Aramco invites Wasea plant bids

Saudi Aramco has invited contractors to submit their bid for the construction of a fuel distribution plant in Wasea, near the kingdom’s capital Riyadh, Reuters has reported. The plant is a wholesale receiving and distributing facility for oil products and would have capacity to handle 185,000 barrels per day of oil. The closing date for […]

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Aramco invites Wasea plant bids

Saudi Aramco has invited contractors to submit their bid for the construction of a fuel distribution plant in Wasea, near the kingdom’s capital Riyadh, Reuters has reported. The plant is a wholesale receiving and distributing facility for oil products and would have capacity to handle 185,000 barrels per day of oil. The closing date for […]

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Aramco invites Wasea plant bids

Saudi Aramco has invited contractors to submit their bid for the construction of a fuel distribution plant in Wasea, near the kingdom’s capital Riyadh, Reuters has reported. The plant is a wholesale receiving and distributing facility for oil products and would have capacity to handle 185,000 barrels per day of oil. The closing date for […]

Stock Trkr
Aramco invites Wasea plant bids

Saudi Aramco has invited contractors to submit their bid for the construction of a fuel distribution plant in Wasea, near the kingdom’s capital Riyadh, Reuters has reported. The plant is a wholesale receiving and distributing facility for oil products and would have capacity to handle 185,000 barrels per day of oil. The closing date for […]

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Saudi Electricity gets government reprieve

State-controlled Saudi Electricity has been granted an additional ten-year reprieve on paying dividends to the government, saving the utility company hundreds of millions of riyals per year, Reuters has reported. The firm, undergoing a deep restructuring to maintain profitability as it faces a 9% annual rise in power demand, has cut its workforce, tapped the […]

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Saudi Electricity gets government reprieve

State-controlled Saudi Electricity has been granted an additional ten-year reprieve on paying dividends to the government, saving the utility company hundreds of millions of riyals per year, Reuters has reported. The firm, undergoing a deep restructuring to maintain profitability as it faces a 9% annual rise in power demand, has cut its workforce, tapped the […]

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Saudi Electricity gets government reprieve

State-controlled Saudi Electricity has been granted an additional ten-year reprieve on paying dividends to the government, saving the utility company hundreds of millions of riyals per year, Reuters has reported. The firm, undergoing a deep restructuring to maintain profitability as it faces a 9% annual rise in power demand, has cut its workforce, tapped the […]

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Saudi Electricity gets government reprieve

State-controlled Saudi Electricity has been granted an additional ten-year reprieve on paying dividends to the government, saving the utility company hundreds of millions of riyals per year, Reuters has reported. The firm, undergoing a deep restructuring to maintain profitability as it faces a 9% annual rise in power demand, has cut its workforce, tapped the […]

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OPEC raises oil demand forecasts

OPEC has raised its global demand forecast for 2010 by 150,000 barrels a day and 2009 by 140,000 barrels a day on expectations of economic growth. The group now predicts that consumption will contract 1.8% this year to average 84.05 million barrels a day, only to expand 0.6% in 2010 to 84.56 million a day. […]

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OPEC raises oil demand forecasts

OPEC has raised its global demand forecast for 2010 by 150,000 barrels a day and 2009 by 140,000 barrels a day on expectations of economic growth. The group now predicts that consumption will contract 1.8% this year to average 84.05 million barrels a day, only to expand 0.6% in 2010 to 84.56 million a day. […]

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OPEC raises oil demand forecasts

OPEC has raised its global demand forecast for 2010 by 150,000 barrels a day and 2009 by 140,000 barrels a day on expectations of economic growth. The group now predicts that consumption will contract 1.8% this year to average 84.05 million barrels a day, only to expand 0.6% in 2010 to 84.56 million a day. […]

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OPEC raises oil demand forecasts

OPEC has raised its global demand forecast for 2010 by 150,000 barrels a day and 2009 by 140,000 barrels a day on expectations of economic growth. The group now predicts that consumption will contract 1.8% this year to average 84.05 million barrels a day, only to expand 0.6% in 2010 to 84.56 million a day. […]

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Major power outage hits Sharjah

A power outage in the UAE emirate of Sharjah left up to 90% of the city without power for hours on Monday evening, reported Khaleej Times. The Sharjah Electricity and Water Authority blamed the disruptions, which occurred from 3-7:30pm, on cable maintenance work. Industrial areas in the emirate have been experiencing power outages for the […]

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Major power outage hits Sharjah

A power outage in the UAE emirate of Sharjah left up to 90% of the city without power for hours on Monday evening, reported Khaleej Times. The Sharjah Electricity and Water Authority blamed the disruptions, which occurred from 3-7:30pm, on cable maintenance work. Industrial areas in the emirate have been experiencing power outages for the […]

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Major power outage hits Sharjah

A power outage in the UAE emirate of Sharjah left up to 90% of the city without power for hours on Monday evening, reported Khaleej Times. The Sharjah Electricity and Water Authority blamed the disruptions, which occurred from 3-7:30pm, on cable maintenance work. Industrial areas in the emirate have been experiencing power outages for the […]

