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Tag: Saudi Aramco

World

Saudi Arabia Leads Pushback Against Global Plastic Treaty

November 30, 2024November 30, 2024HIROKO TABUCHIComments Off on Saudi Arabia Leads Pushback Against Global Plastic Treaty

Delegates from more than 170 countries are working to salvage a treaty that would tackle the growing problem of plastic pollution.

World

As Interest in Clean Energy Grows, Saudi Arabia Eyes a Future Beyond Oil

May 29, 2024STANLEY REEDComments Off on As Interest in Clean Energy Grows, Saudi Arabia Eyes a Future Beyond Oil

The kingdom is trying to juggle its still-vital petroleum industry with alternative energy sources like wind and solar as it faces pressure to lower carbon emissions.

World

At CERAWeek, Saudi Aramco C.E.O. Says Energy Transition ‘Visibly Failing’

March 19, 2024March 19, 2024Max Bearak and Brad PlumerComments Off on At CERAWeek, Saudi Aramco C.E.O. Says Energy Transition ‘Visibly Failing’

The comments by a Saudi executive raised questions regarding whose predictions about the future of oil and gas are more likely to be true.

World

In a Shaky Oil Market, OPEC Has Bitter Decisions to Make

November 29, 2023November 29, 2023STANLEY REEDComments Off on In a Shaky Oil Market, OPEC Has Bitter Decisions to Make

Anticipating a drop in demand for 2024, major producers, led by Saudi Arabia, are trying to reduce supply.

World

What Is the Saudi Sovereign Wealth Fund?

June 7, 2023June 8, 2023Kate Kelly and Vivian NereimComments Off on What Is the Saudi Sovereign Wealth Fund?

The secretive $700 billion investment fund has set its sights on tourism, job creation, private equity and, now, golf.

World

Inside the Saudi Strategy to Keep the World Hooked on Oil

November 21, 2022November 21, 2022HIROKO TABUCHIComments Off on Inside the Saudi Strategy to Keep the World Hooked on Oil

The kingdom is working to keep fossil fuels at the center of the world economy for decades to come by lobbying, funding research and using its diplomatic muscle to obstruct climate action.

World

Ostracized by the West, Russia Finds a Partner in Saudi Arabia

September 14, 2022September 14, 2022CLIFFORD KRAUSSComments Off on Ostracized by the West, Russia Finds a Partner in Saudi Arabia

The two oil-producing countries have extended their partnership even as the United States and Europe have sought to punish and isolate Russia for invading Ukraine.

World

Israel Downs Iran Drones With Arab Help, Signaling Growing Ties

July 13, 2022July 13, 2022Ronen Bergman and Patrick KingsleyComments Off on Israel Downs Iran Drones With Arab Help, Signaling Growing Ties

The destruction of Iranian drones last year was an early example of a new regional military project that President Biden is trying to shore up during his Middle East visit.

World

Yemeni Rebel Attack Sets Saudi Oil Facility Ablaze

March 25, 2022March 25, 2022BEN HUBBARDComments Off on Yemeni Rebel Attack Sets Saudi Oil Facility Ablaze

Saudi officials accused Yemen’s Houthi rebels of launching the attack, which cast a shadow over a Formula One car race aimed at international spectators.

World

At McKinsey, Widespread Furor Over Work With Planet’s Biggest Polluters

October 27, 2021Michael Forsythe and Walt BogdanichComments Off on At McKinsey, Widespread Furor Over Work With Planet’s Biggest Polluters

A letter signed by more than 1,100 employees has called for change at the consulting firm, which has advised at least 43 of the 100 most environmentally damaging companies.

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