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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…
Oil Exploration
New Task for Equinor to Handle Nonconformities at North Sea Platform
After conducting an audit of Equinor and its management of working environment risk on a platform in the Norwegian sector of the North Sea, Norway’s offsh…
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)…
Oil & Gas Trade
Saudi Arabia, UAE and Allies Announce Surprise Oil Production Cuts
Saudi Aramco's Ras Tanura oil refinery and oil terminal. Opec+ members Saudi Arabia, the UAE, Iraq, Kuwait and Algeria have agreed to voluntary oil producti…
Electric Car
2024 Audi Q8 E-tron Coming to Us This Summer; Starting Msrp $74,400
Audi is making a clear statement that the 2024 Q8 e-tron is its flagship electrified SUV. The new 2024 Audi Q8 e-tron (earlier post) has been refined with incre…
Oil & Gas Technology
Saudi Aramco Buys 10% Stake in China’s Rongsheng Petrochemical in $3.6BN Deal
Aramco will supply 480,000 bpd of Arabian crude oil to Rongsheng affiliate Zhejiang Petroleum and ChemicalSaudi Aramco said the deal with Shenzhen-listed petroc…
Solar Technology
Bodet Time Gives Concrete Expression to Its Eco-Design Approach by Launching the Profil 930 L Solar Clock, Providing a Fully Autonomous Energy Supply
A solution designed with the photovoltaic technology of ASCA, an ARMOR GROUP companyAs international leader in time display, time and audio systems synchronisat…
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