Formula E invests in new electric off-road motorsport championship

Extreme X will see electric SUVs compete in some of the most testing off-road conditions in the world

Saudi Arabia to become home to $5bn green hydrogen production facility

The ‘world’s largest green hydrogen plant’ is expected to supply 650 tonnes of hydrogen every day and help save three million tonnes of CO2 every year

Saudi energy firm helps build mobile hospital for pandemic

The fully-equipped facility is part of the nation’s commitment to minimising Covid-19 casualties and is scheduled to start operations within 70 days of construction starting

US Senators write to Saudi Arabia to call off ‘oil war’ with Russia

They said Riyadh’s decision to boost oil output has contributed to a disruption in global oil prices on top of already buckling financial markets

EU clears Saudi Aramco and Hyundai Heavy industries’ joint venture

The Commission said it would not raise any competition concerns because the joint venture will not be active in the European Economic Area

Oil infrastructure
IEA: Global oil markets ‘well supplied’ after attack in Saudi Arabia

Energy Minister Prince Abdulaziz bin Salman announced production would be back online to normal levels by the end of the month

Middle East tensions remain high after drone attacks on Saudi oil facilities

The attacks early on Saturday morning knocked 5% off the world’s total oil supply

Saudi Arabia’s king replaces energy minister with one of his sons

Prince Abdulaziz bin Salman has been sworn in as the new Minister of Energy – the first time the oil portfolio has been given to a member of the royal family

EDF and Masdar secure financing for Saudi Arabia’s first utility-scale wind farm

The 400MW project will also be the largest project of its kind in the Middle East

INEOS plans $2bn ‘most energy efficient’ petrochemical complex in Saudi Arabia

It is investing in three plants which are expected to begin production in 2025