Energy KSA Edition
Latest News
Saudi Aramco concerned over Gulf attacks, has capacity to meet demand: CEO
Recent tanker attacks in the Gulf have raised fears about safety of one of the world's key shipping routes and pushed up oil prices
Saudi SABIC extends JV with Japan’s JSMC for 20 years
The financial impact of the extension will take place in Q2-19
China's Silk Road Fund acquires significant stake in Saudi-based renewable energy company
Belt and Road Initiative (BRI) fund acquires 49% of ACWA Power-promted, ACWA Power RenewCo
Saudi National Water to develop $1.6bln projects
Projects include development of water purification plants
Saudi Sipchem suspends 3 units for periodic turnaround maintenance
The scheduled maintenance will be reflected on the financials of Q3-19
Egypt, Saudi Arabia set schedule for implementation of electricity link next month
A consultant will be chosen to carry out the maritime survey of the submarine cable tracks before the end of August.
India's Maharashtra identifies site for Saudi Aramco, ADNOC's refinery
New site in western Maharashtra would be at Raigad district
Saudi Aramco, Petronas start naphtha cracking unit at new Pengerang oil refinery -sources
The cracker is part of the $2.7billion joint-venture oil refinery and petrochemical project known as RAPID
Over 40 global firms vie for giant Jubail utility project in Saudi Arabia
The project will include a 3,000 MW of power plant
Saudi Arabia gets first hydrogen fueling station
The pilot station will fuel an initial fleet of six Toyota Mirai fuel cell electric vehicles with high-purity compressed hydrogen.
Insights
Asia's thermal coal trade faces threats, with LNG the silent assassin: Russell
While coal is currently more cost-effective, this is a 40-year asset so an investor will have to take a long-term view
California’s green-power glut has a silver lining
The cost of producing solar power has dropped by more than 80% over the past decade, according to the Department of Energy
Hedge funds pause oil sales as Mideast tensions rise: Kemp
Hedge fund liquidation of petroleum futures and options positions stalled last week
