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…
Category: ENERGY
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…
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…
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…
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.…
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…
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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…
SEWA unveils largest 220 kv substation in Sharjah airport area
This expansion will improve the city’s electrical grid’s reliability and flexibility. The Sharjah Electricity and Water Authority (SEWA) has launched…
Expert highlights insights on OPEC+, LNG, and Trump’s energy shift
Liquefied natural gas (LNG) is set to play a pivotal role in the energy markets and the ongoing race to…
Qatar’s share of Middle East region’s upstream investment ‘substantial’, says GECF
Qatar’s share of the Middle East region’s upstream investment is “substantial”, Gas Exporting Countries Forum (GECF) said and noted in…