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Saudi Crown Prince Launches Plan to Build Zero-carbon City
Saudi Arabia Crown Prince Mohammed bin Salman unveiled plans in a rare televised appearance to build a zero-carbon city to house a million residents in "carbon-positive urban developments powered by 100% clean energy."
Sole Survivor? Saudi Aramco Doubles Down on Oil to Outlast Rivals
Aramco's plan to boost its capacity to 13 million bbl/d is central to its strategy as it wants to be ready to grab a bigger market share when demand recovers, sources briefed on Saudi Arabia's oil thinking said.
Oil Giant Aramco May Have to Sell Assets to Maintain Saudi Dividend
While Saudi Arabia has increased non-oil revenues this year, Saudi Aramco still accounted for more than half its total income, and will be key to containing a budget shortfall this year.