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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…
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…
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…
Power Construction
Saudi-Iraqi Power Interconnection Project Gets Boost
The project is part of the broader cooperation between Saudi Arabia and Iraq, aimed at improving reliability of the electrical networks in the two countries, en…
Energy Technology
33.2%! Kaust Team Sets World Record for Tandem Solar Cell Efficiency
Researchers at the King Abdullah University of Science and Technology (KAUST) Photovoltaics Laboratory (KPV-Lab) of the KAUST Solar Center, a leading institute …
Energy Saving
Researchers Claim New World Record for Tandem Solar Cell Efficiency
Crystalline silicon solar cells dominate the global photovoltaic market with module efficiencies of around 20-22%. However, the field of solar energy is wanting…
Hydropower Plant
Saudi Provides $240 Million for Pakistan Hydro-Power Dam
The project will "contribute to Pakistan's energy security, increase sustainable water supply for agriculture and human consumption and improve resilience to fl…
Solar Power Plant
Red Sea Global Unveils Ambitious $1.5BN Carbon-Neutral Utility Project in Saudi Arabia
Renewable energy for the project will be provided through a solar PV plant with a 340MW capacity, as well as a 1,200MW BESS (battery energy storage system), and…
Oil Exploration
Fresh Batch of Offshore Contracts Brings Saipem $650 Million
Italian oilfield services provider Saipem has been awarded three new offshore engineering, procurement, construction and installation (EPCI) contracts and two f…
Crude Oil
Surprise Move: OPEC+ Announces Deep Production Cuts to Stabilise Crude Markets
Together with Russia’s announced production cuts, Opec+ move spells output cuts of 1.6 million barrels per daySaudi Arabia, the United Arab Emirates (UAE)…
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