The world’s biggest solar plant is a perfect partnership for an ambitious investment fund and a country moving away from fossil fuels

Electronic hardware firm Sharp has become the latest investor to join the world’s largest private equity fund

After 20 years in the role, Saudi Arabia’s powerful Minister of Petroleum and Mineral Resources has been dismissed from his role, in the midst of wider ministerial reshuffling in the country

The world’s major oil producers failed to reach an agreement on freezing output, after the Saudis refused to allow Iran an exemption

Despite maintaining near-record production levels, Saudi Arabia has seen its share of the world oil market contract

While plummeting oil prices have been felt around the world, they have brought about a couple of fundamental changes in Saudi Arabia

Speaking in Texas, the Saudi oil minister said the kingdom will not cut production and high-cost producers should leave the market first

After a meeting in Doha, leading OPEC members and Russia agreed to hold oil production at January levels

The Saudis and Venezuelans described their meeting as successful, despite no production cut agreement being formally reached

The oil rich Kingdom, facing fiscal pressure from low world oil prices, may cut citizen energy subsidies

Saudi Arabia’s attempt to undermine oil-producing competitors has had some limited success, but the resulting low prices expose a disaster in the waiting

One of the biggest oil producers in the world is set to invest heavily in solar power, marking a turning point for a once troubled industry