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Offshore Wind Power
Middle East Has Around 1,400 GW of Offshore Wind Power Potential
Significant investments are needed to unlock the potential 1,400 gigawatts of offshore wind in the Middle East and North Africa.In its latest report, the World …
Oil & Gas Trade
India's May Oil Imports: Russia at Record High, Saudi Lowest in 10-Mth
A crude oil tanker sails in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel/File Photo Purchase Licensing RightsIndi…
Oil & Gas Trade
Nextdecade, Saudi Aramco Sign 20-Year LNG Supply Deal
Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Purchase Licensing RightsU.S. liqu…
Renewable Energy
Saudi Arabia's PIF Plans to Invest $15 Billion in Brazil, Says Brazilian Minister
Saudi Arabia's Public Investment Fund (PIF) intends to invest some $15 billion in Brazil, in areas such as green hydrogen, infrastructure and renewable ener…
Renewable Energy
IEA Expects Global Clean Energy Investment to Hit $2 Trillion in 2024
A drone view shows bifacial 540 W solar panels at a solar panels park by energy supplier Enel Green Power, in Trino, Italy, March 5, 2024. REUTERS/Claudia Greco…
Oil & Gas Trade
Sinopec Unit Agrees $1.1 Bln Deal to Build Gas Pipelines for Saudi Aramco
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July …
LNG
Saudi Aramco Holding LNG Talks With US Firms Tellurian, Nextdecade, Sources Say
A helmet with logo of Saudi Aramco is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov Purchase Licensing RightsOil…
Oil & Gas Trade
US Could Boost Rate of Replenishing Oil Reserve, Energy Secretary Granholm Says
U.S. Secretary of Energy Jennifer Granholm listens to questions from the audience during the PR100 event in Orocovis, Puerto Rico, March 28, 2023. REUTERS/Gabri…
Nuclear Power Plant (NPP)
Turkey's IC to Bid for Work on More Nuclear Plants, CEO Says
Turkey's IC Holding wants to build the country's second and third nuclear plants and is looking at winning more construction contracts abroad, particula…
Offshore Wind Power
Saudi Arabia Signs One of the Cheapest Wind Power PPAs in the World
The state-owned Saudi Power Procurement Company will purchase electricity from two planned wind farms in Saudi Arabia (Al Ghat with 600 MW and Wa’ad Al Sh…
Oil & Gas Trade
Aramco Completes Acquisition of 40% Stake in Gas & Oil Pakistan
At the closing ceremony are GO CEO Khalid Riaz, sitting left, and Aramco Director of International Retail Nader Douhan, sitting right. Standing, from left, are …
Oil Price
Preview Saudi Arabia May Cut July Oil Prices to Asia for First Time in 5 Months
General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/file photo Purchase Licensing Rig…
Energy-Eficient Building
New Initiatives Target Energy Efficiency Growth in Saudi Arabia
The Saudi government has unveiled eight new initiatives to boost energy efficiency, targeting sustainable economic growth and lower carbon emissions.The new ini…
Photovoltaic (PV)
Italy's Solar Power Capacity Rises to 32 GW, Large Projects Jump in Q1
A solar panels array, part of the renewable energy community of Politecnico di Milano is seen in Milan, Italy, April 8, 2024. REUTERS/Claudia Greco/File Photo P…
Offshore Wind Power
Marubeni Secures 1.1 GW Wind Power Deal in Saudi Arabia
The Power Purchase Agreement (PPA) covers two projects, which will contribute 1.1 GW of wind energy to the national grid.One of Japan’s largest trading an…
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