Trending News: Analyst Explains Friday’s Oil Price RiseTop 5 takeaways from the Gulf’s toughest weekTHE NEW ESG – For Energy, ESG Now Means Economics, Security and GeopoliticsDaily Ship Traffic in Strait of Hormuz Plummets From 138 to Just 2HSFO Prices Jump 40% as War Chokes Key Singapore Bunkering HubIMF: Oil Price Shock Tests Global Economic ResilienceEurope-Bound LNG Cargoes Divert to Asia as War Upends Gas MarketQatarEnergy warns on Polish LNG delivery following force majeureCarbonfuture signs carbon removal credit deal with BoeingNigeria Needs $23 Billion To Electrify 143,000 Communities, Says REAPivot Energy And Sustain Our Future Foundation Partner To Support Communities and Expand Solar ProjectsAnalysts See ‘Significant Yet Short Lived’ Oil Price RalliesVideo | Hormuz crisis: what it means for global LNG and helium supplySlovenia Approves Solar Project On Former Landfill Site In MariborAncillary Services Gain Importance As Renewable Energy Growth Reshapes Gulf Power GridsWeek in Africa: JinkoSolar Connects Tanzania Solar; Natura Closes 31 MW Solar and More…Oil Prices Have Climbed 21% This WeekEcopetrol Eyes Oil Output Boost As Iran Crisis Pushes Up PricesQatar Leases Tankers as LNG Market Hits Crisis ModeAll Russian Arctic Yamal LNG exports ‘flowed to EU in February’Shell Signs Oil and Gas Exploration Deal in KazakhstanDrone Strike Hits Bahrain Refinery as Crack Spreads SurgeIndian Refiners Snap Up Russian Crude after US WaiverTrump On Rising Gas Prices During Iran Operation: ‘If They Rise, They Rise’US Weighs Oil Futures Market Action to Combat Rising Energy Prices – WH OfficialIEA sees no need yet to release emergency oil reserves amid Iran crisisUS establishes Nuclear Energy Launch PadGBE-N granted licence to generate electricityRook I uranium project gets construction approvalOil Tanker Hit By Blast Near Kuwait, Major Leak ReportedEnergy Dominance Won’t Stop US Fuel Costs Pushing HigherMore Tankers Come Under Attack as US-Iran Conflict Spreads in the RegionAsia’s Refining Margins Soar to 4-Year High as Hormuz Chokes Crude SupplyJapanese Refiners Urge Government to Release Strategic Oil ReservesLNG Shipping Rates Soar 650% to $300,000 Per DayCO2next launches market test for CO2 rail deliveries in RotterdamUK to miss next two emissions targets forecasts DNVNO TAKERS: Oil Companies Shun Trump Administration’s Alaska Offshore AuctionAmericas Heavy Crude Prices Hit Multi-Year Highs as Iran Conflict Disrupts Oil MarketsUS Diesel Hits $4 Per Gallon as Fuel Costs Rise Amid Escalating Middle East ConflictIndia Seeks US Marine Cover for Middle East Energy Cargoes, Source SaysTwo Russian Urals Tankers Divert 1.4 Million Barrels to Indian PortsAsian LNG Prices Fall on U.S. Plan to Secure Hormuz StraitDozens of Asia-Flagged Oil Tankers Stranded near Strait of HormuzBP and Iberdrola eye May start-up of 25MW green hydrogen plantSvante acquires CCS developer Carbon AlphaEU’s energy act welcomed as industry urges gradual rollout of ‘Made in Europe’ rulesEU’s energy act welcomed as industry urges gradual rollout of ‘Made in Europe’ rulesTop Stories Of The Day: UltraTech Invests in Solar + BESS; India Launches Carbon Marketplace and More…Middle East Tensions Push German States To Urge Faster Renewable Energy ExpansionSunpower & Consultants Pvt. Ltd. Wins PM-KUSUM Project of the Year at Solar Contractors Meet Varanasi 2026Analysis: Fertiliser markets brace for disruption as Gulf crisis threatens ammonia and urea supplyClean Energy Firm ThomasLloyd to Go Public Through $850M SPAC Merger with Roman DBDRZelestra Strengthens U.S. Market Presence With Multi-Technology Solar Projects And Corporate Renewable PartnershipsChina Halts Fuel Exports Amid Global Market