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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…
EV Market
How India Will Try To Turn 200 Million Vehicles Electric In Just Six Years
In September 2017, India’s Minister of Road Transport and Highways provoked outrage when he told an audience of carmakers that he would require all of India’s…
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…
Solar Power Plant
Saudi Arabia’s 300MW Sakaka PV Solar Plant Connected To Main Grid
The PV facility was completed a month and a half ahead of schedule by Saudi energy company ACWA Power. The project will sell power at $0.0236/kWh.
SWCC Awards EPC Contract For Water Network Project In Saudi Arabia
State-owned SWCC is responsible for developing and operating power and desalination plants and supplying various regions in the Kingdom with desalinated water.
Microgrid
ACWA Connects Sakaka Solar Plant to Saudi Arabia’s Electricity grid
ACWA Power has successfully connected the Sakaka Solar PV Plant in the Kingdom of Saudi Arabia (KSA) to the national electricity grid.
Solar Power Plant
300MW Solar Plugs into Saudi Grid
ACWA Power has commissioned Saudi Arabia’s first grid-connected renewable energy plant.
ABB to Install Its Premier Automation System at SABIC in Jubail, Saudi Arabia
Leveraging ABB Ability™ System 800xA, SABIC will apply ABB’s integrated automation, control and safety solutions to the company's Utilities Park and Pilot pro…
Solar Power Plant
ACWA Power wins 900-MW Dubai Solar Project with USD-16.95/MWh Bid
The Dubai Electricity and Water Authority (DEWA) has picked a consortium led by Saudi Arabia’s ACWA Power as preferred bidder to build and operate a 900-MW sol…
Saudi-led Group Lined up for Dubai PV Giant
ACWA Power and Gulf Investment Corp to build phase four of Mohammed bin Rashid Al Maktoum solar farm
Saudi Sakaka Solar Project to be Launched Before End of Year -State News Agency
Saudi Arabia’s Al Jouf region will launch its first renewable power project before the end of the year, according to the state news agency.
Oil & Gas Trade
Oil Demand could Peak in 20 years, Says Saudi Aramco IPO Prospectus
A second scenario in the Saudi Aramco prospectus assumes a faster transition away from fossil fuels that leads to peak oil demand occurring in the late 2020s.
Oil & Gas Trade
China to Remain a Battle Ground for Saudi Aramco, Russian Crude Suppliers
China has been relying heavily on Saudi Arabia and Russia for its refinery feedstock requirements over the recent years, with both producers constantly switchin…
Saudi Aramco Targets Sale of 0.5% of Oil Firm to Retail Investors in IPO
Saudi Aramco is looking to sell up to 0.5% of the state oil giant to retail investors in its planned initial public offering (IPO), three sources familiar with …
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