As the global economy and energy markets continue to recover from the damage coronavirus wreaked last year, investors are looking to the future, and it’s increasingly green
energy sector
Latest in energy sector
Ahmed A. Al-Subaey
Beyond the pandemic: An Aramco perspective
The oil company is well-placed to emerge from this difficult period stronger than ever, says Ahmed A. Al-Subaey, Saudi Aramco vice president – marketing, sales & supply planning
energy sector
Saudi Arabia must forgo enrichment to secure nuclear tech-sharing deal, says US Energy Secretary
The US has been in negotiations with the Saudis for an agreement that could benefit Westinghouse Electric Co. and other American companies that want to construct or sell nuclear reactor technology to the kingdom
Apicorp
$209bn MENA power investment needed over next five years
Arab Petroleum Investments Corporation estimates that investment in the MENA energy sector could reach $1trn
energy sector
Saudi Arabia expands mandate of $28bn fund to energy, mining projects
The Saudi Industrial Development Fund previously only provided financing to local manufacturing businesses
Apicorp
Gulf-backed Apicorp says to invest $1bn in energy projects in 2019.
New investments will diversify the portfolio away from the oil-rich Gulf and into Iraq, Libya, Egypt, Morocco and the US
ADNOC
Gulf energy firms set to borrow more in 2019 as oil falters
State-run companies in the UAE, Oman and Bahrain loaded up on bonds and loans in 2018, with UAE energy firms borrowing over $9bn