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OPEC
U.S. Officials Promised Saudis It Wouldn’t Let Oil Market Collapse
U.S. officials told Saudi Arabia prior to the OPEC+ meeting that it would help stave off a collapse in the oil market by buying oil at $75 per barrel to repleni…
OPEC
Saudi Aramco to Maintain Full Oil Supplies to Asia in Nov Despite OPEC+ Cuts
Saudi Aramco has told at least seven customers in Asia they will receive full contract volumes of crude oil in November ahead of the peak winter season.
OPEC
Saudi Aramco to Keep Full Oil Supplies to N. Asia in Nov Despite OPEC+ Cuts
Saudi Aramco has told at least five customers in North Asia they will receive full contract volumes of crude oil in November
Natural Gas
Saudi’s ACWA Power, Senegal to Develop Desalination Facility, Natural Gas Plant
The project will be located in Sub-Saharan Africa.
Thermal Plant
Doosan Enerbility EPC Contract for KSA Cogeneration Plant
Doosan Enerbility & Korea Electric Power Corporation sign contract for construction of a power plant which will supply electricity for Jafurah Gas Field.
Net Zero Emission
Saudi Arabia Launches Five Renewable Energy Projects
The new wind and solar farms will have a total capacity of 3,300 megawatts
Natural Gas
Why the World Needs to Invest in Fossil Fuels
The CEO of Saudi Aramco made headlines this week when he once again highlighted the need for more investment in oil and natural gas.
Cyberattacks Are a Major Risk for the World’s Largest Oil Company
Cyberattacks are among the greatest risks Saudi Aramco faces these days, Amin Nasser, president and chief executive officer at the world’s biggest oil firm, sa…
Crude Oil
Oil Climbs on Prospect of OPEC Supply Cut, Demand Growth
UAE, Oman back Saudi view on possible output cut
Crude Oil
Oil Jumps Nearly 4% On Possible OPEC+ Supply Tightening
Oil prices surged by nearly 4% on Tuesday after Saudi Arabia floated the idea of OPEC+ output cuts to support prices in the case of returning Iranian crude and …
Wind Farm
Saudi Arabia Is Planning to Build the World’s Largest Wind Farm in Uzbekistan
Saudi Arabia has promised as much as $14 billion in investments in Uzbekistan, with $12 billion earmarked to address ongoing energy shortages.
Oil Price
Oil Prices Rise After Saudi Says OPEC Could Cut Output
Oil prices edged up on Tuesday, after Saudi Arabia warned that OPEC could cut output to correct a recent drop in oil futures.
Wind Farm
Saudi Arabia’s ACWA Power Expands in Uzbekistan
The company seeks to develop gas-to-power, renewable energy, and green hydrogen.
Wind Farm
Uzbekistan and ACWA Power Sign $1Bn Clean Energy Agreements
Saudi Arabian power company ACWA Power has signed three energy agreements with Uzbekistan’s Ministry of Energy totalling $12 billion.
Crude Oil
Saudi Aramco Profit Soars on Higher Prices and Refining Margins
State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining ma…
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