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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…
Hydrogen Production
Aramco and Sabic Agri-Nutrients Certified for Blue Hydrogen and Ammonia Production
Germany's TUV Rheinland, an independent certification agency, awarded accreditation
SINOPEC
Saudi Aramco Signs Deal With China’s Sinopec to Boost Collaboration in New Projects
The two companies will look for opportunities in the kingdom's oil and gas sector.
OPEC
Saudi Arabia May Push for Higher OPEC Production
Fox News: Saudi Arabia is reportedly planning to advocate for higher production at the upcoming OPEC+ meeting.
Oil Price
Saudi Arabia’s Economy Grows 12% In Q2 on High Oil Prices
Saudi Arabia recorded a GDP growth rate of 11.8 percent for the second quarter, driven by a 23.1-percent rise in oil income, according to preliminary data cited…
Net Zero Emission
Saudi Crown Prince Touts Vertical Living in NEOM’s Zero-Carbon City
The zero-carbon city that Saudi Arabia plans to build at NEOM will vertically layer homes, offices, public parks and schools within a mirrored facade stretching…
OPEC
Putin Calls Saudi Crown Prince to Discuss Oil Market, OPEC+
Putin and MBS discuss OPEC+ and oil markets in phone call.
Oil Price
Oil Rallies on Supply Fears and Tight Market
A force majeure declaration by Russia's Gazprom and a disruption to the Keystone pipeline between Canada and the US have boosted crude prices
Worley Wins Unconventional Work From Aramco
New contracts cover gas projects in Saudi Arabia and out-of-kingdom
OPEC
OPEC+ to Assess Oil Market, Take Necessary Steps: Saudi FM
Saudi Arabian Foreign Minister Prince Faisal bin Farhan Al-Saud said that oil was not discussed at a U.S.-Arab summit held on Saturday, and that OPEC+ would con…
Saudi Arabia
Saudi Arabia: No Additional Capacity to Increase Oil Production Beyond 13 Million Bpd
The kingdom said it is targeting production capacity of 13 million bpd by 2027
South Korea
South Korea, Saudi Eye Energy Cooperation
They discussed opportunities in the energy supply chain and hydrogen.
Crude Oil
Macron Tells Biden That Uae, Saudi Can Barely Raise Oil Output
Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron on Monday said he ha…
Solar Power Plant
Saudi Arabia to Host World’s Largest Solar Process Heat Plant
Saudi Arabian Mining Company and industrial solar steam specialist GlassPoint have signed a Memorandum of Understanding to develop the world’s largest solar pr…
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