Yanbu Refinery is one of 21 new facilities added to the prestigious Network. (Image source: Adobe Stock)
Yanbu Refinery has become the fourth Aramco facility to be added to the World Economic Forum (WEF) Global Lighthouse Network, having been recognised for its pioneering deployment of cutting-edge technologies to deliver a range of operational, commercial and environmental benefits
The transaction supports ADNOC’s ambitious chemicals strategy. (image source: ADNOC)
ADNOC is to acquire OCI Global’s entire majority shareholding in Fertiglobe plc, the largest nitrogen fertiliser producer in the Middle East and North Africa and producer of sustainable ammonia
Masdar, TotalEnergies, the UAE General Civil Aviation Authority, Airbus, Falcon Aviation Services and technology licensor Axens contributed to the successful flight. (Image source: Adobe Stock)
The first test flight to demonstrate the potential for converting methanol to SAF (Sustainable Aviation Fuel) has taken place in Dubai on the sidelines of COP28 in the UAE
Global Drilling Rig Demand by Region, 2023 vs 2027. Source: Westwood Global Land Rigs
Demand from the Gulf Cooperation Council (GCC) countries is forecast to boost MENA land rig demand by almost 50% from 2023-2027, according to the latest edition of Westwood Global Energy Group’s World Land Drilling Rig Market Forecast.
Saudi Arabia's Energy Minister has announced that OPEC+ production cuts can be extended past the first quarter of 2024 if needed. (Image source: Adobe Stock)
The OPEC+ oil production cuts can “absolutely” continue past the first quarter if needed, Saudi Energy Minister Prince Abdulaziz bin Salman has said, pledging the curbs would be delivered in full
