Interview: Omar Al Daweesh, CEO, EDF, on implementing renewables and decarbonisation technologies to deliver on climate ambitions How do you view the pace of the Kingdom’s shift from fossil fuels towards renewables? OMAR AL DAWEESH: Saudi Arabia’s transition towards a more diversified energy mix is moving rapidly, supported by clear long-term targets and a disciplined tendering pipeline. Solar…
Interview: Marco Arcelli, CEO, ACWA, on the long-term potential for fuels to become traded commodities In the global energy transition, to what extent do you see a balance taking place between renewables, conventional power and green hydrogen? MARCO ARCELLI: These systems are not mainly about replacing existing capacity; they are responding to rapid demand growth. In that context, the priority is…
The energy transition advanced in 2023 despite geopolitical tensions, supply chain disruptions and inflationary pressures that maintained elevated energy prices globally. Prices fell from 2022’s historic peaks but remained higher than pre-2020 levels, potentially signalling a turning point in the shift from hydrocarbon dependence toward lower-cost clean energy alternatives. Hydrocarbons’ uneven…
The Saudi energy industry is entering a period of change. Multiple gigawatts of renewable electricity are coming online each year, helping to displace oil in domestic power generation and lower the carbon intensity of the energy mix, while carbon capture, utilisation and storage (CCUS) supports emissions mitigation across the power and utilities sector as part of the Kingdom’s multi-pathway approach.…
The Saudi energy industry is entering a period of change. Multiple gigawatts of renewable electricity are coming online each year, helping to replace oil in domestic power generation and lower the carbon intensity of the energy mix. Carbon capture, utilisation and storage supports emissions mitigation across the power and utilities sector as part of the Kingdom’s multi-pathway approach. Together,…
Saudi Arabia is entering a new phase of Vision 2030, the Kingdom’s long-term development roadmap, with greater emphasis on consolidating and maximising the impact of economic reforms introduced over the past decade. Since the launch of Vision 2030 in 2016, the Kingdom has pursued an ambitious agenda aimed at diversifying and moving away from hydrocarbons and expanding private sector activity. Sa
BBTC MENA & ME-CAT (Bottom of the Barrel Technology Conference & Middle East Catalyst Technology Conference) 2026 return on 10–12 February in Bahrain under the esteemed presence of the Bahrain Ministry of Oil and Environment. These premier back-to-back conferences are the Middle East's definitive technical forums for the downstream sector. They gather senior refiners, petrochemical producers,…
Note: The insights below were first published in the September 2025 issue of theUnion of Investment Companies‘The Investor Magazine.The latest edition highlights how ESG is taking center stage in the wider Kuwait economy, especially in the investment sector where environmental, social and governance considerations are becoming fundamental indicators of sustainability…
In English Editor's note: This page includes the Arabic version of this report which was first released in March 2025. To read the English version of the report, click here. Oman is embarking on a transformative journey under Vision 2040, combining innovation and sustainability to redefine its economic landscape. This report showcases the sultanate’s wide-ranging efforts to position…
ESF MENA, the Middle East’s only forum on sustainability and decarbonisation for refining and petrochemicals, returns on 20-22 October 2025 in Al-Khobar, Kingdom of Saudi Arabia. The three-day forum will feature insight-driven sessions, interactive panel discussions, expert seminars, producer case studies, and unrivaled networking including the special “Lunch & Learn” initiative dedicated…
