Danish investors in DSV are pressing the logistics giant regarding environmental, social, and governance aspects of its $10 billion joint venture in Saudi Arabia, supporting the Neom mega-city project.

OPEC+ oil producers have agreed to voluntary output cuts totaling approximately 2.2 million barrels per day (bpd) for early next year, with Saudi Arabia continuing its existing voluntary cut.

A United Nations-backed report reveals that major fossil fuel-producing countries, including the United States, Russia, and Saudi Arabia, are on course to produce twice the amount of fossil fuels that exceed critical global warming thresholds by the end of this decade.

DSV, a logistics company, has secured an exclusive contract to provide logistics services for NEOM, a large development project in Saudi Arabia, encompassing cities, ports, research centers, and more.

Rising oil prices are impacting consumers, complicating the global fight against inflation, and contributing to Russia's war chest.

OPEC+ decided to maintain its current production cut strategy after Saudi Arabia extended its unilateral cutback of 1 million barrels a day into September.

Saudi Arabia has extended its unilateral oil production cut of 1 million barrels a day into September, and the country says it may extend or deepen the cuts further.

Saudi Arabia's state-owned oil company, Saudi Aramco, increased the prices of its crude oil in Europe, the Mediterranean, and Asia, contrary to expectations.

Saudi Arabia has achieved a significant milestone in its pursuit of commercial electric vertical take-off and landing (eVTOL) operations with the successful completion of the first test flight of a flying taxi.

The Middle East is experiencing rapid development, with notable projects like NEOM and the King Salman International Airport transforming the region.

Based on data from OPEC, Saudi Arabia's decision to cut oil production is expected to significantly tighten global markets in July 2023.

The company specializing in the new fuel tech, Brooklyn-based Amogy, is one of the leaders in ammonia-based alternative fuels.

In a move to entice investment firms on a global scale to take a look at the kingdom’s supply chain capabilities,

While the relationship between the two countries is critical, United States officials are vocalizing angry sentiments at the Saudi-led OPEC decision to cut oil production.

The Saudi Arabia and Russia-led Organization of Petroleum Exporting Countries (OPEC) made a decision last week that has been condemned by The White House and President Biden directly.