Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
Related Articles
Namibia eyes diversifying energy mix as oil stalls
TotalEnergies’ delayed FID for its Venus project will likely set back first oil, but Windhoek has other irons in the fire
A disorderly transition
Last year was one of records for renewables but also for oil, gas and coal, as the energy transition progresses in an increasingly uneven way, according to the Energy Institute’s latest annual report
US renewables receive unfair advantage
State administrations are using a flawed metric to justify green energy projects
Letter from Saudi Arabia: Oil and the materials transition
As the global economy grows, demand for materials is expected to increase. The way materials are made could incorporate new technologies in the future to ensure economic growth is more sustainable
Powering MENA’s digital future: AI datacentres and the case for SMRs
AI is powering the Middle East & North Africa’s digital transformation, but can the region meet soaring energy demand sustainably? Small modular reactors may hold the key
Sustainability’s true meaning
Ignoring questions of sustainability will not make the problems they focus on go away
Aramco works to accelerate DAC development
Direct air capture is still in its infancy, but organisations are seeking to leverage global collaborations and AI to discover new materials, with an aim of scaling up the technology and cutting costs
Outlook 2025: Digital in the grand alliance – driving energy technology beyond the transition
Global energy demand keeps rising, and digital technology will play a crucial role in both meeting that demand and doing so in a sustainable way
Saudi Jubail CCS hub advances with equity deal
Completion of phase-one construction expected in 2027 as technology providers SLB and Linde take equity stakes in one of world’s largest CCS projects
Saudi advances net-zero ambitions with $1.5b Siemens Energy deal
German firm secures deal to supply key power plant technologies that will provide nearly 4GW to the Kingdom, securing a 25-year maintenance contract for two power plants
Saudi Arabia’s crown prince Mohammed bin Salman
Saudi Arabia Renewables
Clare Dunkley
8 April 2021
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Riyadh moves for regional green leadership

Elements of Saudi Arabia’s domestic strategy and sudden assertion of leadership stretch credibility, but its plans are indicative of a reluctant embrace of global trends

Between offering a ceasefire in Yemen and shifting oil production in favour of American motorists, Saudi Arabia’s crown prince Mohammed bin Salman found time for another headline-grabbing effort to rehabilitate his tattered reputation—especially in the eyes of environmentalist US president Joe Biden. The embattled heir and de facto ruler took to the television screens in late March to launch the Saudi Green Initiative. It is a hugely ambitious ten-year programme to radically reduce carbon emissions and land degradation. For good measure, he also unilaterally unveiled a Middle East Green Initiative, extending similar goals across the region. Faced with mounting international decarbonisa

Also in this section
China eyes global collaboration on CCUS
22 July 2025
Sinopec hosts launch of global sharing platform as Beijing looks to draw on international investors and expertise
Nigeria bids to unlock carbon market billions
22 July 2025
Africa’s most populous nation puts cap-and-trade and voluntary markets at the centre of its emerging strategy to achieve net zero by 2060
EU’s binding CCS targets: A burden or a blessing?
17 July 2025
Oil and gas companies will face penalties if they fail to reach the EU’s binding CO₂ injection targets for 2030, but they could also risk building underused and unprofitable CCS infrastructure
Brazil eyes leadership role in global carbon market
9 July 2025
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search