Aramco awards major contracts for expansion of Fadhili Gas Plant in the Eastern Province of Saudi Arabia
Energy
Apple
DEWA introduces futuristic services with Apple Vision Pro glasses
DEWA launches smart app on Apple Vision Pro glasses
Japan
UAE secured 44.1% of Japan’s crude oil needs in February
The total amount of crude that Japan imported during February this year amounted to around 71 million barrels
Abu Dhabi
ADNOC Gas plans to double LNG capacity by the end of 2028
Plans to invest over $13 billion in growth opportunities over the next five years; Shareholders approve $3.25 billion dividend in first post-IPO AGM
clean energy
Positive Zero, Tamimi Energy join forces to support rapid growth of Saudi clean energy market
The agreement envisages their arms, SirajPower and ENERCO, working together by leveraging their complementary capabilities for the development and financing of commercial and industrial solar power solutions across Saudi Arabia
energy investments
OPEC calls for $14tn investment boost to meet surging energy demand through 2045
OPEC Secretary General stressed that these investments are crucial for ensuring reliable energy supplies for current and future generations
crude oil
Oil price reaches over $85 on shrinking US rig count amid geopolitical tensions
A shrinking US rig count added to upward price pressure
Barakah Nuclear Energy Plant
UAE nuclear power: Barakah Energy Plant added to grid
Unit 4 of the Barakah Nuclear Energy Plant connected to UAE transmission grid