Bloomberg | Saudis Kick Off $50 Billion Renewable Energy Plan to Cut Oil Use Bloomberg Saudi Arabia is kicking off its $50 billion renewable-energy push as the world's top crude exporter turns to solar and wind power to temper domestic oil use in meeting growing energy demand. Bidders seeking to qualify to build 700 megawatts of wind and ... Oil prices push higher, lifted by decline in Saudi exports Russia overtakes Saudi Arabia as the world's largest producer of crude oil Middle East Oil & Gas Investment Surges To $294 Billion |