SqueezeExxon Ships U.S. Gasoline to AustraliaAre We Heading for an All-Out War in the Middle East?Gulf crisis global impact ‘could be more critical’ than 2022Iran Claims It Has “Complete Control” Over Strait of HormuzU.S. and Japan Ponder Nuclear Energy Project in Massive $550 Billion DealU.S. Gives Rosneft’s German Refinery Network Open-Ended Sanctions ExemptionCan the US Gulf insurance plan ensure safe shipping?Japan Refiners Ask Government to Tap Crude StocksInsurance Broker Marsh Meets US Officials on Restoring Gulf Maritime Trade Amid Iran WarNRC issues construction permit for first Natrium plantAsia oil crunch deepens as Middle East conflict disrupts fuel suppliesThe Chukotka icebreaker’s emergency diesel generators testedResearch aims to bring MSRs closer to commercialisationContracts awarded for Dukovany control system modernisationEC needs strategy in efforts to improve global nuclear safety, say auditorsUS Crude Stocks Climb to Near 1-Year High as Exports and Imports Fall, EIA SaysTrump’s Hormuz Shipping Plan is too Little, too Late in Race to Avert Energy Shock: BoussoUS Treasury Secretary Bessent Says Oil Market Well Supplied Amid Iran WarAsian Markets in Free Fall as Oil Price Surge Stokes Inflation FearsIndian Refiner MRPL Declares Force Majeure on Gasoline ExportsQatarEnergy Declares Force Majeure After Halting LNG ProductionHelium players introduce surcharges as Qatar shuts gas liquefactionTrump to Meet Tech Giants on Energy Pledge Ahead of MidtermsThere is Little US LNG Producers Can do to Immediately Replace Lost Qatari CargoesGoldman Sachs Raises Q2 Brent Oil Price Forecast by $10 to $76 a BarrelHormuz Shutdown Worsens After US Hits Iranian Warship; Tankers Stranded for Fifth DayAsian LNG Prices Soar to Three-Year HighGoldman Sachs Hikes Q2 Brent Oil Price Forecast by $10Barclays Warns Grid Constraints Could Strand Renewables AssetsAlfa Laval to supply cryogenic tech for South Korea’s first liquid air energy storage plantJapan studies bio-based CO2 liquefaction from waste incinerationSolar chemistry moves NASA closer to lunar oxygen productionHelium supply confidence rocked by Gulf conflictOil Prices up 1% as Iran Crisis Disrupts Middle East SupplyJP Morgan Warns of Catastrophic Oil Supply Loss from Middle East WarOil, Fuel Contracts Break Records on Surging PricesAnalyst Outlines 2 Potential Scenarios for ConflictSaatvik Solar Displays Comprehensive Solutions at The smarter E IndiaAI-Driven Inverse Design Enables Full-Color, High-Efficiency Semitransparent Perovskite Solar CellsShipping and trade lawyers’ workloads rise as Gulf crisis disputes soarNasa resolves helium flow issue on Artemis II rocketCanada’s Heavy Crude Tightens as Hormuz Risk Ripples Through Global MarketsSanctioned Russian LNG Tanker Explodes in Mediterranean — A First of Its Kind?US Crude Oil Inventories Continue to Build While Gasoline Draws DownSolar and Storage Lessons from Space Can Power Northeast India: Shukla
Fri. Mar 6th, 2026
Trending News: Analyst Explains Friday’s Oil Price RiseTop 5 takeaways from the Gulf’s toughest weekTHE NEW ESG – For Energy, ESG Now Means Economics, Security and GeopoliticsDaily Ship Traffic in Strait of Hormuz Plummets From 138 to Just 2HSFO Prices Jump 40% as War Chokes Key Singapore Bunkering HubIMF: Oil Price Shock Tests Global Economic ResilienceEurope-Bound LNG Cargoes Divert to Asia as War Upends Gas MarketQatarEnergy warns on Polish LNG delivery following force majeureCarbonfuture signs carbon removal credit deal with BoeingNigeria Needs $23 Billion To Electrify 143,000 Communities, Says REAPivot Energy And Sustain Our Future Foundation Partner To Support Communities and Expand Solar ProjectsAnalysts See ‘Significant Yet Short