Saudi Electricity Co (SEC), the Gulf’s largest utility firm, is looking for investment opportunities to offset financial pressures on its core electricity business, its chief executive said. “Because we are squeezed a...
Saudi Aramco is in negotiation to buy 1.7 million barrels of gasoil for delivery in May, its largest spot requirement in recent months, to meet a potential rise in domestic demand for the power generation fuel in summ...
An American and a German firm will operate in Egypt to generate 3,600 megawatts of electricity together, Egypt’s premier said on Monday. The companies have been contracted by the armed forces, Prime Minister Ibr...
The foundation stone for a multi-fuel run electricity generation mega-project has been laid in Jordan, according to a report. The plant, which will be implemented by the Amman-Asia Electric Power Company, coded IPP3, ...
It was previously announced that 10 banks will contribute to a loan for EEHC. A new announcement, reported by Amwal al Ghad saya that five banks have reached a final agreement on their shares in a US$521 million loan ...
Plans to spend BD5 million ($13.1 million) on a new power station that will feed Tubli Sewage Treatment Plant in Bahrain, which is undergoing a major expansion, have been given the green light. The Electricity and Wat...
Egyptian General Petroleum Corporation (EGPC) revealed on Friday a bid to import four shipments of diesel oil (768,000 tons), in efforts to provide the required fuel needed to supply electricity stations during the su...
The state-owned Oman Power and Water Procurement Company (OPWP) has started inviting tenders from major companies for provision of consultancy services to the Salalah 2 Independent Power Plant. The project, to be loca...
UAE’s Federal Electricity and Water Authority (FEWA) is set to create a series of solar power stations with a capacity of 100 megawatts (MW) at a cost of Dh500 million (6 million), according to a report. The new proje...
The United Arab Emirates plans to increase its gas import capacity and sees a fall in liquefied natural gas (LNG) prices as an incentive for many countries to diversify their gas supplies, the country’s energy m...