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Saudi Arabia raises June Arab light crude price to Asia
By : Sustainability ..., May 8, 2020
Saudi Arabia's state oil giant Aramco has raised the June price for its Arab light crude oil to Asia by $1.40 a barrel from May, setting it at a discount of $5.90 to the Oman/Dubai average, according to a document seen by Reuters on Thursday. The rise in the crude oil...Read more..
Subject Tags: crude oil , fuel price , Saudi Arabia
Renewable energy MoU with Saudi Arabia gets cabinet nod
By : Sustainability ..., Dec 26, 2019
The Union Cabinet chaired by Prime Minister Narendra Modi has approved a Memorandum of Understanding between India’s Ministry of New and Renewable Energy and Saudi Arabia’s Ministry of Energy for cooperation in the field of renewable energy. The MoU aims at setting up a...Read more..
Subject Tags: memorandum of understanding (MoU) , renewable energy capacity , Saudi Arabia
India, Saudi Arabia ink 12 agreements in sectors including renewable energy
By : Sustainability ..., Oct 30, 2019
India and Saudi Arabia on Tuesday signed 12 MoUs and agreements in key sectors including defence industries collaboration, renewable energy, security cooperation and civil aviation. The agreements were signed in the presence of Prime Minister Narendra Modi and Saudi Crown...Read more..
Subject Tags: Ministry of New and Renewable Energy (MNRE) , renewable energy MoU , Saudi Arabia
Saudi Arabia to invest $100 bn in India; Energy, infra, agriculture in focus
By : Sustainability ..., Feb 21, 2019
Saudi Arabia on Wednesday announced that it will invest $100 billion in India, MEA spokesperson Raveesh Kumar said. "Big announcement - Saudi Arabia to invest $100 bn in India - a huge vote of confidence in the Indian economy," Raveesh Kumar tweeted. Kumar further said that...Read more..
Subject Tags: Agricultural sector , bilateral cooperation , energy investment , India , manufacturing sector , Saudi Arabia
Saudis set $500 billion plan to develop border region with Jordan, Egypt that will power itself solely with wind power and solar energy
By : sustainabilityo..., Oct 26, 2017
Saudi Arabia announced on Tuesday a $500 billion plan to create a business and industrial zone extending across its borders into Jordan and Egypt, the biggest project yet in a series of efforts...Read more..
Subject Tags: Public Investment Fund , Saudi Arabia , solar , wind
Fuel subsidies cost governments in emerging markets more than $500 billion every year: IEA
By : Sustainability ..., May 21, 2014
LONDON: Fossil fuel subsidies cost governments in emerging markets more than $500 billion every year and are a major contributor to climate change, according to the International Energy Agency (IEA) and International Monetary Fund (IMF).
The biggest subsidies are...Read more..
Subject Tags: Algeria , Business , electricity , energy , Health , Human Interest , International Energy Agency , International Monetary Fund , Iran , Iraq , Labor , Libya , oil , Saudi Arabia , Social Issues , Technology , Venezuela
Rio: Rating the environmental stars
By : Sustainability ..., Jul 5, 2012
Should nations receive ratings on their environmental performance?
In some ways, they already do; carbon emissions are assessed on in toto and per capita bases, deforestation rates are calculated.
But is it possible - is it desirable - to put all of this...Read more..
Subject Tags: G20 , India , Saudi Arabia
Renewable power: Developing markets are a ray of sunshine
By : Sustainability ..., Jun 3, 2012
If the dominant global theme of the 21st century has been the shift in dynamism and capability towards emerging economies, then 2012 has been the year in which that trend has hit the renewable energy industry.
While many developed economies that led the way in...Read more..
Subject Tags: Business , China , electricity , energy , Environment , Human Interest , Saudi Arabia , Social Issues , South Africa , Technology
India, China to drive 2% growth in energy demand
By : sustainabilityo..., Jan 24, 2011
World’s largest oil exporter Saudi Arabia said global oil demand could climb by about 2 percent this year mainly on increasing demand by India and China.
According to Saudi Arabia's oil minister Ali Naimi, the growth between 1.5 million to 1.8 million barrels per day...Read more..
Subject Tags: oil , Saudi Arabia