Middle East & North Africa

Riding the wave, Aramco reports super results
May 15, 2022After the extraordinary results of its main competitors, such as Shell, ExxonMobil and BP, Saudi oil giant Saudi Aramco has reported a more than 80 percent increase in profits. The latter not only is topping analysts’ expectations but also a quarterly earnings record since its IPO.

Renewable energy set for record year in 2022 powered by solar and wind
May 13, 2022The renewable energy sector is set for a record year in 2022, bolstered by new capacity for generating electricity from solar, wind and other renewables as governments worldwide increasingly seek to boost energy security and climate benefits, according to the International Energy Agency.