With over seventy countries setting net-zero commitments by or around mid-century, low-carbon hydrogen (H2) is expected to play a pivotal role in the decarbonization of the global economy, especially sectors...... continue reading
The Islamic Trade Finance Corporation (ITFC) signed an agreement on Monday to provide $1.4 billion to the Bangladesh Petroleum Corporation, Saudi Arabia's state news agency SPA reported. The ITFC, part of...... continue reading
Saudi Arabian renewable energy utility ACWA Power International on Sunday reported a storage breakdown at one of the solar plants it operates...... continue reading
Energy giant Saudi Aramco is eager to enhance cooperation with China, particularly in areas such as carbon capture techniques, stated the company’s CEO. Speaking at a development forum held in Beijing, Amin Nasser expressed...... continue reading
“This is not about replacing the bedrock of their economic engine away from oil to minerals,” said Ahmed Mehdi, managing director at Renaissance Energy and a visiting fellow at the...... continue reading
The 13 million bpd capacity expansion plan would have cost Aramco $40 billion. A big focus area that was stressed by Aramco’s management this year is increasing gas production by...... continue reading
Leaders from pro-nuclear European countries and energy experts called for a nuclear energy revival on Thursday at a summit in Brussels, seeking to rebuild the European industry after years of...... continue reading
Saudi state energy giant Saudi Aramco will increase gas output by 60% by 2030, Aramco's Executive Vice President for Strategy and Corporate Development Ashraf Al Ghazzawi said at an energy...... continue reading
According to the latest report by the Joint Organizations Data Initiative, the Kingdom’s crude exports in January declined by 11,000 bpd to 6.29 mbpd, signifying a 0.17 percent dip compared...... continue reading
Saudi Arabia’s recent announcement of shelving plans to boost its oil production capacity to 13 million barrels per day (bpd) by 2027 and instead focusing on maintaining 12 million bpd...... continue reading
