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Solar Power Plant
ACWA Power Signs Ethiopian Photovoltaic Power Purchase Agreement
ACWA Power has signed a power purchase agreement with state-owned power generator Ethiopian Electric Power to sell electricity for $ 25.26 / MWh (€ 22.26 / MWh…
Cabinet Approves Renewable Energy Cooperation Agreement with Saudi Arabia
The memorandum of understanding involves upgrading the level of technologies and their applications in the field of renewable energy.
Electricity Transmission
GE to Deliver Turnkey Grid Substation to Saudi Plant
The plant, which will provide fresh water for over 1.8 million people, is expected to be completed in 2021.
Energy Storage Battery
Tungsten Disulfide Increases 17% Efficiency Of Organic Solar Cell
Researchers at Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) claim they have significantly increased the efficiency of organic sola…
Saudi Arabia and France Agree to Build Solar Plant Systems
Saudi Arabia’s Al Rushaid Group, whose interests span construction and engineering sectors, signed a joint venture agreement with France’s Optimum Tracker to …
Aramco Stocks Give up about Half of Gains since Debut
Saudi Aramco shares extended their losses for a fourth session, reversing about half the gains accumulated from the rally following its historic trading debut.
Crude
Saudi Aramco Arrive in Syria’s Oil Fields
Sources have disclosed that the Saudi Arabian Oil Company, commonly referred to as Aramco, has sent a delegation of experts to discuss investment opportunities …
Oil & Gas Trade
Aramco Floats to Become the World’s Most Valuable Company
Saudi Arabia’s state-owned oil company, Saudi Aramco, officially became the world’s most valuable company yesterday, after its floating on Riyadh’s stock exc…
Crude
Saudi Aramco Replaces Apple as World’s Largest Listed Company
Saudi Arabia’s oil company Aramco gained 10 per cent in its first moments on the stock market on Wednesday in a dramatic debut that held until closing and push…
Nuclear Technology
U.S. Defence Policy Bill Requires Nuclear Power Inspections for Saudi Arabia
The measure, spearheaded by Democratic U.S. Representative Bradley Sherman, requires countries to sign the so-called Additional Protocol.
Oil & Gas Trade
Saudi Aramco Oil Firm Starts Trading after Record £19.5bn IPO
Saudi Arabia’s oil company Aramco has started trading on the Saudi Tadawul stock exchange for the first time after a 25.6 billion dollar (£19.5 billion) initi…
Oil Price
Oil Surges as Saudis Surprise with Pledge of Additional Cuts
Oil in New York posted the biggest weekly gain since June after Saudi Arabia surprised the market with a significant supply cut beyond what was agreed to with f…
Oil Price
Oil Steady After OPEC+ Members Agree Deeper Output Curbs
Crude prices held firm in Asia on Monday after OPEC and its allies agreed to enlarge production cuts and Saudi Arabia said it would go even further with its own…
Oil&Gas Drilling
Saudis to Push for Extension of Oil-Production Cuts at OPEC Meeting
Saudi Arabia will push for an extension of oil production cuts through mid-2020 at a producers’ summit this week in an effort to prop up Saudi Aramco’s initia…
Thermal Fuel
Diesel Generator Sets to Power Bangui in Central African Republic
The project is funded by the Saudi Development Fund (FSD) under the umbrella of the CAR Ministry of Economy, Planning and Cooperation, and contracted to TRAGADE…
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