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Saudi arabia
COP29
COP29: Nations Struggle With Fossil Fuel Transition Agreement as Saudi Arabia Poses ‘Wrecking Ball’
People visit the Saudi Arabia pavilion on day eight at the UNFCCC COP29 Climate Conference in Baku, Azerbaijan on Nov. 19, 2024. Sean Gallup / Getty ImagesCOP29…
Battery
A Green Miracle in the Desert
The 1.3 GWh energy storage system uses Huawei’s Smart String Grid-Forming ESS.Upon completion, The Red Sea destination will be a role model tourist develo…
Wind Farm
Masdar, ACWA, and Socar Eye 3.5 GW of Wind Projects Offshore Azerbaijan
Abu Dhabi-based Masdar, Saudi Arabia’s ACWA Power, and the State Oil Company of the Republic of Azerbaijan (SOCAR) have teamed up to explore the developme…
Hydrogen Fuel Vehicle
HySE to Participate in the Dakar 2025 “Mission 1000 ACT2” With the HySE-X2; Progressed Hydrogen Engine From X1
HySE (Hydrogen Small mobility & Engine technology Association) will participate in the Mission 1000 ACT2 of Dakar 2025 (Dakar Rally), which will be held in Saud…
EV Technology
Saudi’s Ceer Partners With Rimac Technology for High-Performance Electric Drive Systems
Ceer Motors, Saudi Arabia’s first electric vehicle (EV) brand, a joint venture between the Public Investment Fund (PIF) and Hon Hai Precision Industry Co. (Fox…
Oil & Gas Trade
ADNOC Awards $196.2m Manufacturing Contracts
ADNOC has awarded contracts worth $196.2m to 11 companies to boost local manufacturing of diverse products across its value chain as part of the ICV programme.T…
Green Hydrogen
Air Products Eyes Expanded Offtake for NEOM Green Hydrogen Plant
Air Products CEO Seifi Ghasemi has announced ongoing negotiations for additional offtake from the 2.2GW NEOM green hydrogen plant in Saudi Arabia, driven by sus…
Saudi Arabia
UAE’s Adnoc Agrees 15-Year LNG Supply Deal With Germany’s SEFE
Abu Dhabi National Oil Co. agreed to sell liquefied natural gas to Germany’s SEFE for 15 years starting 2028, a deal that expands the United Arab Emirates…
Saudi Arabia
Aramco Cuts Oil Prices to Asia for December After OPEC+ Delay
Saudi Arabia lowered oil prices for buyers in Asia for December after members of the OPEC+ producers group said they will push back production increases by one …
Crude Oil
Aramco Keeps World’s Biggest Payout With Saudi Finances Wobbling
The company, majority owned by the Saudi state, is keeping the world’s biggest payout despite increasing signs of stress on earnings. The outlook for oil …
Oil & Gas Trade
Saudi Arabia’s Wafi Energy Holding buys majority stakes in Shell Pakistan
Dubai: Saudi Arabia’s Wafi Energy Holding acquires a majority stake in Shell Pakistan following Shell Petroleum Co., a subsidiary of global Shell plc, com…
Photovoltaic (PV)
Saudi Solar Firm Plans Major Output Boost on Green Energy Push
A Saudi-based solar company is planning a massive jump in its production of panels and cells as the kingdom races to meet its ambitious renewable energy targets…
Decarbonization
ACWA Power Signs $1.7bn Finance And Energy Deals
Saudi utility firm ACWA Power is set to increase its capital by SR7.13 billion ($1.89 billion) as part of its strategy to triple assets under management by 2030…
Oil Price
Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production out
Storage tanks at the BP Plc Cherry Point Refinery near Blaine, Washington, U.S., on Friday, Nov. 19, 2021. Total U.S. oil stockpiles, including commercial inven…
Photovoltaic (PV)
Saudi Arabia’s 3.7 GW Solar Tender Attracts Lowest Bid Of $0.0129/kwh
Saudi Power Procurement Co. (SPPC) announced this week the shortlisted bidders for the final phase of the fifth round of the Saudi Arabian government's Nati…
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