Consortium Copy
Saudi Drill signed a consortium with 3 major EPC players in the market.
Consortium
Saudi Drill signed a consortium with 3 major EPC players in the market.
China’s fuel oil imports soar due to curbing bitumen blend intake
China's independent oil refiners are ramping up fuel oil imports to process into gasoline and diesel amid robust refining margins as ongoing cargo inspections at refining hub Shandong have cut off supplies of lower-priced feedstock bitumen blend.
NEOM Green Hydrogen achieves financial close for $8.4bn plant
NEOM Green Hydrogen Company (NGHC) has announced that following the signing of financial deals with 23 local, regional, and international banks and investment firms, it has now achieved financial close on the world’s largest green hydrogen production facility at a
Oil falls 2pc on US debt deal struggles, Opec+ talks uncertainty
Oil fell by nearly 2 per cent as concerns about the US debt ceiling pact cooled the market's risk-on sentiment and mixed messages from major producers clouded the supply outlook ahead of their meeting this weekend.
Solar to surpass oil production investment for the first time
Investment in clean energy will extend its lead over spending on fossil fuels in 2023, the International Energy Agency (IEA) said, with solar projects expected to outpace outlays on oil production for the first time
Saudi diesel imports from Russia, exports to Singapore hit records
Leading crude exporter Saudi Arabia is maximising refining profits.
Global spend on clean energy to hit $1.7 trillion in 2023: IEA
Global investment in clean energy is on course to rise to $1.7 trillion in 2023, with solar set to eclipse oil production for the first time. Investment in clean energy technologies is significantly outpacing spending on fossil fuels as affordability and