US First Solar to build the first phase of the $3.3 billion Dubai solar park
The Dubai Electricity and Water Authority ( DEWA ) has granted a contract to the US-based First Solar to build...
Energy
ABB wins $20 million order in Saudi Arabia
ABB has won an order worth over $20 million for high-voltage gas-insulated switchgear (GIS) from SSEM (Saudi Services For Electro...
Iraq targets 20,000 megawatts electricity
The Electricity Minister disclosed that Iraq is attempting to reach production levels of 20,000 megawatts of electricity by developing the...
150 renewable energy projects are underway across the region
The Clean Energy Business Council, a trade group based in Abu Dhabi, has released a map tracking the 150 renewable...
Saudi Aramco to invest $35 billion in oil projects over 5 years
Saudi Aramco plans to invest $35 billion over the next five years in projects to protect an oil production capacity...
Saudi Electricity Company posts $768 million profit
The Saudi Electricity Company (SEC) has posted a 32 percent rise in third-quarter net profit, beating analyst forecasts. The utility...
Dubai's Dewa awards $562 million maintenance contract to SIEMENS
The State-owned utility Dubai Electricity and Water Authority (DEWA) announced that it has awarded a US$ 562.1 million maintenance contract...
Solar water heaters market in Lebanon at $18.1 million
The Global Environment Facility, along with the United Nations Development Program (UNDP), estimated the size of Lebanon's solar water heaters...
Hyundai to build $3.2 billion Saudi power plant
South Korea's Hyundai Heavy Industries said it had won a $3.2 billion order to build a thermal power plant in...
Global oil consumption to slightly increase in 2012
Global oil demand is projected to reach 89.8 million barrels per day (b/d) in 2012, constituting an increase of 1%...
The resource of credible, industry-specific updates