Environment & Energy | Sunday 23 December, 2018 5:00 am

Saudi Arabia ‘on its way to become a nuclear power’

Saudi Arabia’s population has grown from 4 million in 1960 to over 31 million in 2016. It is the main electricity consumer and producer in the Gulf region, with 345 trillion watts of gross production in 2016, of which 41 percent was produced from oil and 59 percent from gas. The electricity...

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Environment & Energy | Thursday 20 December, 2018 4:09 am

Saudi energy minister expects oil stocks to fall by end of first quarter

Saudi Arabia's energy minister, Khalid al-Falih, said he expects global oil stocks to fall by the end of the first quarter but added that the market remained vulnerable to political and economic factors as well as speculation. "We remain focused on fundamentals, I can tell you we will...

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Environment & Energy | Wednesday 12 December, 2018 2:18 am

Saudi Arabia’s up-and-coming energy park set to transform KSA into a global industrial powerhouse

Saudi Arabia is fast catching up with the world’s ever-growing energy and technology scene ahead of 2030. In fact, the King Salman Energy Park (SPARK) may soon prove a global destination for energy industry investors. The new energy city mega-project is being developed by Saudi Aramco,...

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Environment & Energy | Tuesday 11 December, 2018 3:38 pm

Dubai being crowned as the ‘Champion City’ for District Cooling Solutions:

The 8th edition of the International District Energy Association (IDEA) District Cooling Conference and Tradeshow 2018 ended today with a high note, Dubai being crowned as the ‘Champion City’ of the district cooling sector globally, showcasing a cooling capacity of nearly 2...

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Environment & Energy | Tuesday 11 December, 2018 1:33 pm

BHGE to Build State-of-the-art Oilfield Services Facility in King Salman Energy Park to Serve Saudi Aramco and the Region

Baker Hughes, a GE company (NYSE:BHGE) announced plans to build a state-of-the-art oilfield services (OFS) facility in King Salman Energy Park (SPARK), underlining its commitment to the Kingdom of Saudi Arabia. The new facility will support ongoing customer activities for three OFS product...

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Environment & Energy | Tuesday 11 December, 2018 1:00 pm

King Salman Energy Park Sparks New Era of Growth for Saudi Arabia’s Energy Sector

HRH Crown Prince Mohammed bin Salman bin Abdulaziz today broke ground on the King Salman Energy Park (SPARK), located in the Kingdom's Eastern Province. SPARK is a 50-square-kilometer energy city megaproject which will position Saudi Arabia as a global energy, industrial and ...

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Environment & Energy | Monday 10 December, 2018 3:26 pm

Experts discuss strategies on the first day of International District Energy Association (IDEA) District Cooling Conference and Tradeshow

Energy experts discussed the potential for new ground-breaking solutions in district cooling on the first day of the International District Energy Association (IDEA) District Cooling Conference and Tradeshow which has been started today (Monday, 10 December 2018) at Atlantis, The Palm, Dubai and...

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Environment & Energy | Monday 10 December, 2018 3:11 pm

ENOC Group to build 45 new service stations in Saudi Arabia in the next five years

ENOC Group, a wholly-owned entity of the Government of Dubai, has announced major expansion plans to build 45 new service stations in the Kingdom of Saudi Arabia over the next five years. The Group’s plans are aligned with the Ministry of Municipal and Rural Affairs’ plan, which aim for ...

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Environment & Energy | Monday 10 December, 2018 4:05 am

Saudi crown prince to inaugurate energy park today

Saudi Arabia’s Crown Prince Mohammed bin Salman is to launch a recently announced energy park in the east of the country. The King Salman Energy Park, known as SPARK, is a mega project designed to position the Kingdom as a global energy hub. The crown prince will inaugurate the...

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Environment & Energy | Monday 10 December, 2018 3:06 am

Saudi Arabian General Investment Authority takes part in solar power conference in US

The Saudi Arabian General Investment Authority (SAGIA) participated in Solar Power-Gen Conference held in Orlando, Florida in the US from Dec. 4 to 6. The authority represented Saudi Arabia at the event with the aim of creating awareness about the investment opportunities available in the solar...

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