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Energy Saving
Researchers Claim New World Record for Tandem Solar Cell Efficiency
Crystalline silicon solar cells dominate the global photovoltaic market with module efficiencies of around 20-22%. However, the field of solar energy is wanting…
Hydropower Plant
Saudi Provides $240 Million for Pakistan Hydro-Power Dam
The project will "contribute to Pakistan's energy security, increase sustainable water supply for agriculture and human consumption and improve resilience to fl…
Solar Power Plant
Red Sea Global Unveils Ambitious $1.5BN Carbon-Neutral Utility Project in Saudi Arabia
Renewable energy for the project will be provided through a solar PV plant with a 340MW capacity, as well as a 1,200MW BESS (battery energy storage system), and…
Oil Exploration
Fresh Batch of Offshore Contracts Brings Saipem $650 Million
Italian oilfield services provider Saipem has been awarded three new offshore engineering, procurement, construction and installation (EPCI) contracts and two f…
Crude Oil
Surprise Move: OPEC+ Announces Deep Production Cuts to Stabilise Crude Markets
Together with Russia’s announced production cuts, Opec+ move spells output cuts of 1.6 million barrels per daySaudi Arabia, the United Arab Emirates (UAE)…
Oil & Gas Trade
Saudi Arabia, UAE and Allies Announce Surprise Oil Production Cuts
Saudi Aramco's Ras Tanura oil refinery and oil terminal. Opec+ members Saudi Arabia, the UAE, Iraq, Kuwait and Algeria have agreed to voluntary oil producti…
Electric Car
2024 Audi Q8 E-tron Coming to Us This Summer; Starting Msrp $74,400
Audi is making a clear statement that the 2024 Q8 e-tron is its flagship electrified SUV. The new 2024 Audi Q8 e-tron (earlier post) has been refined with incre…
Oil & Gas Technology
Saudi Aramco Buys 10% Stake in China’s Rongsheng Petrochemical in $3.6BN Deal
Aramco will supply 480,000 bpd of Arabian crude oil to Rongsheng affiliate Zhejiang Petroleum and ChemicalSaudi Aramco said the deal with Shenzhen-listed petroc…
Solar Technology
Bodet Time Gives Concrete Expression to Its Eco-Design Approach by Launching the Profil 930 L Solar Clock, Providing a Fully Autonomous Energy Supply
A solution designed with the photovoltaic technology of ASCA, an ARMOR GROUP companyAs international leader in time display, time and audio systems synchronisat…
Oil & Gas Trade
Saudi Aramco Is ‘Doubling Down’ on China’s Energy Supply, Chief Executive Says
The country is expected to import a record amount of crude this year amid an economic reboundSaudi Aramco's chief executive Amin Nasser. Saudi Arabia export…
Saudi Arabia
Saudi Aramco to Start Building China Refinery and Petrochemical Complex
project announced last year will be fully operational by 2026Saudi Aramco, Norinco Group and Panjin Xincheng Industrial Group will start construction of a refin…
Solar Power Plant
ACWA Power Secures PPAs for 1.4 GW of Solar, 1.5 Gwh of Storage in Uzbekistan
ACWA Power says it will develop three PV projects in Tashkent and Samarkand, Uzbekistan. It will also install storage capacity in Tashkent, Bukhara and Samarkan…
Offshore Wind Power
EDF Renewables North America Wins Three Wind Projects Totaling 570 MW in Quebec
Haute-Chaudière, Forêt Domaniale, and Madawaska wind energy projects selected in Hydro-Québec’s calls for tenders.EDF Renewables North America announced tod…
Geothermal Power Plant
TAQA and Reykjavik Geothermal Form Joint Venture
TAQA and Reykjavik Geothermal have formed TAQA Geothermal Energy with the aim of developing geothermal resources in Saudi Arabia.
Oil Price
Aramco’s Profit Soars 46% To Record $161BN on Higher Oil Prices
Aramco oil tanks in Abqaiq, Saudi Arabia. The state energy company will raise crude production to 13 million barrels per day by 2027.Saudi Aramco, the world'…
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