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Commodities

The Bulls vs the Bears on Oil Prices with the OPEC + deal signed – Experts are split – Who is right?

July 19, 2021 Stu Turley

Well, we are in historic times with pandemics, countries printing money, and inflation. If that does not make your head hurt, commodities pricing will. The important deal with OPEC + and the UAE is an […]

Aramco oil processing facility at the Abqaiq oil field
Crude Oil News

OPEC+ to Boost Oil Output After Saudi-UAE Compromise Deal

July 18, 2021 Stu Turley

The unusually public dispute that tested the unity of the cartel was resolved in a classic compromise — with Riyadh meeting Abu Dhabi halfway in its demand for a more generous output limit. “Consensus building […]

opec energynewsbeat
Commodities

OPEC+ Calls Meeting for Sunday After Progress Toward Deal

July 17, 2021 Stu Turley

OPEC+ has called a meeting on Sunday, delegates said, after the group made significant progress toward resolving a standoff with the United Arab Emirates that had blocked a deal to boost output. The online conference […]

Turkey to launch mini solar tenders in 2 months - energy minister says - EnergyNewsBeat
Electrical Generation / Utilities

Middle East adding solar capacity despite some delays, rising polysilicon costs

July 11, 2021 Stu Turley

The Middle East is moving ahead with solar projects, seeking to pass on soaring polysilicon costs, even as some plans have been delayed due to the pandemic, the region’s solar industry trade group said in […]

Commodities

OPEC+ Crisis Deepens as Saudi Arabia Refuses to Budge

July 4, 2021 Stu Turley

    Saudi Arabia and the United Arab Emirates cranked up the tension in their OPEC standoff as the rare diplomatic spat between long-time allies leaves the global economy guessing how much oil it will […]

International News

Iraq inks deal with UAE firm to produce renewable energy

June 28, 2021 Andy Del Prado

Baghdad, Iraqi Oil Minister Ihsan Abdul-Jabbar Ismail announced the signing of an agreement with Masdar, a renewable energy developer based in the United Arab Emirates (UAE), to establish a solar energy project. Ismail, who is also chairman of the Iraqi Ministerial Council […]

International News

UAE to help Sudan secure all petroleum needs through flexible agreement

May 12, 2021 Andy Del Prado

KHARTOUM, – The United Arab Emirates has committed to supplying Sudan’s full requirements of petroleum products through a contract by the UAE‘s state oil producer ADNOC, Sudan’s cabinet affairs minister Khalid Omer Yousif told Reuters on Tuesday. Sudan has had frequent […]

Japan and UAE - energynewsbeat.com
Hydrogen

Japan signs hydrogen cooperation deal with UAE

April 14, 2021 Stu Turley

Japan and the UAE have signed a hydrogen cooperation deal aimed at accelerating bilateral support for an international hydrogen supply chain. The agreement marks Japan’s first bilateral deal covering hydrogen production and development as the […]

Aramco Cuts April Oil Pricing to Mediterranean on OPEC+ Caution
Crude Oil News

India to buy 36 per cent less oil from Saudi Arabia

April 7, 2021 Stu Turley

The government has decided to reduce oil imports from Saudi Arabia by a whopping 36 per cent in May, news agency Reuters reported quoting sources. The decision comes even after the Kingdom supported the idea of boosting […]

Crude Oil News

Iraq Denies UAE Firm’s Claim U.S-Seized Iranian Oil Cargo Was From Baghdad

March 18, 2021 Stu Turley

Iraq’s state oil marketing firm SOMO denied a claim by Fujairah International Oil & Gas Corp of the United Arab Emirates (UAE) that an oil cargo, which the United States seized alleging that it carried Iranian crude […]

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