(EnergyAsia, May 11 2010, Tuesday) — By Fawzia Sheikh for Oilprice.com. The promise of green energy has intrigued the Middle East, but Saudi Arabia’s US$170 billion investment in traditional oil projects underscores lingering concern about betting on renewables. State Saudi Aramco, which will bankroll more than half that amount for energy and oil refining…
SAUDI ARABIA: Doubts linger over multibillion bet on renewable energy programme
Posted on May 10, 2010 by EnergyAsia