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Crude Oil
Saudi Crude Exports Falling in May After April Jump
Saudi Arabia's crude oil exports have been falling in May, according to figures from two companies that monitor the shipments, as a voluntary production cut…
Nuclear Fusion
DOE Celebrates NIF Ignition by Funding R&D Hubs for Inertial Fusion Energy
Energy secretary Jennifer Granholm addresses an audience of lab staff, dignitaries, and media at LLNL. (Photo: LLNL)Lawrence Livermore National Laboratory hoste…
Hydrogen Production
Aramco Puts Blue Hydrogen Plans on Hold Due to High Costs and Lack of Off-Takers
Saudi oil giant Aramco has announced that it is putting its plans for blue hydrogen on hold due to high costs and the lack of off-takers.Blue hydrogen is produc…
Energy Transition
A ‘Me-First’ Sentiment One of the Greatest Risks to Energy Transition Finds World Energy Council Survey
Image credit: PixabayThe World Energy Council has published results from its latest World Energy Pulse survey, which shows national self-interests as one of the…
Market Analysis
Solar Photovoltaic Market Worth USD 129.86 Billion by 2027 Says Market Statsville Group
The Market Statsville Group (MSG) publishes the new report on the "Solar Photovoltaic Market by Technology (Monocrystalline Silicon, Polycrystalline Silicon, Th…
Ammonia
Sabic Posts Solid Q1 Results, Revenue Surges to $11BN
Saudi Basic Industries Corporation (Sabic), a leading global petrochemicals giant, has reported solid performance for the first quarter despite current market u…
Natural Gas
Middle East Natural Gas Output to Rise More Than 19 per Cent by 2030, Wood Mackenzie Says
Rising exports from the region will have a 'game-changing' effect on global gas markets, consultancy saysIn February, Adnoc delivered the first LNG carg…
Natural Gas
Totalenergies, Sinopec Pitched For Role in Saudi Gas Project
Saudi Arabian oil giant Aramco is in a "listening phase" on proposals from refining giant Sinopec and French oil major TotalEnergies for a slice of a shale gas …
Solar Power Plant
300MW PV Plant Connects to Grid in Rabigh Saudi Arabia by CEEC Guangdong
Recently, the 300 MW photovoltaic power plant built by China Energy Engineering Group Guangdong Power Engineering Co., Ltd. (CEEC Guangdong) in Rabigh, Saudi Ar…
Solar Power Plant
ACWA Power Secures Finance for 200MW Solar Plant in Egypt
The project is targeted to commence commercial operations in January 2024.Saudi Arabia-based developer ACWA Power has signed a $123m financing package for the d…
Electric Vehicles
Audi Global Electric Car Sales Increased 43% In Q1 2023: 34,600
Audi reports that its global car sales during the first quarter of 2023 increased by 7.9 percent year-over-year to 415,700, although they remain significantly l…
OPEC
Putin, Saudi Crown Prince Discuss OPEC Cooperation
(Bloomberg) – Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman talked about OPEC+ cooperation by phone, the Kremlin said.Vladim…
Oil Exploration
New Task for Equinor to Handle Nonconformities at North Sea Platform
After conducting an audit of Equinor and its management of working environment risk on a platform in the Norwegian sector of the North Sea, Norway’s offsh…
Solar Tracker
Arctech Bags 1.5GW Solar Tracker Supply Deal for Major Saudi Project
Arctech said the deal marked the company’s first solar tracking and racking project in the country and a milestone in its increasing presence in the Middl…
Hydrogen Fuel Vehicle
PTT to Make $7 Billion Green Hydrogen Investment With Acwa Power
PTT Group, the Thai state-owned oil and gas conglomerate, plans to invest $7 billion in green hydrogen in collaboration with Saudi Arabia’s renewable ener…
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