Softbank-Backed AMEA Plans to Build a Kenyan Green Hydrogen Plant
AMEA Power, a Dubai-based renewable-energy company, plans to build a green hydrogen facility in the Kenyan port of
2023-09-07 17:18
Saudi Construction Boom Hands Firms Contracts Worth $250 Billion
Saudi Arabia has awarded construction contracts worth $250 billion since 2016, when the kingdom embarked on an ambitious
2023-09-07 15:49
Oil Posts Best Run Since 2019 as OPEC+ Cuts to Tighten Market
Oil held gains after capping the longest winning run in more than four years as OPEC+ leaders extended
2023-09-07 08:52
UAE Oil Giant Adnoc to Boost Carbon Capture Capacity
The biggest oil producer in the United Arab Emirates plans to develop a carbon capture project that will
2023-09-06 15:29
Saudi Telecom Buys $2.25 Billion Stake in Spain’s Telefonica
Saudi Telecom Co. is taking a nearly 10% stake in Spain’s Telefonica SA for roughly $2.25 billion as
2023-09-06 14:51
Oil Tests November High After OPEC+ Leaders Extend Supply Cuts
Oil held near the highest since November after OPEC+ leaders Saudi Arabia and Russia announced that they would
2023-09-06 09:18
Asia Oil & Gas Latest: Bharat Can Buy Russian Oil With Dirhams
The outlook for oil prices and Chinese demand, the longevity of OPEC+ supply curbs, and rising flows of
2023-09-05 16:29
Africa Climate Summit Latest: UAE Pledges $4.5 Billion
The United Arab Emirates, the host of this year’s United Nations climate summit, pledged $4.5 billion to help
2023-09-05 16:22
Oil Holds Advance as Traders Wait for Next OPEC+ Moves on Supply
Oil traded near the highest level this year after a surge driven by supply cuts from OPEC+ that
2023-09-05 13:50
Chinese Solar Firm Eyes Saudi Arabia for First Foreign Plant
China-based solar sector supplier GCL Technology Holdings Ltd. is in advanced talks with Saudi Arabia about opening its
2023-09-05 08:56
Asia Stocks Set to Fall as China Property in Focus: Markets Wrap
Asian stocks are set to open lower Tuesday, as traders return their focus to China’s efforts to halt
2023-09-05 07:15
Iran Slows Uranium Production After Secret Diplomacy
Iran slowed its production of near weapons-grade uranium in recent months, the latest in a series of signals
2023-09-04 20:48