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Oil Price
Biden’s Trip to Saudi Arabia Won’t Solve the Oil Market’s Problems
Some observers expressed hope that a trip by President Biden to Saudi Arabia could spark more production and bring prices down.
OPEC
OPEC+ Output Increase Wins It Credit but a Realignment Awaits Beyond August
Modest nature of tweak indicative of mounting challenges for Saudi Arabia and Russia led group including limited ability to raise production
Crude Oil
Oil Jumps After Saudi Arabia Hikes Crude Prices
Oil prices rose more than $2 in early trade on Monday after Saudi Arabia raised prices sharply for its crude sales in July.
Electric Car
Half of All UAE Residents Consider Switching to Electric Vehicles, Survey Finds
Twenty-five per cent are waiting for more EV options to be launched to make a purchase, according to Audi Abu Dhabi
Saudi Aramco Shows Interest in Buying Valvoline’s Commercial Unit
Oil giant Saudi Aramco has approached motor oil and lubricant maker Valvoline Inc to buy its segment that caters to commercial customers, sources familiar with …
Oil Price
Saudi Arabia’s Oil Revenue Expected to Rise 66% To $249BN
Jadwa Investment estimates Riyadh's expenditure to increase by 5% this year.
Geothermal Power Plant
Alliance to Explore Geothermal Opportunities in Saudia Arabia and Beyond
Saudia Arabian TAQA and Reykjavik Geothermal execute an Alliance to explore and identify opportunities for geothermal projects in the Kingdom of Saudi Arabia an…
Hydrogen Production
Hydrogen Systems Announces the Establishment of their New Hydrogen Center of Excellence
Hydrogen Systems has announced the establishment of their new Hydrogen Energy Center of Excellence located in Riyadh, Saudi Arabia.
Solar Power Plant
Acwa Power Selected as Preferred Bidder to Develop Solar Projects in Indonesia
The company plans to develop two floating photovoltaic plants in the biggest South-East Asian economy.
Electric Car
TotalEnergies and Saudi Arabia’s Altaaqa Collaborate on EV Charging Stations in Kingdom
Agreement aims to support reassure car sellers and end-users as they switch to electric vehicles.
Electric Car
Luxury EV Maker Lucid Scores Order From Saudi Government for up to 100,000 Vehicles
Saudi Arabia, a major investor in Lucid, has agreed to buy up to 100,000 Lucid EVs over the next 10 years.
Hydrogen Production
Saudi Arabia in Prime Position for Green, Blue Hydrogen Production: KAPSARC Study
The Kingdom’s hydrogen aspiration is in line with the launch of the Saudi Green Initiative launched in October 2021
Solar Cell
KAUST Team Goes Deep on Perovskite Physics
Researchers at Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) have conducted observations on perovskite solar cells that could help …
Saudi Arabia
Saudi Arabia's Red Sea Tourism Project Counts on Biofuel in Sustainability Push
Developer of mega coastal resort will use generators from Germany's MAN Energy Solutions.
Hydrogen Project
Saudi Arabia Looks to Position NEOM as a Hydrogen Leader
At the first-ever conference devoted exclusively to carbon-free hydrogen in the Middle East and North Africa, participants looked in depth at the technical and …
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