Saudi Arabia seeks to become a leading supplier of hydrogen, which produces water when burned and is carbon-free. The “green” ...

The company will invest a minimum of $10bn (SR37.55bn), with the potential for this amount to increase in the future based on ...

Saudi Arabia is focusing heavily on developing low- and zero-carbon hydrogen technologies, aiming for significant global ...

DUBAI — Governor of Saudi Public Investment Fund (PIF) and Chairman of Saudi Aramco Yasir Al-Rumayyan said that Saudi Aramco will be one among the largest investors in the production of blue ...

Saudi Arabia has launched a new company to finance green hydrogen production, Bloomberg reported. The Public Investment Fund ...

Aramco has signed final agreements to acquire shares in Blue Hydrogen Industrial Gases (BHIG), a subsidiary of Air Products Qudra (APQ). This is stated in the Aramco message. The deal, which is ...

The Public Investment Fund (PIF) has announced plans to invest at least USD 10 billion in low-carbon fuel production through ...

The kingdom’s sovereign wealth fund, chaired by de facto ruler Crown Prince Mohammed bin Salman, has created a company called Energy Solutions to finance “green hydrogen power ... depending on the ...

Saudi Arabia is home to one of the few large-scale green hydrogen projects in the world to start construction. One of the $8 billion project’s equity partners agreed to buy its full output, clearing a ...

Saudi Arabia wants to provide 15% of blue hydrogen production globally, in addition to investing in green hydrogen, PIF governor and Aramco chairman Yasir Al Rumayyan said in February.

This entity will focus on financing green hydrogen power production ... will be made alongside the state-owned oil company Aramco. PIF representatives declined to comment on the news.