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Algeria Saudi Arabia Energy Partnership Supports Long-Term Investment in Oil and Gas Exploration

The Algeria Saudi Arabia Energy Partnership is gaining momentum as both countries move forward with a significant oil and gas development agreement aimed at...

Saudi Arabia Strengthens Alternative Trade Routes as Strait of Hormuz Closure Disrupts Shipping

The closure of the Strait of Hormuz continues to create major challenges for regional trade, energy exports, and global supply chains. As Gulf countries...

Algeria Saudi Arabia Energy Partnership Supports Long-Term Investment in Oil and Gas Exploration

The Algeria Saudi Arabia Energy Partnership is gaining momentum as both countries move forward with a significant oil and gas development agreement aimed at...

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Algeria Saudi Arabia Energy Partnership Supports Long-Term Investment in Oil and Gas Exploration

The Algeria Saudi Arabia Energy Partnership is gaining momentum as both countries move forward with a significant oil and gas development agreement aimed at...

Saudi Arabia And South Korea Strengthen Energy Partnership Through New Oil And Gas Agreement

Saudi Arabia and South Korea have taken a significant step toward expanding their energy cooperation by signing a new memorandum of understanding focused on...

Saudi Arabia Strengthens Alternative Trade Routes as Strait of Hormuz Closure Disrupts Shipping

The closure of the Strait of Hormuz continues to create major challenges for regional trade, energy exports, and global supply chains. As Gulf countries...

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Middle East Oil Producers to Boost Supplies to India in December

Middle Eastern oil producers Saudi Arabia, Iraq, and Kuwait will increase crude oil supplies to India in December. This move comes as Indian refiners...

ADNOC Drilling Acquires 80% of MB Petroleum to Expand Gulf Presence

The ADNOC Drilling will acquire an 80% stake in MB Petroleum Services, marking its second regional acquisition. This move accelerates the company’s expansion across...

Saudi Aramco Recalls Two Arabian Drilling Jackups for 2026 Restart

Saudi Aramco has instructed Arabian Drilling, the kingdom’s largest drilling contractor, to restart two of its suspended offshore jackup rigs. This move strengthens offshore...

Opec+ V8 Members to Approve Modest Oil Production Increase

Saudi Arabia, Russia, and six other OPEC+ members are expected to approve a modest increase in oil production during their online meeting. The decision...

Saudi Arabia’s GDP rises 5% as oil recovery drives Vision 2030 growth

The GDP of Saudi Arabia expanded by 5% in the third quarter of 2025, fueled by a rebound in oil production and strong investment...

Qatar Energy Commitment Reaffirmed at GECF Meeting in Doha

Qatar energy leadership played a central role at the 27th Ministerial Meeting of the Gas Exporting Countries Forum in Doha. The meeting focused on...

TotalEnergies and Aljomaih Secure 400 MW Solar Plant Contract in Saudi Arabia

A consortium of France’s TotalEnergies and Saudi Arabia’s Aljomaih Energy & Water (AEW) has won the contract to develop, build, and operate a 400...

Hyundai Motor Group to Launch First Middle East Plant in Saudi Arabia with 50,000 Vehicle Capacity in 2026

Hyundai Motor Group will start operations at its first Middle East plant in Saudi Arabia in late 2026. The facility will have an annual...

Green Hydrogen Project Advances in Saudi Arabia

Saudi Arabia is advancing its green hydrogen project after Saudi Arabia Refineries Co., or SARCO, signed a non-binding memorandum of understanding with UAE-based Go...

Aramco Acquisition Expands Stake in Petro Rabigh To 60 Percent

The Aramco acquisition of a 22.5 percent stake in Petro Rabigh marks a major move in its downstream growth. With this deal, Aramco increased...

Aramco Contracts Boost Offshore Investments 2025

Saudi Aramco has awarded over $6 billion in offshore oil and gas contracts so far in 2025, reinforcing its position as the world’s largest...

Saudi Arabia Energy Transition Accelerates with ACWA Power’s Gas and Solar Expansion

Saudi Arabia continues to reshape its energy landscape under Vision 2030. At the center of this shift, ACWA Power plays a crucial role. The...