In the presence of His Royal Highness Prince Abdulaziz bin Salman Al Saud, Minister of Energy, ACWA Power, the Water and Electricity Holding Company (Badeel), and Saudi Aramco Power Company...
Aramco has commissioned a world-first Iron-Vanadium (Fe/V) flow battery system to store renewable energy for its gas operations, marking a major milestone in industrial energy storage. The 1-MW/hour battery system—installed...
Aramco and BYD have signed a Joint Development Agreement to accelerate innovation in new energy vehicle technologies, aiming to reduce emissions and boost efficiency in the transport sector. The agreement...
Saudi Aramco, in collaboration with Siemens Energy, launched the Kingdom’s first Direct Air Capture (DAC) test unit, capable of removing 12 tons of CO2 per year from the atmosphere. This...
Aramco, Linde, and SLB have signed a shareholders’ agreement to develop one of the world’s largest Carbon Capture and Storage (CCS) hubs in Jubail, Saudi Arabia. The project, a cornerstone...
Aramco, TotalEnergies, and the Saudi Investment Recycling Company (SIRC) have joined forces to evaluate the development of a sustainable aviation fuels (SAF) plant in Saudi Arabia’s Eastern Province. The initiative...
Aramco has signed a Memorandum of Understanding (MoU) with King Abdullah University of Science and Technology (KAUST), pledging up to $100 million over the next 10 years to fund research...
Aramco, a leading integrated energy and chemicals company, has completed a $6 billion bond issuance. This issuance includes three tranches of USD-denominated senior unsecured notes under the Global Medium Term...
ASMO is envisioned to meet the growing demand for more sustainable and efficient supply chain services in Saudi Arabia, while at the same time reflecting the expanding market potential of...
Aramco (“the Company”), one of the world’s leading integrated energy and chemicals companies, is further advancing the development of emissions reduction solutions including lower-carbon hydrogen, Direct Air Capture (DAC) of...
Saudi Aramco signed a joint development agreement with SLB and Linde to establish a carbon capture and storage hub which will potentially be able to safely store up to 9...
The fund’s initial focus areas will include carbon capture and storage, greenhouse gas emissions, and hydrogen, ammonia and synthetic fuels Saudi Arabia aims to reach net zero emissions by 2060...
Parties to Explore Investment in Advanced Technologies EIG, a leading institutional investor to the global energy and infrastructure sectors, today announced it has signed a memorandum of understanding (“MoU”) with...
Digital Hub to include team of ESG and digital transformation experts based in Saudi Arabia who will leverage recently announced cloud partnership with Virtual Vision to deploy ESG applications in-Kingdom Plan includes...