!["[T]he cost of generating power from these renewable sources will be the lowest in the world," Khalid al-Falih said.](https://www.sustg.com/wp-content/uploads/2014/11/solar-900x663.png)
Europe relied for decades on gas transported through pipelines from Russia. That came to an abrupt end after Russia invaded Ukraine and cut off most of its supply. LNG became...... continue reading
Assuming COP28 pledges to limit global warming are met, both the energy and climate crises would be solved. According to the UN summit’s pled on renewables and energy efficiency, adopted last...... continue reading
Big Oil has delivered a set of remarkable earnings. Without fanfare, ExxonMobil Corp., Chevron Corp. and Shell Plc all did in the fourth quarter what they’d promised: Start new oil...... continue reading
Saudi Arabia's dilemma is faced by many oil exporters who may want to consider whether setting oil production to full throttle might cause a decline in production flows much sooner...... continue reading
“We expect to grow our volumes in 2024 to about 650,000 barrels per day, and then we’re going to continue that growth through to the targets that we’ve laid out...... continue reading
It’s like the entire oil industry of Oman or Angola was turned on and then off again. Saudi Aramco, the state oil giant, said on Wednesday that the Ministry of Energy...... continue reading
Saudi Arabia aims to be at the forefront of environmental protection through initiatives aimed at restoring and maintaining the ecological balance, which promotes harmonious and flourishing ecosystems. Climate action, clean energy,...... continue reading
Exxon Mobil Corp. and Chevron Corp. surpassed earnings forecasts as bigger-than-expected oil output from shale fields helped cushion the blow from weakening crude prices. Exxon rose more than 2% and Chevron...... continue reading
There's no real consensus about why Saudi Arabia ditched plans to raise its max oil pumping capacity — a decision the kingdom has not explained. Some in the energy market's...... continue reading
The Biden administration and American companies are plowing billions of dollars into SMRs in a bid for business and global influence. China is leading in nuclear technology and construction, and...... continue reading
