Crude oil and petroleum product prices increased significantly in the first quarter of 2026 (1Q26), particularly following military action in the Middle East on February 28 and the subsequent de facto closure of the Strait of Hormuz. In this quarterly update, we review petroleum markets price developments in 1Q26, covering … [continued]
The U.S.-Israeli military campaign against Iran took a dangerous turn on March 18, 2026, with tit-for-tat strikes on critical energy infrastructure that amount to the most serious regional escalation since the conflict began. First, an Israeli drone strike targeted facilities at Iran’s Asaluyeh complex, damaging four plants that treat gas from the offshore South … [continued]
Last month, CleanTechnica carried a story about the growing footprint of Lucid Motors in the Kingdom of Saudi Arabia. The company’s expanding presence in the Middle East, centered on its assembly facility at King Abdullah Economic City near Jeddah, has often been presented as a milestone for both the automaker … [continued]
When Lucid Motors announced plans to build its first manufacturing facility outside the United States in 2022, the move was framed as both symbolic and strategic. The plant in King Abdullah Economic City (KAEC) would not only become Saudi Arabia’s first car factory, but also a cornerstone of the kingdom’s … [continued]
In Creating the Factory of the Future, Lucid’s Manufacturing Vision Puts People Ahead of Machines At Rockwell Automation Fair 2025 three months ago, one of the most quietly consequential conversations about the future of manufacturing did not revolve around artificial intelligence, robotics, or automation speed. Instead, it centered on a … [continued]
Electric air taxis may be a dead end idea. I think they probably are. Except in some niche, limited markets and applications. To be honest, though, Saudi Arabia may be one of those markets, and authorities there certainly seem to think so. The country’s aviation regulator, General Authority of Civil … [continued]
Representatives from China, Turkey, the Middle East, and Europe met in Uzbekistan last week to celebrate a new renewable energy initiative.
US, UAE, Saudi Arabia and other oil producing countries are pressuring EU to abandon its green shipping measures in return for weaker global deal. The US, UAE, Saudi Arabia and other oil producing countries are pressuring the EU to abandon its green shipping measures in an effort to force Europe … [continued]
The Estonian electrolyzer firm Stargate Hydrogen is among the startups pursuing the global green hydrogen market.
WeRide has received approval to operate robotaxis in Saudi Arabia. It is partnering with Uber and Ai Driver and doing the pilot in Riyadh, the capital city of Saudi Arabia. By the end of the year, the companies plan to have full-scale commercial operations up and running. Haven’t heard of … [continued]
