Global oil stockpiles are "scarily thin" owing to the US-Iran war, Saudi Aramco's chief executive Amin Nasser said Monday. "The system is already straining," Nasser told the Energy Intellligence Forum in London.
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UAE renewables company Masdar has started construction on three battery energy storage projects in Spain. The projects will add more than 60 megawatts of battery storage capacity and over 120 megawatt-hours of storage to solar plants in the Extremadura and…
Saudi Aramco's financial results and Saudi Arabia's third-quarter budget performance report, released on the same day, revealed a divergence between the company's rising profits and declining government oil revenue recorded in the state budget.
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