First Solar said it has signed an agreement to supply its photovoltaic (PV) modules to power the 200 megawatt (MW) AC second phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai, UAE.
Iran Khodro has signed an agreement with two local universities to produce hybrid and electric cars, with the first models expected to roll down the production line in the next three years.
If the United States does not lift its 40-year ban on crude exports, Iran could soon be competing in global markets that would be mostly shut to U.S. oil companies
State oil giant Saudi Aramco is considering whether to close its 90,000 b/d crude oil refinery in Jeddah after several years because of age and environmental concerns
Nama Group has launched a conservation campaign through its social media as a first step to larger scale campaign which will continue to run till the end of August.
The start-up of Kuwait's Al Zour crude oil refinery is expected to be delayed after rising construction costs forced state refiner Kuwait National Petroleum Co (KNPC) to seek more money to finance the plant