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OIL AND GAS NEWS

PIF raises stake in ACWA Power to 50%

Nov 20, 2020 6:27 PM

Saudi Arabia s Public Investment Fund (PIF) today announced that it has increased its ownership stake in ACWA Power from 33.36% to 50%. The investment comes as part of PIF s strategy to support the development...

MORE OIL AND GAS NEWS

Saudi Arabia announces sweeping power sector reforms Nov 18, 2020 11:09 AM

Saudi Arabia has announced sweeping reforms in the electricity sector...

Sipchem notches Q3 profit but misses forecast Oct 27, 2020 11:25 AM

Sipchem one of the largest companies in the petrochemical sector...

SEC issues $1.3bn international green sukuk Sep 15, 2020 9:09 AM

Saudi Electricity Company (SEC) the largest utility company in Mena...

Mammoet solutions help Aramco refinery turnaround Aug 31, 2020 9:57 AM

Mammoet the global leader in engineered heavy lifting and transport...

Aramco sets up Corporate Development organisation Aug 23, 2020 4:09 PM

The Saudi Arabian Oil Company (Aramco) today announced the establishment...

Aramco inks LTAs with global majors for key oil, gas projects Nov 18, 2020 10:47 AM

State oil giant Saudi Aramco has awarded major long-term engineering...

Sabic Q3 revenues hit $7.8bn, up 19% on Q2 Oct 26, 2020 9:35 AM

Sabic has reported a revenue of SR29.30 billion ( 7.81 billion)...

Sparrows Group appoints Saudi Arabia GM Aug 31, 2020 11:11 AM

Sparrows Group has appointed Ali Hassan Al-Kharari as the company...

Aramco discovers new oil, gas fields in north Aug 30, 2020 5:37 PM

Saudi Aramco Saudi Arabia s state oil company has discovered two...

SEC powers up 200,000 new customers in 7 months Aug 19, 2020 10:11 AM

Saudi Electricity Company (SEC) has connected more than 200 000...

Saudi Electricity suffers net loss in Q2 Aug 12, 2020 8:58 AM

Saudi Electricity Company (SEC) has announced a net loss after zakat...

$5bn green hydrogen, ammonia facility planned in NEOM Jul 7, 2020 3:26 PM

Air Products in conjunction with Acwa Power and NEOM announced the...

SWPC issues RFP to bidders for Madinah-3 sewage plant Jun 25, 2020 2:17 PM

Saudi Water Partnership Company (SWPC) has announced that request...

RCJY, CWC to host global petchem talk Jul 13, 2020 4:20 PM

The Royal Commission of Jubail and Yanbu in collaboration with CWC...

Saudi Electricity Company wins major ISO certifications Jul 1, 2020 12:19 PM

Saudi Electricity Company (SEC) one of the largest utility companies...

Sabic stake makes Aramco a major global petchem players Jun 17, 2020 9:37 AM

Saudi Aramco today announced that it has completed its acquisition...

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