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Oil & Gas
Hyundai Engineering Consortium Wins KRW2tr Gas Plant Project in Saudi Arabia
Hyundai Engineering announced on Nov. 30 that it has won a super-large gas plant construction project worth about 2 trillion won from Saudi Arabia’s state-run
Oil & Gas
Saudi Arabia May Raise January Oil Prices to Asia
Top oil exporter Saudi Arabia may raise crude prices for Asia in January following large gains in the Middle East spot market last month
Energy Economy
Aramco Awards Contracts Worth $10bn to Develop Giant Jafurah Gas Field
The company plans to invest more than $100bn to develop the field that will make Saudi Arabia one of the world’s largest natural gas producers
Oil & Gas
Saudi Retains Top Spot Among China Oil Suppliers
Saudi Arabia has remained China’s number-one crude oil supplier.
Oil & Gas
Opec+ Brought Stability to Oil Markets Through Its Policies, Saudi Energy Minister Says
The group delivered ‘more sustainability and more predictability’ to energy markets
Oil & Gas
Aramco Books 158% Surge In Q3 Net Profit On Higher Oil Prices
Saudi state energy giant Aramco booked a net profit of $30.4 billion for the third quarter of the year, up by 158 percent from the third quarter of 2020 on subs
Energy Economy
Saudi Arabia Signs Direct Investment Pact with UK in ‘Next Step’ for Green Initiatives
Agreement followed green finance roundtable at FII summit in Riyadh
Wind Power
Vestas Plans to Open 400 MW Wind Power Plant in Saudi Arabia
Vestas has more than 70,000 turbines installed globally, replacing 220 million mt of CO2 every year, he said.
Oil & Gas
TotalEnergies Dives Deeper into Saudi Downstream
State-controlled Saudi Aramco and TotalEnergies have launched two new fuel service stations in Saudi Arabia, the first since the pair set up a joint venture to
Energy Storage
Huawei Secures Contract for 1300MWh Saudi Battery Storage Project
Technology company Huawei Digital Power has been awarded a contract to build what is claimed to be the world’s largest battery energy storage system in Saudi A
Oil & Gas
Saudi Oil Minister: OPEC+ Shouldn't Rush To Boost Production
Saudi Oil Minister: OPEC+ needs to remain cautious with its approach to oil production adjustments despite rising prices
Energy Efficiency
Saudi Startup Joins in National Efforts Promote Green Building
As global leaders converge at the Middle East Green Initiative Summit on Oct. 25, the focus will be on new ideas and proposals to replace the wasteful and pollu
Hydrogen
Saudi Arabia to Use $110 billion Natural Gas Field for Blue Hydrogen
A large portion of gas from the $110 billion Jafurah development will be used for blue hydrogen, according to Energy Minister Abdulaziz bin Salman
Climate Change
Saudi Aramco Pledges to Reach Net-Zero Emissions by 2050
Saudi Aramco's target excludes emissions from customers burning its crude, but is a decade sooner than a government timetable for the kingdom
Oil & Gas
Saudi Arabia To Ship Extra Crude Oil To Asia In November
The world’s largest oil exporter, Saudi Arabia, will ship additional volumes of crude to at least three refiners in Asia in November
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