Thursday, March 21, 2019

Energy

The latest oil & gas and energy news from the Middle East – only on Business Live ME.

Wind Turbines Bigger Than Jumbo Jets Seen Growing Even Larger

Wind turbines that already are starting to make the biggest jumbo jetliners look small can grow larger yet, according to the chief executive officer...
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Growing amidst challenges

Middle East oil demand growth in 2019 may be challenged by various factors, mainly related to major economic transformation programmes, subsidy reduction policies and...
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Saudi to build oil refinery, petrochemicals plant in South Africa

Saudi Arabia plans to build an oil refinery and petrochemicals plant in South Africa as part of $10bn of investments in the country. The new...
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Saudi Aramco Refinery JV Said to Hire SMBC to Advise on...

Satorp, the joint venture between Saudi Aramco and Total SA, hired Sumitomo Mitsui Banking Corp. and Riyad Bank to help raise funds to develop...
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Industry experts on outlook for 2019

The RO2.2 bn expenditure estimated for oil and gas production and exploration activities, in the 2019 Oman Budget, is a positive indicator that the...
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Saudi Arabia to set up $10B oil refinery in Pakistan

Saudi Arabia plans to set up a $10 billion oil refinery in Pakistan's deepwater port of Gwadar, the Saudi energy minister said on Saturday,...
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Forward-thinking strategy

David Kalife, CEO of Oman Oil Marketing Company talks about growth prospects in Oman’s oil and gas sector and his company’s plans to tap...
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Aramco to Probably Sell $10 Billion Bond to Buy Sabic Stake

Saudi Aramco could tap the bond market for about $10 billion to help fund the acquisition of petrochemicals giant Saudi Basic Industries Corp., according...
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Noor Abu Dubai, world’s largest solar power plant begins operations

The Dhs3.2bn project is expected to generate 1,177 MW of energy. Abu Dhabi’s Department of Energy has begun operations at the world’s largest independent solar power...
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Daleel 1010 App to Change the Face of Local Businesses

This new service will offer customers a chance to win a prize every month Daleel 1010, Oman’s first Smart Information Guide, recently launched its new...
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