Saudi Arabia | Egypt Oil & Gas - Part 82
ACWA Power’s $220 Mn for Egypt Renewable Projects
Saudi Arabia-based power and water project developer ACWA Power announced Sunday it signed concession contracts with the Egyptian Ministry of Electricity to build three renewable energy power plants in Egypt.
Al-Naimi: Renewables a Must When Fossil Fuels Run Out
Saudi oil minister Ali Al-Naimi said on Thursday the kingdom envisaged the fact that fossil fuels could become unnecessary before the middle of the century and was investing in renewable energy for that reason.
Saudi Capital continues to Expand Despite Oil Price Crunch
Saudi Arabia has not let ongoing developments go slack, especially in the capital
Saudis Stalling Chinese Requests for More Oil
Saudi Arabia and its main Middle East OPEC partners are turning down Chinese requests for extra oil as they hold back fuel for their own refineries just as demand from the world's biggest crude importer hits new records.
Oil Prices Fall 3 Percent on Dollar Rally, Over Abundance Fears
Oil prices fell more than 3 percent on Tuesday, with U.S. crude extending losses for a fifth straight day as the dollar rallied and on evidence that the United States and top oil exporter Saudi Arabia were pumping mo ...
Saudi Arabia and Iraq Vying for Uplift in Tanker Demand
Rates for the world’s biggest oil tankers surged to the highest since January as shipments accelerated from Saudi Arabia and Iraq, the two biggest suppliers in the Persian Gulf.
Successful Conclusion of High-Tech Saudi Power Exhibition
The energy sector’s latest equipments and services were on show at a leading international trade exhibition for power, which concluded recently in Saudi Arabia.
Unresolved Disputes Lead to Shutdown of Wafra Oilfield
A jointly operated onshore oilfield between Saudi Arabia and Kuwait will shut for maintenance, a move apparently aimed at giving the Gulf OPEC allies more time to solve a long-standing dispute.
