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Energy

Saudi petrochemical company SABIC makes a profit of $411 million after losses
Saudi petrochemical company SABIC makes a profit of $411 million after losses

Feb 27, 2025

Fitch: Renewable Energy Goals Boost Power Project Investments in GCC
Fitch: Renewable Energy Goals Boost Power Project Investments in GCC

Feb 27, 2025

Egypt will build a $7 billion petrochemical complex in New Alamein with a group led by Shared Capital Partners
Egypt will build a $7 billion petrochemical complex in New Alamein with a group led by Shared Capital Partners

Feb 24, 2025

Saudi Aramco enters the Philippines retail market by agreeing to buy a 25% share in Unioil
Saudi Aramco enters the Philippines retail market by agreeing to buy a 25% share in Unioil

Feb 20, 2025

Ma’aden buys Bahrain Aluminum stake from SABIC for $963 million
Ma’aden buys Bahrain Aluminum stake from SABIC for $963 million

Feb 20, 2025

Saudi Aramco’s refining unit, Luberef, saw a 5.8% increase in revenue in 2024, reaching $2.7 billion, but its profit dropped sharply
Saudi Aramco’s refining unit, Luberef, saw a 5.8% increase in revenue in 2024, reaching $2.7 billion, but its profit dropped sharply

Feb 18, 2025

The IEA says global electricity use will grow by 4% each year, and by 3% in the Middle East, from 2025 to 2027
The IEA says global electricity use will grow by 4% each year, and by 3% in the Middle East, from 2025 to 2027

Feb 15, 2025

Abu Dhabi’s TAQA says its profit dropped 56% in 2024 to $2 billion
Abu Dhabi’s TAQA says its profit dropped 56% in 2024 to $2 billion

Feb 14, 2025

Dana Gas reports a 5.6% drop in net profit to $151 million for 2024 due to a one-time impairment charge
Dana Gas reports a 5.6% drop in net profit to $151 million for 2024 due to a one-time impairment charge

Feb 10, 2025

Oil Goes Up After Saudi Increases Prices for March Delivery
Oil Goes Up After Saudi Increases Prices for March Delivery

Feb 06, 2025

The Middle East Economy in 2025: From Oil Dependence to Diversified Growth
The Middle East Economy in 2025: From Oil Dependence to Diversified Growth

Jan 29, 2025

Saudi ACWA Power Secures $700M Loan for Suez Wind Farm Project
Saudi ACWA Power Secures $700M Loan for Suez Wind Farm Project

Dec 31, 2024

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