Category: Energy
ACWA Power Begins Commercial Operation at Saad 2 Solar Plant
Riyadh, Saudi Arabia — ACWA Power has officially launched commercial operations for the Saad 2...
Gas Arabian Services Applies to Upgrade to Tadawul Main Market
Riyadh, Saudi Arabia — Gas Arabian Services Company has officially applied to transfer its listing...
Saudi Renewable Energy Capacity Reaches 6,551 MW by End of 2024
Riyadh, Saudi Arabia — Saudi Arabia’s renewable energy capacity reached 6,551 megawatts in 2024,...
BYD to Open 7 Showrooms in Saudi Arabia by 2026 Amid EV Push
Jeddah, Saudi Arabia — Chinese electric vehicle (EV) manufacturer BYD plans to open seven new...
Aramco
SNB SME Center inaugurated to expand small business support
Riyadh, Saudi Arabia — The SNB SME Center was inaugurated today in Al Khobar Governorate under the...
TarshId Launches Energy Efficiency Upgrade at Hail Technical College
Riyadh, Saudi Arabia — The National Energy Services Company (Tarshid), in partnership with Hail...
ZATCA Reaches Global Level 5 in Project Portfolio Management
Riyadh, Saudi Arabia — The Zakat, Tax and Customs Authority (ZATCA) has reached Level 5 maturity...
CSR Association Hosts Smart Buildings Workshop to Advance Sustainability
SPA — A workshop in Jeddah on July 15 brought together environmental experts and industry leaders...
Saudi Artisanal Company & Ayadi AlUla Partner to Empower Artisans
Riyadh, Saudi Arabia — The Saudi Artisanal Company Ayadi AlUla strategic partnership marks a...
Aramco in Talks to Buy 2M Tonnes of U.S. LNG from Commonwealth
Dhahran, Saudi Arabia — Saudi Aramco is in talks with Commonwealth LNG to buy up to 2 million...
Energy transition
ACWA Power Completes SAR 7.125B Rights Issue, Among Largest in Saudi History
Riyadh, Saudi Arabia — ACWA Power has completed a landmark SAR 7.125 billion rights issue, making...
Saudi Arabia Launches First Direct Air Capture Pilot with Climeworks
Riyadh, Saudi Arabia — Saudi Arabia has officially launched its first Direct Air Carbon Capture...
Saudi Cabinet Approves IFC MoU, Green Exports Plan to Europe
SPA — During its weekly session on Tuesday, chaired by the Custodian of the Two Holy Mosques King...
ACWA Power Secures SAR 31.1 Billion in PPAs for 7 Massive Renewable Projects
Riyadh, Saudi Arabia — ACWA Power has signed long-term Power Purchase Agreements for seven major...
Saudi Power Procurement Company Signs 15 GW Renewable PPAs
Riyadh, Saudi Arabia — The Saudi Power Procurement Company (SPPC) has finalized power purchase...
ACWA Power Launches Rights Trading and Subscription for Capital Increase
Riyadh, Saudi Arabia — ACWA Power launched rights trading and opened subscriptions for its capital...
Danantara and ACWA Power Partner to Advance Indonesia’s Sustainable Energy Fut …
Jeddah, Saudi Arabia — Danantara Indonesia has signed a strategic partnership with Saudi Arabia’s...
Saudi Arabia, UNEP Sign MoU to Advance Regional Climate Action
Riyadh, Saudi Arabia — Saudi Arabia has signed a Memorandum of Understanding (MoU) with the United...
Local Energy Development
NMDC Energy Launches 40,000-Ton Manufacturing Hub in Ras Al-Khair
Ras Al-Khair, Saudi Arabia — NMDC Energy Ras Al-Khair has officially launched industrial...
ACWA’s NMES, EthosEnergy Launch On-Site Rotor Solution in Saudi Arabia
Riyadh, Saudi Arabia — ACWA Power’s NOMAC Maintenance Energy Services (NMES) has partnered with...
MiSK City Signs 20-Year Solar Deal with Emerge to Cut Emissions
Riyadh, Saudi Arabia — MiSK City solar energy agreement marks a major stride toward urban...
ACWA Power Begins Commercial Operation at Saad 2 Solar Plant
Riyadh, Saudi Arabia — ACWA Power has officially launched commercial operations for the Saad 2...
Oil & gas
Saudi Industrial Production Index Rises 1.5% in May on Mining, Manufacturing
Riyadh, Saudi Arabia — Saudi Arabia’s Industrial Production Index (IPI) rose by 1.5% in May 2025...
Russia-Saudi Trade Surges 60% as New Industrial Partnerships Emerge
Yekaterinburg, Russia — Trade between Russia and Saudi Arabia increased by over 60% in 2024,...
OPEC+ Nations Reaffirm Market Stability with August 2025 Oil Production Adjustme …
Dhahran, Saudi Arabia — Eight OPEC+ countries, including Saudi Arabia, Russia, Iraq, the UAE,...
BlackRock Considers Sale of Aramco Gas Pipeline Stake After $15.5 Billion Deal
Riyadh, Saudi Arabia — BlackRock, the American investment management giant, is reviewing options...
Saudi Oil Exports Surge to Highest Level in Over a Year Amid Supply Fears
Dhahran, Saudi Arabia — Saudi Arabia’s oil exports surged to their highest level in over a...
Oil Prices Plunge as Israel-Iran Ceasefire Eases Market Fears
Dhahran, Saudi Arabia — Oil prices and Israel—Iran ceasefire headlines triggered sharp losses on...
Renewables
MiSK City Signs 20-Year Solar Deal with Emerge to Cut Emissions
Riyadh, Saudi Arabia — MiSK City solar energy agreement marks a major stride toward urban...
ACWA Power Begins Commercial Operation at Saad 2 Solar Plant
Riyadh, Saudi Arabia — ACWA Power has officially launched commercial operations for the Saad 2...
Saudi Renewable Energy Capacity Reaches 6,551 MW by End of 2024
Riyadh, Saudi Arabia — Saudi Arabia’s renewable energy capacity reached 6,551 megawatts in 2024,...
ACWA Power Secures SAR 31.1 Billion in PPAs for 7 Massive Renewable Projects
Riyadh, Saudi Arabia — ACWA Power has signed long-term Power Purchase Agreements for seven major...