GRI engagements underline role of transparency in driving action
With the UN Climate Change Conference – COP26 – getting underway in Glasgow next week, GRI is urging all organizations to be open about their impacts on the planet, as transparency is an essential precursor for reaching global solutions to a global problem. GRI, as provider of the common language for companies to communicate their […]
Missed the Oil & Gas Future Forum? Watch the full event here!
Watch all three panels from the Oil & Gas Future Forum on-demand now. 0:00:00 – Hydrogen on the Horizon Jeffrey McDonald, Hydrogen Pricing Specialist at S&P Global Platts Jeffrey Benoit, Vice President of Strategy, Marketing and Hydrogen Initiatives at PSM 0:40:00 – How HSE will transform following the pandemic Shaun Hannam, EMEA head of HSES […]
The company's net income rose 158% year-on-year in Q3 2021
Aramco’s net income for Q3 2021 rose 158% year-on-year (yoy) to $30.4 billion and the company declared a dividend of $18.8 billion to be paid in the fourth quarter. The increase in net income was primarily the result of higher crude oil prices and volumes sold and stronger refining and chemicals margins in Q3, which […]
The second day of the 5th Anniversary Future Investment Initiative (FII), which kicked off in Riyadh on Tuesday with world leaders, global CEOs, investors, and policymakers in attendance, saw another day of lively debate and discussions including the impact of climate change, investing in green initiatives, ESG and sustainable food security and their influence on […]
Prince Charles said that "the kingdom's global leadership in energy transition is critically important".
The UK’s Prince Charles addressed the Saudi Green Initiative Forum in Riyadh, noting the importance of cleaner energy and the need for a green recovery. “At last, and after far too long, climate change and biodiversity loss are clear global challenges of paramount importance to the world,” HRH the Prince of Wales said. “At the […]
Crown Prince Mohammed bin Salman Al Saud has launched the first set of Saudi Green Initiatives
Crown Prince Mohammed bin Salman Al Saud, the Head of the Higher Committee for the Saudi Green Initiative (SGI), launched the first set of SGI environmental initiatives at its inaugural annual forum. SGI will also monitor the impact of initiatives that have been previously announced. In his opening remarks, HRH the Crown Prince announced a […]
The Oil & Gas Future Forum is virtual and free to attend, and will comprise three panels starting at 2PM GST on 27 October–join us to hear from industry experts and to ask them your questions directly! Panel 1 – Hydrogen on the Horizon In our first discussion of the day, we will explore the […]
HE Yury Sentyurin, Secretary General of the GECF, comments on the role of gas in the energy transition
With such significant events as the G20 Environment, Climate and Energy Ministerial Meeting, the first ever UN High-level Dialogue on Energy and the two-years-long awaited UNFCCC COP26 in Glasgow, United Kingdom next month, 2021 has been dubbed as a year that will ‘make it or break it’ on climate action. Coming on the back of […]
Rachel Clingman, McDermott’s Executive Vice President of Sustainability and Governance at McDermott, answers our questions about engineering the energy transition
What are McDermott’s priorities in relation to the energy transition?We have a number of priorities based on the belief that multiple avenues will be needed to decarbonize capital infrastructure at scale and at the pace required while maintaining accessibility and affordability. We are actively partnering with clients and other innovators in five areas where we […]
From its new office in Riyadh, Nexans plans to provide local on-ground support to customers in Saudi Arabia
Nexans Telecom & Data division, a supplier of end- to-end network infrastructure solutions, today announced the opening of its office at Al Muruj in Riyadh, Saudi Arabia. In addition to Nexans Middle East hub in Dubai, this move increases Nexans presence in the Middle East, while bringing it closer to its customers and channel partners. […]
