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...
Energy
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%...
GCC power investments put at over $63 billion
Gulf hydrocarbon producers are expected to pump more than $63 billion into projects over the next five years to expand...
GCC urged to develop gas sector amid mounting domestic demand
Gulf hydrocarbon producers need to improve the natural gas sector amid growing gas demand to fuel rising power consumption, the...
Saudi Arabia finds new gas field in Red Sea
Saudi Arabia's Aramco, the world's largest energy company, has discovered a new gas field in the Red Sea, 26 kilometers...
Oman plans 200 million barrels oil tank farm
Oman is considering building a facility to store up to 200 million barrels of crude, the head of a state-run...
$30 billion oil sector capital expenditure in Oman
Petroleum Development Oman ( PDO ), the country's flagship oil and gas company, has projected a capital expenditure of a...
Bahrain developing a viable alternative energy
The Kingdom has edged one step closer to developing a viable alternative energy infrastructure with its implementation of a solar...
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