Lived’ Oil Price RalliesVideo | Hormuz crisis: what it means for global LNG and helium supplySlovenia Approves Solar Project On Former Landfill Site In MariborAncillary Services Gain Importance As Renewable Energy Growth Reshapes Gulf Power GridsWeek in Africa: JinkoSolar Connects Tanzania Solar; Natura Closes 31 MW Solar and More…Oil Prices Have Climbed 21% This WeekEcopetrol Eyes Oil Output Boost As Iran Crisis Pushes Up PricesQatar Leases Tankers as LNG Market Hits Crisis ModeAll Russian Arctic Yamal LNG exports ‘flowed to EU in February’Shell Signs Oil and Gas Exploration Deal in KazakhstanDrone Strike Hits Bahrain Refinery as Crack Spreads SurgeIndian Refiners Snap Up Russian Crude after US WaiverTrump On Rising Gas Prices During Iran Operation: ‘If They Rise, They Rise’US Weighs Oil Futures Market Action to Combat Rising Energy Prices – WH OfficialIEA sees no need yet to release emergency oil reserves amid Iran crisisUS establishes Nuclear Energy Launch PadGBE-N granted licence to generate electricityRook I uranium project gets construction approvalOil Tanker Hit By Blast Near Kuwait, Major Leak ReportedEnergy Dominance Won’t Stop US Fuel Costs Pushing HigherMore Tankers Come Under Attack as US-Iran Conflict Spreads in the RegionAsia’s Refining Margins Soar to 4-Year High as Hormuz Chokes Crude SupplyJapanese Refiners Urge Government to Release Strategic Oil ReservesLNG Shipping Rates Soar 650% to $300,000 Per DayCO2next launches market test for CO2 rail deliveries in RotterdamUK to miss next two emissions targets forecasts DNVNO TAKERS: Oil Companies Shun Trump Administration’s Alaska Offshore AuctionAmericas Heavy Crude Prices Hit Multi-Year Highs as Iran Conflict Disrupts Oil MarketsUS Diesel Hits $4 Per Gallon as Fuel Costs Rise Amid Escalating Middle East ConflictIndia Seeks US Marine Cover for Middle East Energy Cargoes, Source SaysTwo Russian Urals Tankers Divert 1.4 Million Barrels to Indian PortsAsian LNG Prices Fall on U.S. Plan to Secure Hormuz StraitDozens of Asia-Flagged Oil Tankers Stranded near Strait of HormuzBP and Iberdrola eye May start-up of 25MW green hydrogen plantSvante acquires CCS developer Carbon AlphaEU’s energy act welcomed as industry urges gradual rollout of ‘Made in Europe’ rulesEU’s energy act welcomed as industry urges gradual rollout of ‘Made in Europe’ rulesTop Stories Of The Day: UltraTech Invests in Solar + BESS; India Launches Carbon Marketplace and More…Middle East Tensions Push German States To Urge Faster Renewable Energy ExpansionSunpower & Consultants Pvt. Ltd. Wins PM-KUSUM Project of the Year at Solar Contractors Meet Varanasi 2026Analysis: Fertiliser markets brace for disruption as Gulf crisis threatens ammonia and urea supplyClean Energy Firm ThomasLloyd to Go Public Through $850M SPAC Merger with Roman DBDRZelestra Strengthens U.S. Market Presence With Multi-Technology Solar Projects And Corporate Renewable PartnershipsChina Halts Fuel Exports Amid Global Market SqueezeExxon Ships U.S. Gasoline to AustraliaAre We Heading for an All-Out War in the Middle East?Gulf crisis global impact ‘could be more critical’ than 2022Iran Claims It Has “Complete Control” Over Strait of HormuzU.S. and Japan Ponder Nuclear Energy Project in Massive $550 Billion DealU.S. Gives Rosneft’s German Refinery Network Open-Ended Sanctions ExemptionCan the US Gulf insurance plan ensure safe shipping?Japan Refiners Ask Government to Tap Crude StocksInsurance Broker Marsh Meets US Officials on Restoring Gulf Maritime Trade Amid Iran WarNRC issues construction permit for first Natrium plantAsia oil crunch deepens as Middle East conflict disrupts fuel suppliesThe Chukotka icebreaker’s emergency diesel generators testedResearch aims to