Saudi Aramco is considering the sale of four to five gas-fired power plants, which supply its refineries, to raise approximately $4 billion. This move is part of a broader strategy to support Saudi Arabia's Vision 2030 initiative, sustain dividend payments amid lower crude oil prices, and fund the kingdom's ambitious mega-projects. In addition to these asset sales, Aramco is also in advanced talks to sell a roughly $10 billion stake in midstream infrastructure related to the Jafurah natural gas project to a group led by BlackRock's Global Infrastructure Partners (GIP). Concurrently, Saudi Arabia is advancing its renewable energy agenda, with ACWA Power signing agreements with European companies to export renewable energy, including green hydrogen, under the India-Middle East-Europe Corridor (IMEC) initiative. These developments underscore the kingdom's efforts to diversify its energy portfolio and transition from oil dependence toward cleaner energy sources.