SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

We can't find results matching your search.

Adjust your search and try again or browse topics and stories below.

Recent stories from sustg

MUST-READS

  • Saudi Aramco testing mix of renewables, carbon emissions to produce jet fuel, gasoline

    "Those are pilot projects but eventually if successful and the market accepts it, we can scale it up," Khowaiter said. The CO2 used is captured from operations such as cement plants or from the air, he said. Aramco has been capturing carbon emissions since 2015, at an average of 500,000-600,000 mt/year out of global capture of 37 million-40 million mt/year, he said. Carbon sequestration is part of the kingdom's circular carbon economy that aims to curb emissions by reusing them instead of releasing them into the air.

  • Aramco Warns World’s Spare Oil Supplies Are Falling Rapidly

    Aramco, the world’s biggest oil company, is investing billions of dollars to raise its daily capacity to 13 million barrels from 12 million. It expects to complete the project by 2027.

  • Saudi Aramco plans new green hydrogen, ammonia project

    State-controlled energy giant Saudi Aramco has signed an initial agreement to build a new green hydrogen and ammonia plant with Hong Kong-based green hydrogen developer InterContinental Energy, as it tries to bring private investment into the sector. The agreement also includes Saudi firm Modern Industrial Investment Holding, Aramco said today. No other details such as the size or location of the project were revealed.

  • Saudi Aramco Pledges to Reach Net-Zero Emissions by 2050

    The pledge applies to emissions from the company’s own operations or from the generation of power and heat to its assets, classified as Scope 1 and Scope 2. It doesn’t apply to Scope 3, which are generated by customers burning its fuels and make up more than 80% of the company’s total emissions.

  • Saudi Aramco boss warns not to ‘demonise’ hydrocarbon industry despite global push to hit climate targets

    "We need a holistic policy that takes into consideration energy, reliability, affordability, and energy security, so that we can avoid a global economic crisis due to lack of supplies. Advertisement "This is going to continue for decades. Hydrocarbon will be part of the energy mix for decades to come."

  • Saudi Aramco eyes tie-ups across energy value chain

    “As you know, Aramco is significantly strengthening its downstream business, to better complement our long-standing pre-eminence in upstream. And chemicals, especially, offer us a strategic opportunity," he said.

  • Saudi women’s journey at Aramco

    Najat al-Husseini, the first Saudi woman to work at Aramco, had to get special permission from the late King Faisal bin Abdulaziz to get the job, as “there were no laws for the employment of Saudi women at that time, but she proved herself through discipline and professionalism at work, especially as she was the only Saudi woman among American female colleagues working in the secretarial and health sectors,” as her brother Sadad al-Husseini told Al Arabiya.net.

  • Morgan Stanley banker who advised on Aramco IPO to join Saudi Fransi Capital-source

    Motaz Alangari, who is based in Riyadh, is leaving the Wall Street Bank after more than five years leading its Saudi investment banking business, according to a Morgan Stanley memo seen by Reuters. He will join Saudi Fransi Capital as head of the investment banking team, said a source familiar with the matter, who declined to be named as the matter is not public. A spokesperson for Morgan Stanley declined to comment.

  • Worley lands refinery upgrade project with Saudi Aramco

    The value of the Worley FEED deal with Saudi Aramco has not been disclosed. Chief executive Chris Ashton said: “We are pleased that Saudi Aramco has selected Worley for this strategic project, which will enhance the long-term sustainability of Saudi Aramco’s Ras Tanura refinery. “We look forward to growing our longstanding global relationship with Saudi Aramco and supporting its assets’ long-term sustainability goals, while remaining committed to delivering a more sustainable world.”

  • Saudi Aramco taps banks for $12-14 bln gas pipeline loan – sources

    Aramco could raise at least $17 billion from the sale of a significant minority stake in its gas pipelines, sources have previously told Reuters. The stake would be offered with a loan financing package already in place, worth about 80% of the price.