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A new report finds the state-owned oil giant has omitted emissions data in disclosures to investors, making its carbon footprint worse than previously thought.
Saudi oil giant moves to allay speculation that it is considering shelving or scrapping its international IPO following reports in Western media outlets.
A year ago, Saudi Arabia's sovereign wealth fund, the Public Investment Fund, said it would set up the Regional Voluntary Carbon Market Company (RVCMC) with Saudi's Tadawul Group, operator of the Riyadh-based Saudi Exchange.
Saudi's global network of influence continues to expand eastwards, with the Southeast Asian country Thailand the latest to be courted by Mohammed bin Salman's administration. What are the motives behind this friendship, and what does it reveal?
The kingdom, one of the world's biggest polluters, said it would also join a global effort to cut methane emissions by 30 percent by 2030.
![red sea [Getty]](/sites/default/files/styles/large_16_9/public/media/images/5877CE3B-3B74-4E07-8EE2-C040042198EB.jpg?h=d1cb525d&itok=IvojqFvm "red sea [Getty]")
Saudi Arabia has unveiled an ambitious plan to develop its Red Sea coastline into a resort the size of Belgium in a bid to boost its non-oil economy.
Abu Dhabi National Oil Company also disclosed for the first time the emissions from its operations, which reached about 24 million metric tons of carbon dioxide equivalent in 2022.
American cultural and education bodies are distancing themselves from Riyadh amid global anger over the disappearance and alleged brutal murder of prominent Saudi journalist Jamal Khashoggi, reports James Reinl.