Saudi Aramco and Total today signed an agreement to develop a network of retail fuel service stations in Saudi Arabia. The 50:50 joint venture (JV) plans to invest around $1 billion over the next 6 years in the Saudi retail fuel market to provide motorists with premium fuels and retail services in...
OPEC production fell to a four-year low in January as it applied a new pact to boost global oil prices, the International Energy Agency said Wednesday, but Russia and other ex-Soviet states failed to cut back output as much as promised.
The Paris-based organization said that OPEC crude output...
SMART GRIDS COULD SAVE GCC BILLIONS IN INFRASTRUCTURE INVESTMENT BY 2020, SAYS MIDDLE EAST ELECTRICITY REPORT
The GCC could save up to US$ 10 billion in infrastructural investment in the coming year through the use of smart grids, according to the MENA Power Industry Outlook.
The...
The National Water Company announced the commencement of water supply to several districts in Jeddah including Al-Hamdaneyah, Al-Kawthar, Al-Salehiyah, Al-Asalah, and Taibah.
Eng Muhammad Saleh Al-Ghamedi, General Manager of Water in Makkah region, said that this comes after the...
Baker Hughes, a GE Company (NYSE: BHGE) announced today an agreement with Emirates National Oil Company (ENOC) to co-develop VitalyX*, a real-time lubricant monitoring system. VitalyX can be deployed in multiple industries using large machinery, and the advanced cloud-based system is designed...
A senior delegation of government and business dignitaries has witnessed first-hand the steady progress being made in the development of the 50-megawatt (MW) Dhofar Wind Farm, the GCC’s first utility-scale wind farm.
Visiting the project site in the southern Dhofar Governorate of ...
Bahrain and Saudi Aramco have agreed to set up a team to conduct a feasibility study on boosting oil output, benefiting from the carbon dioxide produced by Saudi Aramco.
The decision came following a meeting held by Bahrain's Oil Minister Shaikh Mohammed bin Khalifa Al-Khalifa ...
World Vision and Panasonic Corporation have launched an Off-grid Solutions Project in Narok County, Kenya. Panasonic has donated power supply stations, solar storage devices, solar lanterns and other lighting equipment at the launching ceremony held on January 31, 2019, in Ilkimati community in...
Saudi Arabia has launched the second phase of its Renewable Energy Program, which will comprise seven solar projects worth $1.5 billion.
The combined generation capacity will be 1.51 gigawatts (GW), enough to power 226,500 households, according to a statement from the Renewable Energy Project...
Almar Water Solutions, part of Abdul Latif Jameel, has been awarded a contract to develop a desalination plant in the city of Shuqaiq, on the Red Sea coast of Saudi Arabia. Over $600m will be invested in the project, creating 700 jobs, in line with Saudi Arabia’s Vision 2030 and its...