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Gas cuts to hit steel production in Turkey

Turkish steel industry's problems exacerbated by natural gas restrictions...

Saudi Arabia launches Korean green hydrogen project

Three major Korean companies will jointly promote a green hydrogen production project based on new and renewable energy sources in Saudi Arabia....

Israel orders three Dakar-class submarines from Germany

A large order went to the German concern ThyssenKrupp....

Saudi Arabia kicks off one of the largest sustainable hydrogen projects in the world

German technology group thyssenkrupp has signed a contract to install a 2 GW electrolysis system for Air Products at NEOM....

Ukrainian stainless pipes will be used in desalination projects in the Middle East

The Nikopol stainless pipe manufacturer Centravis enters the Qatar market by signing a distribution agreement with Qatar's Petro-Q, serving the...

Qatar has declared its inability to "bring down" world gas prices and urged to prepare for the worst

Qatar, the world's largest trader of liquefied natural gas (LNG), told consumers it was powerless to lower energy prices after UK steelmakers said...

Stocks of uranium enriched to 20% in Iran exceeded 120 kilograms

Iranian officials talk about 20% enriched uranium. Above this level, uranium is considered highly enriched and can be used for military purposes....

UAE to become first country in the Middle East with zero CO2 emissions by 2050

The announcement comes amid plans by state-owned Adnoc in Abi Dhabi to increase production capacity from just over 4 million barrels per day to 5...

Turkey boosts chances of smelting record 40 million tonnes of steel in 2021

In the near future, Turkey expects to maintain the 7th place in the list of the world's largest steel producers and will continue to improve its...

United Arab Emirates hopes to end US steel import duties soon

In the UAE, steel production is represented by the only integrated producer Emirates Steel, which recently received government support in the form...

Iran could mislead World Steel Association for propaganda purposes - Iran International

Over the past three months, steel production in Iran has fallen by half amid problems in Afghanistan, a shortage of electricity and restrictions on...

UAE energy and metallurgists begin project to produce the first "green steel" in the region

TAQA and Emirates Steel signed an agreement to develop a large-scale green hydrogen steel project and optimize production....

Pakistani coal mine explodes: there may be several fatalities

Coal mines in Baluchistan province are notorious for accidental explosions that have killed many people....

King of Saudi Arabia by his decree lowered domestic gasoline prices to $ 0.60 per liter

The Saudi Arabian authorities are concerned about rising inflation and rising costs of living for citizens, and intend to revive economic growth....

Iran's decision to produce uranium metal could drive up oil prices

The likelihood that international sanctions will not be lifted from Iran is very high. The continuation of the sanctions restrictions will not allow...

Emirates Steel, a leading steel company in the Middle East, is acquired by Arkan Building Materials Company

The deal will allow Arkan Building Materials Company to become the starting point for investment in the core sector of the region's economy, playing...

Iran will allow IAEA experts to continue work

The IAEA Director General Rafael Mariano Grossi and Ali Akbar Salehi, the country's vice president and head of the Iranian Atomic Energy...

At least nine people were injured in an explosion at a pyrotechnics plant in Iran

At least nine people were injured early in the morning as a result of an explosion and a fire at a chemical plant and a pyrotechnic factory in...

Israel launched ground and air attack on the Gaza Strip

Israeli Prime Minister Benjamin Netanyahu said that the army will force Hamas "to pay a very high price."...

The largest oil company in the world has increased its net profit by a third

The recovery in global oil demand in the first quarter helped Saudi Aramco perform well....

Iran is satisfied with the reaction of the world community to 60% enrichment of uranium

Iranian diplomacy notes the growing understanding between the parties to the nuclear deal after the start of uranium enrichment to 60%....

UAE partners with Japan's iSpace to send Rashid rover to the moon in 2022

This project is a key part of the United Arab Emirates' space exploration strategy....

Uranium enrichment plant in Iran crashed a couple of hours after launch

It is not yet clear whether this could be related to cyberattacks periodically encountered by Iranian nuclear facilities....

Iran released detained South Korean tanker and its captain - Ministry of Foreign Affairs of the Republic of Korea

South Korean oil tanker Hankook Chimi was stopped on the morning of January 4 due to violation of environmental protocols by the Iranian navy....

Suez Canal Crisis Completely Resolved by the Efforts of the Egyptians - Abdel Fattah al-Sisi

It was possible to remove the vessel from the shallows after the rescue teams recovered 27 thousand cubic meters. m of sand in which the container...

Dutch company Boskalis plans to float a vessel in the Suez Canal on Monday

Royal Boskalis Westminster N.V. is a Dutch dredging and heavy lift company that provides marine infrastructure construction and maintenance services...

Lockdown of the Suez Canal will last until at least April 1: it could drive up steel prices

A giant container ship, nearly the size of New York's Empire State Building, stuck in a sandstorm in the Suez Canal in Egypt, causing a congestion of...

Abu Dhabi invests around £ 5 billion in the UK economy

The British Prime Minister has instructed the government to remove any obstacles to potential investment in the United Kingdom. The oil-rich Persian...

Saudi Aramco's net profit almost halved in 2020

Saudi Aramco's profits in 2020 were $ 49 billion, nearly half of $ 88.2 billion in 2019 and almost three times less than $ 111.1 billion in 2018....

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