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Saudi arabia
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…
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.
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.
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