The company signs Power Purchase agreement for 15GW with ACWA Power, PIF’s Badeel and Saudi Aramco’s Aramco Power
Saudi Ministry of Energy
Latest in Saudi Ministry of Energy
Renewable Energy
Saudi Arabia launches geographical survey project for renewable energy sites
Authorities awarded contracts to Saudi companies to install 1,200 stations for measuring solar and wind energy across all regions of the country
Hydrogen
Saudi Arabia issues hydrogen train licence
Saudi Arabia makes major step forward towards hydrogen train in the Kingdom
Saudi Arabia
Saudi Arabia announces launch of hydrogen train tests
Saudi Arabia Railways to test hydrogen-powered trains
Gas cylinders
Saudi Arabia issues first license for selling LPG cylinders through vending machines
LPG cylinder vending machines will be installed at gas stations and large retail markets
crude oil output
Saudi Arabia extends 1mn voluntary oil production cut into September
Russia will also cut oil exports by 300,000 bpd in September, Deputy Prime Minister Alexander Novak said shortly after the Saudi announcement
climate change
Saudi Arabia to host major climate event
Saudi Arabia to host “Climate Week in the Middle East and North Africa” in Riyadh in October
drone attack
Saudi Ministry of Energy condemns drone attack on Riyadh refinery
The attack resulted in a “small fire, which was extinguished immediately”, the official said. It did not result in any injuries or deaths.
ACWA Power
Saudi’s SPPC, ACWA Power ink power purchase agreement for $450mn Ar Rass solar PV project in Saudi Arabia
The 700MW Ar Rass project is the largest PV project that has been tendered as part of Saudi Arabia’s National Renewable Energy Programme (NREP) to date. When fully functional, the project will produce energy to power around 132,000 homes in central Saudi Arabia
Houthi rebels
Saudi Arabia confirms drone attack on Riyadh refinery
Ministry of Energy says attack resulted in fire but no injuries or deaths while supply was unaffected
Energy
‘Don’t try to predict the unpredictable’, says Saudi energy minister
Prince Abdulaziz bin Salman Al Saud warns those trying to second guess the next move of OPEC+
Apollo Global Management
Saudi Aramco said to eye $10bn from pipeline stake sale
Sources say Brookfield Asset Management and KKR & Co are among those weighing bids for a stake in Saudi Aramco’s oil pipelines
oil output
New Saudi minister jokes oil outlook could drive him to Prozac
Prince Abdulaziz bin Salman brings some humour to speech at World Energy Congress in Abu Dhabi
Khalid Al Falih
New Saudi oil minister endorses production cuts
Prince Abdulaziz bin Salman on Monday reportedly endorses curbing oil output as major producing nations prepare to deliberate fresh cuts
Dumat Al Jandal wind farm
Former Aramco exec hired to lead Saudi renewables drive
Saudi’s Ministry of Energy has appointed Faisal Abdullah Al-Yemni as head of its Renewable Energy Project Development Office
Khalid Al Falih
Saudi Arabia sees no need for further oil output cuts
Saudi energy minister Khalid Al-Falih says oil markets are now ‘healthy’