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Renewable Energy
Brics Expansion to Transform Bloc Into a Global Renewable Leader
The planned expansion of the Brics bloc, through the addition of six members, will transform the group into a global leader in renewable energy in the coming de…
Electric Vehicles
Lucid (Lcid) Obtains License to Begin EV Production in Saudi's Economic Megacity
California-based EV startup Lucid Motors (LCID) just gained its operating license to begin EV production in one of Saudi Arabia’s special economic zones.S…
Oil & Gas Trade
Oil and Gas Driller Ades Draws Orders Worth $76BN for $1.2bn IPO
ADES conducts business in seven countries with a fleet of 85 rigs. Credit: James Jones Jr/Shutterstock.Oil and gas drilling company ADES has received orders wor…
Oil & Gas Supply
Kenya Extends Oil Supply Agreement With Three Gulf Companies
Kenya has extended an oil supply deal with three Gulf-based companies, which is designed to manage demand for dollars, the energy regulator said on Tuesday.The …
Electric Vehicles
Volvo to End Diesel Car Production by Early 2024
Volvo reveals their new Volvo EX30 fully-electric small SUV vehicle during an event in Milan, Italy June 7, 2023. REUTERS/Claudia Greco/File Photo Acquire Licen…
Electric Vehicles
Tesla and Saudi Arabia in Talks for EV Factory With Cobalt From Drc on the Line, Says Report (Musk Denies)
According to a new report from the Wall Street Journal, Tesla and Saudi Arabia are in early talks about building an electric vehicle factory in the country, and…
Crude Oil
Saudi Energy Minister Says OPEC+ Cuts Were Needed to Stabilize Oil Market
Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks during 10th Arab-China Business Conference in Riyadh, Saudi Arabia, June 11, 20…
Oil Field
Qatargas Changes Name to Qatarenergy LNG
Qatargas is changing its name to QatarEnergy LNG, parent company QatarEnergy said in a statement on Thursday.It currently operates 14 LNG production trains and …
Ammonia
ACWA Power Forges Green Energy Partnerships With Chinese Firms
Saudi Arabia’s ACWA Power has inked memorandums of understanding (MOUs) with two prominent Chinese companies. These agreements encompass a wide spectrum o…
Hydrogen Production
Hydrogen Egypt Expands to Saudi Arabia
Hydrogen Egypt is eyeing expansion into the Saudi Arabian market. Engineer Khaled Naguib, Chairman of the Board of Directors of Hydrogen Egypt, revealed that th…
Power Construction
EDF, Masdar Win 25-Year Saudi Power Deal for Resort on Red Sea
A cyclist passes a giant billboard advertisement for the Saudi Arabian tourist board on Sheikh Zayed Road in Dubai, United Arab Emirates, on Friday, Oct. 18, 20…
Carbon Capture
Adnoc to develop one of Mena’s largest carbon capture projects
Adnoc headquarters in Abu Dhabi. Last month, Adnoc and US company Occidental signed an agreement explore carbon capture opportunities. APAdnoc will develop one …
Solar Power Plant
Chinese Solar Firm Eyes Saudi Arabia for First Foreign Plant
Source: BloombergNEF(Bloomberg) -- China-based solar sector supplier GCL Technology Holdings Ltd. is in advanced talks with Saudi Arabia about opening its first…
Green Hydrogen
Italy's Eni and Saudi Acwa Power Sign Accord to Develop Green Hydrogen Project
Italian energy company Eni headquarters is seen in Rome, Italy September 30, 2018. REUTERS/Alessandro Bianchi/File Photo Acquire Licensing RightsItaly's Eni…
Renewable Energy
Italy's Eni Plans to Invest $7.7 Billion in Egypt
Italian energy giant Eni plans to invest some $7.7 billion in Egypt within the next four years, according to Egyptian Presidential spokesman Ahmad Fahmi.This ca…
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