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...
Power & Electricity
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...
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...
GCC electricity linkage project proved successful
The Saudi Minister of Water and Electricity Engineer Abdullah bin Abdulrahman Al-Hossein said that electrical linkage among the Gulf Cooperation...
Finnish-Korean consortium to build a $552 million power plant in Jordan
Finnish industrial group Waertsilae said that a consortium it formed with a South Korean construction company is to build a...
Saudi Electricity Co. set for $ 10 billion expenditure
The Saudi Electricity Co. (SEC) will have capital expenditure needs of nearly $ 10 billion next year, a senior executive...
Mena oil producers plan $740 billion investment in energy projects
Oil producers in the Middle East and North Africa plan to invest $ 740 billion in energy projects in the...
SEC signs deals worth SR 1.8 billion to boost power efficiency
Saudi Electricity Company ( SEC ) signed five contracts worth SR 1.8 billion for the construction of sub-stations and power...
Iraq to spend $500 billion on energy projects by 2030
Iraq will invest around $500 billion in energy and linked industries with the help of the private sector by 2030,...
Citigroup: Production of gas will eventually lead Lebanon to energy independence
Citigroup expected the progress in Lebanon's efforts to exploit its potential offshore gas reserves to be slow but steady. It...
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