He told MEE that the market appeared to be complacent about disruptions in the Red Sea, noting that the monthly average flow of seven million bpd (barrels per day) of...... continue reading
Energy Minister of Saudi Arabia Prince Abdulaziz Bin Salman has announced that 1,200 sites across different regions of the Kingdom are currently under consideration for solar energy projects. Speaking at the...... continue reading
A Saudi Arabia-backed investment fund is liquidating the holding company of a United Arab Emirates oil storage company that has been plagued by financial reporting issues since going public in...... continue reading
The project’s first phase will have a production capacity of 600,000 tons of green ammonia annually, Shaker revealed. The second phase will expand that number to two million tons per year,...... continue reading
Unlike previous years, a majority of the oil and gas industry’s 2022 profits were channeled towards enhancing shareholder dividends and reducing debt burdens. This means that capital expenditure for oil and...... continue reading
Saudi Arabia marked a milestone in its ongoing bilateral trade discussions with South Korea as the Kingdom’s industry minister met with his Korean counterpart in Seoul. Saudi Industry and Mineral Resources...... continue reading
NEOM aims to be home to the world’s first large-scale 100 per cent renewable energy system by 2030, providing abundant, affordable energy to residents and industries. It’s an interesting...... continue reading
The new embassy, a striking architectural design with the latest security and sustainability features, will provide a modern, secure, and efficient workplace for embassy staff and will serve as a...... continue reading
Saudi Arabia's nuclear research reactor is almost complete and the International Atomic Energy Association (IAEA) is discussing the necessary inspections with Riyadh, the head of the U.N. watchdog said on...... continue reading
China’s clean energy firms are looking to the Middle Eastern kingdom to globalize their manufacturing bases as firms come under unprecedented margin pressure at home and trade tensions worsen with...... continue reading
