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Saudi Aramco CEO says no Russian discussions over participation in IPO

Saudi Aramco CEO says no Russian discussions over participation in IPO

CEO Amin Nasser said two nations are continuing discussions on energy cooperation ...

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UBS says giving up oil pact ‘not an option’ for Saudi, Russia

UBS says giving up oil pact ‘not an option’ for Saudi, Russia

Brent may climb as high as $60 this quarter as a result of rising demand ...

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Masdar, EDF submit lowest bid to supply Saudi solar power

Masdar, EDF submit lowest bid to supply Saudi solar power

Bid ceremony marks start of $50bn program to diversify the oil producer's domestic energy supplies ...

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Engineering studies underway for $520m Hatta hydropower plant

Engineering studies underway for $520m Hatta hydropower plant

Dubai project is the first of its kind in the Gulf, with a total capacity of 250MW and a lifespan of 60-80 years ...

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Russia and Saudi to set up $1bn energy fund

Russia and Saudi to set up $1bn energy fund

Fund will invest in energy projects, technology and equipment ...

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UAE to reduce oil production in November: Minister of Energy

UAE to reduce oil production in November: Minister of Energy

ADNOC will reduce its share of production by 139,000 barrels per day ...

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Saudi GDP shrinks for second quarter in a row amid OPEC cuts

Saudi GDP shrinks for second quarter in a row amid OPEC cuts

Non-oil industries are still struggling with efforts to overhaul the economy and shore up public finances ...

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BNP to advise on $7bn Saudi power plant sale – sources

BNP to advise on $7bn Saudi power plant sale – sources

Privatisations could exceed $350 billion over the next five years ...

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Dubai plans to launch climate change strategy

Dubai plans to launch climate change strategy

Dubai Municipality says strategy is part of plan to make emirate the environmentally cleanest city by 2050 ...

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Oil giant BP starts production at $16bn Oman gas field

Oil giant BP starts production at $16bn Oman gas field

Khazzan field is operated by BP in partnership with Oman Oil Company Exploration and Production ...

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