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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'…
Solar Power Plant
Saudi Arabia’s Acwa Power to Build Two Solar Plants in Uzbekistan With 1.4GW Capacity
Uzbekistan's capital Tashkent will host one of the new solar power plants, under the deal with Acwa. Photo: flydubaiSaudi Arabia's Acwa Power has signed…
Wind Farm
ACWA Power Inks Major Renewable Development Deal With Kazakhstan Government for 1GW Wind Energy and Battery Storage Plant
ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, has announced a groun…
Power Construction
GE, Samsung C&T, EDF in Race for 7.2GW Saudi Power Projects
Two of the projects will come up in the kingdom's Taiba city, while the other two will be in Qassim citySaudi Power Procurement Company (SPPC) has announced…
Carbon Emissions
Saudi Arabia’s Swcc Partners With Korea’s Carbonco to Advance Carbon Capture and Storage
Carbonco and SWCC will cooperate on the adoption of CCUS technology, which captures carbon from power plants operated by SWCC and utilises it in the seawater de…
Oil & Gas Trade
Italy’s Eni Signs $8 Billion Libya Gas Deal as PM Meloni Visits Tripoli
Eni Chief Executive Claudio Descalzi and National Oil Corporation (NOC) head Farhat Bengdara attend the signing of an agreement between the two companies as Ita…
Natural Gas
Sonatrach Eni: Sign Two Strategic Agreements on Increasing Natural Gas Supply and Reducing Emissions
Toufic Hokkar, president and CEO of Sonatrach Group, and Claudio Descalzi, general manager of Eni, signed two strategic memorandums of intent in Algiers on Mond…
Solar Technology
Saudi Arabia’s Neom Explores Unlimited Solar Power Generation From Space
From attached solar panels unlimited solar energy could be beamed back to the planet using advanced radio technologySaudi Arabia is backing a British firm devel…
World Energy Outlook
Ørsted expects EBITDA excluding new partnership agreements of DKK 21.1 billion for 2022
Ørsted presents operating profit (EBITDA) for 2022 based on preliminary and unaudited reporting.It has been a year with unusual market conditions, not le…
Geothermal Power Plant
Saudia Arabia to Undertake Geothermal Exploration
Mountain Range near Jeddah, Saudi Arabia (source: flickr/ yosoynuts, creative commons)The Ministry of Energy of Saudi Arabia and the Saudi Geological Survey (SG…
Solar Technology
Business Secretary in Talks With Saudi Arabia to Advance Commercial Collaboration in UK Space Based Solar
The UK and Saudi Arabian governments discussed ambitious plans for collaboration in space and innovation, including the potential to invest in the development o…
Uranium Project
Saudi Arabia Plans to Use Domestic Uranium for Entire Nuclear Fuel Cycle, Says Minister
Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman says the kingdom has rich uranium deposits. AFPSaudi Arabia's Minister of Energy Prince Ab…
Oil Price
Further Oil Stock Releases by Iea Member Countries ‘on the Table’
Further releases of oil stocks by International Energy Agency member countries are on the table in the event of market disruptions, the agency's chief energ…
Oil Price
Saudi’s Won’t Let Oil Stay at $75: Pioneer CEO
OPEC is likely to cut oil production again, Pioneer Natural Resources CEO said at a Goldman Sachs Conference in Miami on Thursday.Source: World OilSaudi is not …
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