OPEC inches towards a contract enabling increase in oil-supply

  OPEC came a bit closer to an agreement that would permit an increase in.

ACWA needs around $800M as funds for its goals

  Paddy Padmanathan ball parked that ACWA Power International needs around $800 million a year.

45 Million Gallons of Sea Water can be Processed into Portable Water – FEWA

  UAE’s Federal Electricity and Water Authority (FEWA) have declared a grouping led by Saudi’s.

ADNOC appoints Goldman Sachs Group and HSBC Holdings to advise on $20billion unit sale

ADNOC is considering a possible sale of a stake in its $20 billion refining unit..

Leaders of Russia and Saudi Arabia to discuss oil output

  It is “inevitable” that OPEC and its alliances will be in agreement to increase.

OPEC and its allies may revive oil output soon, says Saudi Energy Minister Khalid Al-Falih

OPEC and its allies are likely to gradually revive oil output in the second half.

Study reveals Gulf countries may invest $16 billion in renewable energy by 2020

A management consultancy named Strategy& Middle East recently revealed a study according to which  renewable.

US government has asked Saudi Arabia and OPEC producers to rise oil production

According to people well known with the affair, The US government has in silent asked.

Aramco’s Extra Light and Medium grades will also sell to Asia at the widest premiums

Saudi Arabia, the world’s biggest oil exporter, invested pricing on main crude grades for buyers.

Will Mohammed-Putin meeting over Football reshape the global oil market?

A meeting between Vladimir Putin, the Russian president, and Mohammed bin Salman, the powerful Saudi.