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Major power outage hits Sharjah

A power outage in the UAE emirate of Sharjah left up to 90% of the city without power for hours on Monday evening, reported Khaleej Times. The Sharjah Electricity and Water Authority blamed the disruptions, which occurred from 3-7:30pm, on cable maintenance work. Industrial areas in the emirate have been experiencing power outages for the […]

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UAE delays nuclear reactor contract award

The UAE has delayed the awarding of its $41bn nuclear power station contract, originally due to take place this week, with all three groups of bidders still in the running, The National has reported. ‘What happened ultimately was some of the bids were so close in some areas, we decided to proceed with all three,’ […]

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UAE delays nuclear reactor contract award

The UAE has delayed the awarding of its $41bn nuclear power station contract, originally due to take place this week, with all three groups of bidders still in the running, The National has reported. ‘What happened ultimately was some of the bids were so close in some areas, we decided to proceed with all three,’ […]

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UAE delays nuclear reactor contract award

The UAE has delayed the awarding of its $41bn nuclear power station contract, originally due to take place this week, with all three groups of bidders still in the running, The National has reported. ‘What happened ultimately was some of the bids were so close in some areas, we decided to proceed with all three,’ […]

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UAE delays nuclear reactor contract award

The UAE has delayed the awarding of its $41bn nuclear power station contract, originally due to take place this week, with all three groups of bidders still in the running, The National has reported. ‘What happened ultimately was some of the bids were so close in some areas, we decided to proceed with all three,’ […]

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Iraq to hold energy conference

Iraq’s Electricity Ministry has said that a conference will be held in for international power companies on September 26 to explain and discuss its plans for urgently needed electricity projects up to 2012, Reuters has reported. The conference aims to identify selected sites according to the ministry’s plans to build new capacity and giving an […]

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Iraq to hold energy conference

Iraq’s Electricity Ministry has said that a conference will be held in for international power companies on September 26 to explain and discuss its plans for urgently needed electricity projects up to 2012, Reuters has reported. The conference aims to identify selected sites according to the ministry’s plans to build new capacity and giving an […]

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Iraq to hold energy conference

Iraq’s Electricity Ministry has said that a conference will be held in for international power companies on September 26 to explain and discuss its plans for urgently needed electricity projects up to 2012, Reuters has reported. The conference aims to identify selected sites according to the ministry’s plans to build new capacity and giving an […]

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Iraq to hold energy conference

Iraq’s Electricity Ministry has said that a conference will be held in for international power companies on September 26 to explain and discuss its plans for urgently needed electricity projects up to 2012, Reuters has reported. The conference aims to identify selected sites according to the ministry’s plans to build new capacity and giving an […]

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Kuwait inks $2.5bn deal with GE, Hyundai

The Kuwait government has signed a $2.5bn deal with General Electric and Hyundai Heavy Industries to build and operate the Subbiya power plant in the north of the country, state news agency reported. The plant will produce 2,000 megawatts, or 20% of the country’s current power output, Kuwait’s Minister of Electricity and Water Badr al-Shuraian […]

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Kuwait inks $2.5bn deal with GE, Hyundai

The Kuwait government has signed a $2.5bn deal with General Electric and Hyundai Heavy Industries to build and operate the Subbiya power plant in the north of the country, state news agency reported. The plant will produce 2,000 megawatts, or 20% of the country’s current power output, Kuwait’s Minister of Electricity and Water Badr al-Shuraian […]

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Kuwait inks $2.5bn deal with GE, Hyundai

The Kuwait government has signed a $2.5bn deal with General Electric and Hyundai Heavy Industries to build and operate the Subbiya power plant in the north of the country, state news agency reported. The plant will produce 2,000 megawatts, or 20% of the country’s current power output, Kuwait’s Minister of Electricity and Water Badr al-Shuraian […]

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Kuwait inks $2.5bn deal with GE, Hyundai

The Kuwait government has signed a $2.5bn deal with General Electric and Hyundai Heavy Industries to build and operate the Subbiya power plant in the north of the country, state news agency reported. The plant will produce 2,000 megawatts, or 20% of the country’s current power output, Kuwait’s Minister of Electricity and Water Badr al-Shuraian […]

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Jordan to sign nuclear cooperation pact with Canada

Jordan Nuclear Regulatory Commission will sign an agreement with the Canadian Nuclear Safety Commission in the field of nuclear administrative procedures, the Jordan Times has reported. Under the agreement, the two sides will exchange information and expertise in the fields of nuclear energy administration and nuclear safety. The agreement also aims to boost Jordanian cadres’ […]

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Jordan to sign nuclear cooperation pact with Canada

Jordan Nuclear Regulatory Commission will sign an agreement with the Canadian Nuclear Safety Commission in the field of nuclear administrative procedures, the Jordan Times has reported. Under the agreement, the two sides will exchange information and expertise in the fields of nuclear energy administration and nuclear safety. The agreement also aims to boost Jordanian cadres’ […]

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