Saudi Arabia

The fully-equipped facility is part of the nation’s commitment to minimising Covid-19 casualties and is scheduled to start operations within 70 days of construction starting

They said Riyadh’s decision to boost oil output has contributed to a disruption in global oil prices on top of already buckling financial markets

The Commission said it would not raise any competition concerns because the joint venture will not be active in the European Economic Area

Energy Minister Prince Abdulaziz bin Salman announced production would be back online to normal levels by the end of the month

The attacks early on Saturday morning knocked 5% off the world’s total oil supply

Prince Abdulaziz bin Salman has been sworn in as the new Minister of Energy – the first time the oil portfolio has been given to a member of the royal family

The 400MW project will also be the largest project of its kind in the Middle East

It is investing in three plants which are expected to begin production in 2025

It will provide technical experts in the fields of environmental law, air quality management and climate change

The Middle Eastern oil giant says it aims to diversify its energy mix and increase grid flexibility