KSA has shifted away from major construction projects toward clearer commercial returns under the Public Investment Fund’s (PIF) new strategy ...

Air Products (NYSE: APD) today announced it will not proceed with the Louisiana Clean Energy Complex (LCEC) project. The LCEC project exit and other portfolio actions will result in a pre-tax charge ...

A major Neom contractor has stopped work on the Saudi giga-project but still intends to expand in the kingdom, as Riyadh redirects spending towards transport, infrastructure and plans with clearer ...

APD is exiting the LCEC project and other clean energy plans, while advancing a Yara deal to market renewable ammonia ...

Saudi Arabia built a $20 billion port on the Red Sea as part of its NEOM vision but is anyone actually using it? In this ...

Officially, the 2030 World Cup is being held in six countries to celebrate the tournament’s 100th anniversary. Uruguay hosted ...

Saudi Arabia is staging itself as a global laboratory for the future with billions, mega buildings and maximum attention. The centerpiece of the large-scale NEOM project: a 170-kilometer-long mirror ...

Industrial gas major Air Products has abandoned its planned 1,700-tonne-per-day blue hydrogen project in Louisiana, resulting ...

Gulf states have spent billions on sports over the years, but as Saudi Arabia shifts to a more selective investment strategy, ...

The project in Darrow, Louisiana was first announced by Air Products in 2021, representing the company's largest U.S.

Air Products & Chemicals said it will not proceed with the Louisiana Clean Energy Complex project on the basis that its expected financial returns won't meet necessary levels. Air Products, which ...

Air Products has terminated its Louisiana Clean Energy Complex project and said it ​would record up to $2.9 billion in pre-tax charges in the ‌third quarter.