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Aramco Ventures backs energy efficiency startup in USD 36 mn round
Other backers include Embark Ventures and Safar Partners
Aramco slaps record USD 20 premium on Asian crude as Hormuz chokehold tightens
The premium never cracked the USD 10 mark over the past 26 years.
Opec+ boosts output for May
Good morning, friends. It is another morning led by the impact of the regional war on our economy — non-oil…
Ades lands SAR 2.7 bn offshore drilling contract in Nigeria
The contractor will deploy three premium jackup rigs for the West African Exploration & Production Company
Traders expect the Arab Light premium to soar to USD 40 / bbl
PLUS: Projectiles landed close to a Greek-owned container ship near Ras Tanura last night
Will Saudi’s renewables target hit a supply chain wall?
Renewable capacity to reach 74.2 GW by 2030
The Iran war is stress-testing the US-Saudi petrodollar bargain
The conflict is accelerating a transition to domestic energy alternatives that weakens the global petrodollar link
Aramco reportedly moving forward with sale of stake in oil export and storage terminals
Gulf states are signaling resilience despite escalating regional conflict
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