Saudi’s Zahid Group buys 50% stake in German solar power developer Greencells

A subsidiary of Saudi conglomerate The Zahid Group has bought a 50 percent stake in.

Saudi Basic Industries Corp Gains 81% Increase in Second Quarter Profit

  Sabic said it has put into use a “strategic restructuring initiative” that made an.

Oil production may increase further

The agreement by OPEC members in June to increase oil production by up to as.

Saudi Arabia to sell electricity to Iraq at a fraction of Iran’s price

What may apparently be called Saudi Arabia’s hostility to Iran or its budding friendship with.

Al Zour refinery in Kuwait will have the biggest capacity in the Middle East

The Al Zour refinery in Kuwait will have the largest capacity in the Middle East..

Two oil tankers handled by the Saudi shipping group Bahri were attacked by Houthi rebels in the Red Sea

Two oil tankers handled by the Saudi shipping group Bahri, each with a two million.

SNC-Lavalin has been awarded a contract to supply engineering and procurement services to power Dubai’s Meydan One

SNC-Lavalin has been awarded a contract to supply engineering and procurement services for substations to.

The Department of Energy has issued an electricity generation licence to Barakah One Company

The Department of Energy has granted an electricity generation licence to Barakah One Company, the.

Saudi Arabia recieves 4 bids for first utility-scale wind farm to be built in the kingdom

  The $500m Dumat Al Jandal wind farm, located in the northern Al Jouf region,.

China’s Silk Road Fund scores 24.01% equity interest in Dubai’s concentrated solar power project

China’s Silk Road Fund recently scored  a 24.01% equity interest in Dubai’s 700MW DEWA concentrated.