Saudi government entities awarded more than SAR6.5 billion ($1.7 billion) of contracts in January, led by housing, infrastructure and industry. More than half the value of the...... continue reading
BYD Energy Storage has signed a landmark agreement with Saudi Electricity Company for the development of energy storage projects with a total capacity of 12.5 GWh, marking the largest energy...... continue reading
EDF Saudi Arabia and TAQA Geothermal Energy Company have signed a strategic Memorandum of Understanding (MoU) to collaborate on geothermal energy technologies including power generation and HVAC applications as well...... continue reading
He expressed optimism about Saudi Arabia’s progress, highlighting that his investments span various sectors, including tourism, hotel management, commercial real estate, industrial projects, etc. The Crown Prince possesses boundless energy, and...... continue reading
The International Energy Agency estimates that OPEC's total spare capacity is 5.3 million bpd, of which 3.1 million bpd is held by...... continue reading
With global interest in hydrogen accelerating, he sees the project as especially well placed to capitalize on Saudi Arabia’s natural advantages. “We have the scale, location, and the partnerships in...... continue reading
Strategic inbound and domestic M&A activity in the region surged 88 per cent year-on-year to reach $36 billion during the first 10 months of 2024, according to new...... continue reading
The United Arab Emirates wants to build and consult on nuclear projects around the world, with the US as the fastest-growing market, the head of the country’s state-owned nuclear company...... continue reading
Wall Street expects U.S. oil and gas companies to keep a lid on spending in 2025 and keep their focus on generating...... continue reading
Saudi Arabia, the UAE, and other Gulf Cooperation Council countries are both highly vulnerable to the effects of climate change and exceptionally well placed to become the most important global...... continue reading
