The International Renewable Energy Agency (IRENA) has urged faster electrification, renewable energy deployment and investment in grids and storage, warning that global renewable power capacity needs to reach 38.2 terawatts by 2050 to align with the 1.5 deg C climate target.
ACWA has signed a memorandum of cooperation with Mongolia’s Sun Steppe Power to explore a 4.5GW renewable energy project in Mongolia, supported by a 500MWh battery storage system, to facilitate cross-border electricity exports to China and other mutually agreed markets.
Oil prices rose on Wednesday as fresh reports of attacks on commercial vessels in the Strait of Hormuz heightened concerns over energy supplies, while increased production by OPEC+ offered a counterpoint to the market's supply risks.
A Saudi Aramco administrative building in Dhahran, in the Eastern Region of Saudi Arabia, was targeted by Yemen's Houthi militia on Tuesday evening, triggering a limited fire, according to an official source at the Saudi Ministry of Energy.
Women in Energy, a national association dedicated to elevating the perception and impact of women in the energy sector, has announced the winners of its 2026 Annual Awards.
Elsewedy Electric said its joint venture with Sinohydro, a leading global contractor, has won a major contract from Al Mourjan Two for Electricity Company, to provide EPC services for the Rabigh 2 Independent Power Plant (IPP) Expansion Project, a gas-fired combined-cycle development with a total value of $2.2 billion.
Saudi Maritime and Logistics Congress will return to Jeddah on October 21-22, bringing together more than 200 exhibitors and 120 speakers to discuss port competitiveness, trade corridors, energy transition and investment as Saudi Arabia advances its logistics ambitions.
Saudi Steel Pipe Company (SSP), a leading manufacturer and supplier of electrically resistance welded (ERW) steel pipes, has announced that it has secured a key contract to deliver steel pipes to Saudi oil giant Aramco. The entire supply work will be completed within a one-year period.
The 3rd annual International Geotechnical Innovation Conference (IGIC 2026) is set to kick off on November 9 in Riyadh, drawing more than 700 delegates as well as leading geotechnical experts for two days of technical sessions, keynote presentations, case studies and high-value networking.
Dalipal Holdings, a leading Chinese manufacturer of pipes and equipment for the oil and gas sector, has signed a 25-year land lease deal with King Salman Energy Park to set up its manufacturing base at SPARK. The company is set to invest $600 million in the first phase of its major Saudi complex.
