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Asian refiners are experiencing their lowest margins since 2020, due to oversupply and falling demand for diesel and gasoline.
Asian refiners are experiencing their lowest margins since 2020, due to oversupply and falling demand for diesel and gasoline.
Saudi Arabia has identified Italy as a key partner for the export of green hydrogen to Europe, in response to growing demand for low-carbon energy solutions.
Saudi Arabia has identified Italy as a key partner for the export of green hydrogen to Europe, in response to growing demand for low-carbon energy solutions.
Under pressure from falling prices, OPEC+ decided to extend the production cut by 2.2 million barrels per day until December 2024 to maintain market balance.
Under pressure from falling prices, OPEC+ decided to extend the production cut by 2.2 million barrels per day until December 2024 to maintain market balance.
PIF signs three agreements to locate production of solar and wind power equipment in Saudi Arabia, in partnership with Chinese companies.
PIF signs three agreements to locate production of solar and wind power equipment in Saudi Arabia, in partnership with Chinese companies.
Saudi oil giant Aramco has raised $11.2 billion by pricing its second public offering at 27.25 rials per share.
Saudi oil giant Aramco has raised $11.2 billion by pricing its second public offering at 27.25 rials per share.
Saudi Aramco's cancellation of its oil production capacity expansion is impacting rig rental rates in the region.
Saudi Aramco's cancellation of its oil production capacity expansion is impacting rig rental rates in the region.
Marubeni Corporation and Ajlan & Bros sign a power sales agreement with the Saudi Power Procurement Company to develop two large-scale wind power projects in Saudi Arabia.
Marubeni Corporation and Ajlan & Bros sign a power sales agreement with the Saudi Power Procurement Company to develop two large-scale wind power projects in Saudi Arabia.

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