Al Tahaluf, a Saudi-US joint venture comprising a subsidiary of Hovnanian Enterprises and Hamad bin Saedan Real Estate Company, has unveiled its SAR1.07 billion ($291 million) residential community project - Soleya - within the King Abdullah Economic City (KAEC).
Saudi-based Front End Limited Company has joined hands with US-based mobile fuel expert, Booster Fuels, to launch its revolutionary mobile fuel delivery services across the kingdom. It will start with an initial pilot phase in Dammam city.
US production of associated dissolved natural gas, also known as associated natural gas, increased by 6 per cent last year, mirroring the growth in crude oil production from the Permian region.
Saudi oil giant Aramco has announced 17 MoUs and agreements with a potential total value of more than $30 billion with major companies in the US, through its Aramco Group Companies. These are aimed at supporting Aramco’s strategic growth objectives while enhancing its shareholder value.
Terra-Gen, one of the largest independent, integrated renewable energy producers in the US, jointly owned by Masdar and Igneo Infrastructure Partners, announced the commissioning of the Monte Cristo I Windpower Project.
US direct investment in Dubai reached AED14.3 billion ($3.89 billion) in the first half of 2025, which is double of the total US investment in the emirate during 2024, Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, has said.
Topsoe, a provider of advanced technology and solutions for the energy transition, has been selected to deliver three of its advanced technologies, as well as catalysts and equipment, for NXTClean Fuels’ Port Westward project in Clatskanie, Oregon.
Two Indian refiners have purchased 5 million barrels of crude oil from spot markets, seeking alternatives to Russian supplies. Hindustan Petroleum acquired 2 million barrels each of US West Texas Intermediate and Abu Dhabi's Murban crude, while Mangalore Refinery and Petrochemicals bought 1 million barrels of Basra Medium crude.
The US Energy Information Administration (EIA) forecasts in its October Short-Term Energy Outlook (STEO) that US crude oil production will average 13.5 million barrels per day (mmb/d) in both 2025 and 2026, both slightly higher than the agency’s September forecast.
Samsung E&A has announced that its US office, Samsung E&A America, signed a $475 million (Engineering, Procurement, and Fabrication (EPF) contract for the US Wabash Low-Carbon Ammonia Project with Wabash Valley Resources.
