Energy

    Saudi oil giant Aramco awards $10bn worth of contracts for Jafurah field development
    09 Dec 2021

    Saudi Arabian energy giant Saudi Aramco announced Tuesday that it would start the development of the Jafurah unconventional gas field, the largest non-associated gas field in the Kingdom, Oil and Gas Middle East reports. In addition, Aramco announced that it had awarded subsurface and engineering, procurement, and construction (EPC) contracts worth $10 billion. The capital […]

    In a world “before the flood”: at the crossroads between a new economy and ruin
    09 Dec 2021

    We are starting to lose today. The world is changing radically, and the countries worldwide have to refocus its energy and industrial policies on the development of renewable energy sources and the replacement of fossil fuels, says energy expert and eco-activist  Oleh Savitsky in his article for the European Truth. With the entry into force […]

    Without a clear plan for the transition to renewables, the energy crisis will become the norm – Financial Times
    09 Dec 2021

    Everyone wants to save the planet from climate change, but no one wants to increase energy prices. The energy transition, which many countries have announced, is too slow. This is the most significant long-term infrastructure project in the history of humanity, so governments should plan it in moderation and detail, Financial Times reports. According to […]

    Al-Futtaim Malls extends solar project with $2mn investment
    08 Dec 2021

    Following the success of Phase 1 of the Dubai Festival City Mall solar generation project, Al-Futtaim Malls has announced plans to extend the facility’s operations with a $2.17mn (AED8mn) Phase 2. Phase 2 of the solar project is divided into two sections providing a total of 2.6 MWh of power, which is estimated to generate […]

    Saudi Aramco chief calls for a realistic approach to energy transition
    08 Dec 2021

    Saudi Aramco CEO Amin Nassir on Monday rejected what he called a “deeply assumption” that the entire world can run on alternatives and the vast global energy system can be totally transformed, virtually overnight, Arab News reports. He was speaking at a global energy conference devoted to future technologies and low-carbon strategies in Houston. The […]

    Green Hydrogen: The new scramble for North Africa
    08 Dec 2021

    European plans for hydrogen energy projects in North Africa smack of green colonialism, says London-based Algerian researcher and activist Hamza Hamouchene in his article for Al Jazeera. Let’s check it. *** The potential of the Sahara desert in North Africa to generate large amounts of renewable energy thanks to its dry climate and vast expanses […]

    Saudi Arabia’s $100bn plan to become largest shale gas producer outside of the US
    07 Dec 2021

    Saudi Aramco’s award of $10 billion worth of contracts on its giant Jafurah project has finally fired the starting gun to develop what is thought to be the world’s biggest shale gas field outside of the US, Arab News reports. Having battled with America’s shale oil producers for market share over the last decade, the […]

    Aramco’s giant gas field Jafurah could replace 500,000 bpd of Saudi oil: CEO
    06 Dec 2021

    Saudi Arabia’s oil giant Aramco has announced the start of its development of its Jafurah unconventional gas field in a press event on Monday. The company’s chief executive officer, Amin Nasser, said the field, which it claims to be the largest in the world, could replace 500,000 barrels per day of oil production “at its […]

    Omani graduate invents wind vane to tap the energy of vehicles
    06 Dec 2021

    A graduate from Oman’s premier Sultan Qaboos University, Yousef bin Yaqoub Al Busaidi, has innovated a wind vane that traps the energy released from vehicle movement on highways, stores and releases it for use as required, Gulf News reports. The sleek wind vane is characterized by a longitudinal design that occupies a small area that […]

    GCC countries need to identify consumers for big green energy investments: Indian oil minister
    02 Dec 2021

    The world is still going to “need large amounts of fossil fuels” for a while yet, the minister added. Countries in the Arabian Gulf have made big bets on green energy, but India’s oil minister says questions still need to asked as to who the consumer will be, Oil and gas Middle East states. “GCC […]