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Saudi Arabia
Oil & Gas
Saudi Arabia’s Crude Oil Exports Dropped in H1 by 20%
Saudi Arabia could not ship more crude oil in the first half as it voluntarily restrained output under OPEC+ production-cut agreement; however, high oil prices
Solar
Aramco Company Joins $900MM+ Solar Project
ACWA Power has revealed that Saudi Aramco Power Company, a fully owned company of Saudi Aramco, has joined the Sudair Solar plant consortium.
Solar
Saudi Aramco Joins Local 1.5 GW Solar Project with a 30% Stake in Renewables Push
Saudi Aramco is investing, alongside the country's sovereign wealth fund and Riyadh-based ACWA Power, in the oil exporter's largest solar project with a capacit
Oil & Gas
Aramco Posts Nearly 300% Leap in Second-Quarter Profit as Oil Demand Recovers
Saudi state oil giant Aramco reported a stunning 288% increase in net income to $25.5 billion for the second quarter, while maintaining its dividend of $18.8 bi
Wind Power
Saudi Arabia’s First Wind Farm Begins Electricity Production
Dumat al-Jandal, the region’s largest wind farm, has been connected to the grid and began producing carbon-free electricity.
Oil & Gas
Saudi Aramco Hikes Oil Prices to Asia for Second Consecutive Month
The pricing of Saudi crude oil generally sets the trend for the pricing for Asia of other Gulf oil producers such as the United Arab Emirates, Kuwait, Iraq, and
Oil & Gas
Saudi Arabia's Oil Exports Climb 147 per cent to $16 billion in May
The value of Saudi Arabia's oil exports in May increased 147 per cent to just over 60 billion riyals from a year earlier while non-oil exports rose by 70 per ce
Oil & Gas
Value Of Saudi Oil Exports Jumps 147% In May
Higher oil prices and higher exports resulted in a 147-percent jump in the value of Saudi Arabia’s oil exports in May 2021 compared to May 2020。
Power Grid
Saudi Arabia Seeks To Boost Electric Grid With New Funding
A Japanese bank syndicate $500mn will be used to make the Saudi electricity sector more sustainable and aligned to the national economic goals
Oil & Gas
Saudi, Oman Call for Continued Oil Cooperation Between OPEC and Allies
Saudi Arabia and Oman called on Monday for continued cooperation between OPEC and other allied producers to stabilise and balance the oil market.
Energy Economy
Saudi Arabian Solar: How the State has Invested in Overseas Solar Projects
ACWA Power has invested in some of the world’s largest solar projects, including the Redstone facility and the Kom Ombo plant.
Hydrogen
Saudi Arabia Aims To Dominate The Global Hydrogen Market
While Saudi Arabia continues to develop its oil industry, it is not shying away from alternative energy options, with state-owned Aramco now heavily investing i
Hydrogen
Saudi Arabia's 1st Hydrogen Fueling Station
Aramco and Air Products have recently inaugurated the first and only hydrogen fueling station in Saudi Arabia at Air Products' new Technology Center in the Dhah
Energy Economy
Aramco Closes $12.4bn Pipelines Deal with EIG-led Consortium
Sale of a 49% stake in Aramco Oil Pipelines attracted investors from North America, Asia and the Middle East
Energy Efficiency
HanmiGlobal Lands Project Management Order for Smart City Construction in Saudi Arabia
HanmiGlobal, a construction project management company, announced on June 1 that it has won a PM order for the Neom Smart City project in Saudi Arabia.
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Saudi Arabia’s Economy Grows 12% In Q2 on High Oil Prices
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Saudi Arabia May Push for Higher OPEC Production
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South Korea, Saudi Eye Energy Cooperation
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Saudi Aramco Signs Deal With China’s Sinopec to Boost Collaboration in New Projects
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Saudi Aramco Signs 10 Agreements with South Korean Companies to Advance Co-Operation
