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A new project for Aramco in Dammam with investments of one billion dollars To generate electricity and water desalination in cooperation with the Emirati Taqa and Marubeni of Japan

  • 21 October, 2021
  • 4:02 pm EEST

The Abu Dhabi National Energy Company "TAQA" and "Marubeni Corporation" "Marubeni" announced today, Thursday, the launch of a partnership to develop a new joint production project for electricity generation and water desalination in Saudi Arabia, in cooperation with Aramco. Sources…

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Oil prices are falling as China seeks to solve the coal crisis, and Brent crude is above $ 84

  • 20 October, 2021
  • 2:20 pm EEST

Oil prices fell on Wednesday, as the Chinese government sought to curb the rise in record coal prices. Beijing is seeking to operate its coal mines at full capacity to cope with the escalating electricity shortage crisis. Prices of Chinese…

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A new step from Aramco to accelerate the development of the Jafurah gas field In conjunction with the rise in gas prices globally

  • 19 October, 2021
  • 3:43 pm EEST

Many major oil companies, led by Saudi Aramco, have begun to take serious steps to diversify oil sales, especially with the rise in natural gas prices, which have reached record levels recently. Many countries view natural gas as a transitional…

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European Forex news roundup: Yen pairs continue to rise

  • 15 October, 2021
  • 3:45 pm EEST

European Forex news roundup: Yen pairs continue to rise Forex market news during the European trade session on October 15, 2021 It was a positive afternoon for risk trades, despite the fact that important headlines were few and far between…

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Turkey uses Azerbaijani gas to face the energy crisis with the onset of winter Through a deal to import 11 billion cubic meters for 3 years

  • 15 October, 2021
  • 3:06 pm EEST

Many countries, led by Turkey, are seeking to secure their natural gas needs by concluding agreements and contracts with producing countries, after gas prices in the spot market witnessed record increases during the recent period. In this context, the Turkish…

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