russia-Ukraine war, which could lead to an increase…
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South Africa’s E-commerce Boom: How Digital Shopping is Reshaping BRICS Markets
The e-commerce industry has become an unexpected and significant contender to the African market challenging traditional retail industries. The continent’s revenue generation is projected to…