bring MSRs closer to commercialisationContracts awarded for Dukovany control system modernisationEC needs strategy in efforts to improve global nuclear safety, say auditorsUS Crude Stocks Climb to Near 1-Year High as Exports and Imports Fall, EIA SaysTrump’s Hormuz Shipping Plan is too Little, too Late in Race to Avert Energy Shock: BoussoUS Treasury Secretary Bessent Says Oil Market Well Supplied Amid Iran WarAsian Markets in Free Fall as Oil Price Surge Stokes Inflation FearsIndian Refiner MRPL Declares Force Majeure on Gasoline ExportsQatarEnergy Declares Force Majeure After Halting LNG ProductionHelium players introduce surcharges as Qatar shuts gas liquefactionTrump to Meet Tech Giants on Energy Pledge Ahead of MidtermsThere is Little US LNG Producers Can do to Immediately Replace Lost Qatari CargoesGoldman Sachs Raises Q2 Brent Oil Price Forecast by $10 to $76 a BarrelHormuz Shutdown Worsens After US Hits Iranian Warship; Tankers Stranded for Fifth DayAsian LNG Prices Soar to Three-Year HighGoldman Sachs Hikes Q2 Brent Oil Price Forecast by $10Barclays Warns Grid Constraints Could Strand Renewables AssetsAlfa Laval to supply cryogenic tech for South Korea’s first liquid air energy storage plantJapan studies bio-based CO2 liquefaction from waste incinerationSolar chemistry moves NASA closer to lunar oxygen productionHelium supply confidence rocked by Gulf conflictOil Prices up 1% as Iran Crisis Disrupts Middle East SupplyJP Morgan Warns of Catastrophic Oil Supply Loss from Middle East WarOil, Fuel Contracts Break Records on Surging PricesAnalyst Outlines 2 Potential Scenarios for ConflictSaatvik Solar Displays Comprehensive Solutions at The smarter E IndiaAI-Driven Inverse Design Enables Full-Color, High-Efficiency Semitransparent Perovskite Solar CellsShipping and trade lawyers’ workloads rise as Gulf crisis disputes soarNasa resolves helium flow issue on Artemis II rocketCanada’s Heavy Crude Tightens as Hormuz Risk Ripples Through Global MarketsSanctioned Russian LNG Tanker Explodes in Mediterranean — A First of Its Kind?US Crude Oil Inventories Continue to Build While Gasoline Draws DownSolar and Storage Lessons from Space Can Power Northeast India: Shukla
Fri. Mar 6th, 2026

NESR Breaks Ground on 180,000 sq m Facility at King Salman Energy Park to Advance Energy Localisation and Innovation

Representational image. Credit: Canva

King Salman Energy City (KSBC) has announced the groundbreaking of a 180,000-square-metre facility by National Energy Services Reunited (NESR) within the King Salman Energy Park (Spark), marking a significant step toward advancing Saudi Arabia’s energy localisation and innovation goals.

According to a KSBC , the project underscores NESR’s commitment to supporting the localisation of the Kingdom’s energy sector, while driving innovation and sustainability in alignment with Saudi Vision 2030.

The facility is set to play a key role in strengthening local capabilities and fostering industrial development in the energy services sector, aligning with broader national objectives of economic diversification and technological advancement.

Established in 2017, NESR is one of the largest national oilfield services companies operating across the Middle East, North Africa, and Asia Pacific regions. It holds the distinction of being the first national energy company from the MENA region to be listed on the Nasdaq.

The development at Spark represents a strategic move in building advanced infrastructure to support energy transformation, creating opportunities for job growth, knowledge transfer, and greater private sector participation in Saudi Arabia’s evolving energy ecosystem.

 

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