Saudi Aramco and other investors have shown initial interest in investing in Reliance’s clean energy unit.Saudi Aramco and other investors have shown initial interest in investing in Reliance’s clean energy unit. Saudi Aramco is reportedly looking to invest in Reliance New Energy Solar Limited after both firms had earlier announced the scrapping of $15 billion […]
Saudi Aramco backs $900m solar project
Oil and gas giant joins compatriot ACWA Power in 1.5GW Sudair Solar scheme that will be key part of kingdom’s green energy ambitions Saudi Arabian oil giant Aramco has struck a deal to take a key stake in one of the largest solar projects planned in the Middle East . The move represents the state-controlled […]
Saudi Aramco Backs $900 m Solar Project
Oil and gas giant joins compatriot ACWA Power in 1.5GW Sudair Solar scheme that will be key part of kingdom’s green energy ambitions Saudi Arabian oil giant Aramco has struck a deal to take a key stake in one of the largest solar projects planned in the Middle East . The move represents the state-controlled […]
Saudi Aramco unit plans to launch new $500m fund
Saudi Aramco Energy Ventures eyes new fund after completing $500m in investments Saudi Aramco Energy Ventures, a unit of the kingdom’s energy company, is preparing to start a new fund this year after completing $500 million in investments. The new fund will also be roughly $500 million in size, Majid Mufti, the company’s chief executive […]
Evaluating Saudi Aramco’s Green Investments Ahead of Its IPO
Saudi Aramco is a big backer of renewables (as long as the investments help it extract more oil). Investors in Saudi Aramco’s upcoming IPO could be purchasing a stranded asset if the oil behemoth sticks to its guns on fossil fuels. Despite Saudi Arabia’s big plans for solar and Aramco’s own impressive spend on renewables, […]
How Electric Cars Can End The Age Of Oil
To understand how electric cars can end the Age of Oil, you might want to visit a fast food restaurant. Oil may have dominated our economic times, but it fades in significance when compared to salt. Civilization was built on the stuff that McDonald’s now gives its customers for free. Salt is essential to the […]
Def & security, investments, energy likely to be discussed during S Arabia’s crown prince’s visit
Investments, defence and security including counter-terrorism and renewable energy are the key issues likely to come up for discussions during Saudi Arabia’s Crown Prince Mohammad Bin Salman’s visit to India next week, the Ministry of External Affairs (MEA) said on Thursday. Salman will arrive in India on February 19. Besides holding talks with Prime Minister […]
