Browsing: Energy

RIYADH: The King Abdulaziz City for Science and Technology and ACWA Power have signed a deal to establish a research center for clean energy and desalination technologies, the Saudi Press Agency reported on Sunday.

Shortages have arisen as output of renewable energy has failed to compensate for the closures of coal and nuclear plants

High energy prices are dampening production and hurting the region’s competitiveness, data shows

Russia’s electric power usage rose 1.4% in 2023 compared to the previous year, exceeding 1.121 trillion kilowatt hours, according to the latest data released by the Russian Power System Operator.

A leading global exporter of liquefied natural gas (LNG), QatarEnergy, has stopped sending tankers via the Red Sea amid growing uncertainty about the safety of passage on the vital shipping route, Reuters reported on Monday.

Western sanctions have forced the country to focus more on manufacturing than energy exports, and the change has been beneficial, according to the president

The construction arm of India’s Larsen & Toubro has secured an engineering, procurement, and construction contract for setting up systems related to renewable energy generation and utilities in Saudi Arabia’s AMAALA project. 

Proceeds from Russia’s oil and gas exports contributed about $100 billion (nine trillion rubles) to the state budget this year, close to revenue levels recorded in 2021, before the Ukraine conflict,

Moscow fulfills its gas export obligations, including transit through Ukraine, the president has insisted Accusations that Russia has stopped natural…

Demand for machinery, equipment, and metals slumped in October, data shows New orders for German-made industrial goods dropped unexpectedly in…