Sweltering temperatures drive up energy demand, wear down infrastructure, endanger laborers and render even simple outdoor activities not only unpleasant, but potentially perilous. That all will impose a...... continue reading
Part of the National Renewable Energy Program, the ambitious project will identify the best sites to develop renewable energy projects throughout the country. Contracted companies will install 1,200 stations...... continue reading
Global fossil fuel consumption and energy emissions hit all-time highs in 2023, even as fossil fuels' share of the global energy mix...... continue reading
Our research work in countries with extreme temperatures recognizes that despite the harsh conditions—including the lack of water and intense heat—arid ecosystems have produced resilient flora and fauna, which have...... continue reading
Brazil’s energy minister, Alexandre Silveira, told reporters at the FII Institute summit on Wednesday that the Saudi Public Investment Fund (PIF) plans to invest...... continue reading
Global investment in all types of energy is expected to top $3 trillion in 2024, with $2 trillion expected to go into clean energy and $1 trillion to oil, gas,...... continue reading
Attracting higher foreign direct investment is a key part of the policy roadmap to diversify the Saudi economy. Vision 2030 set a goal of an increase in FDI to $100...... continue reading
Last week, Saudi Arabia’s energy giant Saudi Aramco (ARMCO) confirmed in a filing with the Saudi Exchange plans to sell shares in the state-owned oil company to help the kingdom fund...... continue reading
The $1.8 trillion oil giant’s offer was covered in just a few hours after the deal opened. It wasn’t immediately clear how much demand came from overseas, though the order...... continue reading
The OPEC+ countries, which had announced additional voluntary cuts in April 2023 and November 2023, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, held...... continue reading
