But Saudi Arabia may be a step ahead of the competition in this respect. It is already building a green hydrogen plant, set to be completed by the end of 2026.

In a green Saudi Arabia, he says, the country would cut its own fossil-fuel consumption by about 1 million barrels a day. It could then sell that oil on world markets, and earn nearly $100 million ...

Saudi Arabia has taken a major step toward sustainable finance with the issuance of its first sovereign green bond in February 2025. The bond received an overwhelming response from global ...

Saudi Arabia regards Italy as a useful ally to help it deliver green energy and fuels - including hydrogen produced with renewable power - to Europe, the kingdom's investment minister said on ...

Saudi Arabia is also set to build 13 renewable energy projects with a total generating capacity of 11.4 gigawatts, though experts said that’s a step back from numbers announced in previous years.

An engineering study has assessed a HIsmelt-based 1.1-million-tonne-a-year pig iron production facility to capitalise on Saudi Arabia’s drive for low-emissions steel production.