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 […]
- Tag "SAUDI ARAMCO"
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, […]
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 […]
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 […]