EnergyAramco delays mega petro projects to save cash and preserve dividendsPritam BordoloiSeptember 3, 2020 by Pritam BordoloiSeptember 3, 2020Reportedly, Aramco is putting its plan to construct a $20 billion crude-to-chemicals plant at Yanbu on hold...Read more
EnergySaudi Electricity signs $2.4 bn financing agreement with 7 major banksPritam BordoloiSeptember 1, 2020September 1, 2020 by Pritam BordoloiSeptember 1, 2020September 1, 2020The seven banks include the National Commercial Bank, Bank Albilad and Al-Rajhi Bank...Read more
Oil & GasAdnoc searches for potential opportunities in India’s lubricant marketPritam BordoloiAugust 17, 2020August 17, 2020 by Pritam BordoloiAugust 17, 2020August 17, 2020The oil giant is planning to increase its footprint in the global market...Read more
Energy FeaturedSABIC to develop world’s first renewable energy powered chemical plantPritam BordoloiJuly 30, 2020 by Pritam BordoloiJuly 30, 2020The plant will be built in Cartegena, Spain...Read more
Energy FeaturedSaudi Arabia to produce world’s lowest-cost electricityPritam BordoloiJune 29, 2020 by Pritam BordoloiJune 29, 2020The kingdom will soon develop a solar project that will produce electricity at the lowest cost per kilowatt...Read more
Energy FeaturedWorld’s largest desalination plant in the UAE secures $758 mn loanPritam BordoloiMarch 13, 2020 by Pritam BordoloiMarch 13, 2020Operations at the project are expected to begin in 2022...Read more
Energy FeaturedUAE is first Mideast country to produce nuclear energyPritam BordoloiMarch 5, 2020 by Pritam BordoloiMarch 5, 2020UAE officially starts power operation at the Barakah nuclear power plant...Read more
Energy FeaturedSamsung wins $952 mn contract to develop power plant in the UAEPritam BordoloiFebruary 24, 2020 by Pritam BordoloiFebruary 24, 2020Samsung and Marubeni will jointly develop the 2,400 MW combined cycle power plant in Fujairah...Read more
Energy FeaturedDEWA sets world record in saving water and electricityPritam BordoloiFebruary 10, 2020 by Pritam BordoloiFebruary 10, 2020DEWA recorded 1.86 minutes in electricity customer minutes lost (CML) in Dubai...Read more
EnergyChina’s State Grid buys 49% stake in Oman electricity UtilityPritam BordoloiDecember 16, 2019January 24, 2020 by Pritam BordoloiDecember 16, 2019January 24, 2020State Grid paid $1 bn to Oman’s Electricity Holding Company for the stake in Oman Electricity Transmission...Read more