Egypt said on Saturday it was raising the price of natural gas for home and commercial use by up to 75 percent, the latest move in an IMF-backed austerity program that has left many Egyptians struggling to make ends meet.
The increases follow hikes to fuel, electricity and public transport prices...
The Abu Dhabi National Oil Company, ADNOC, has awarded contracts worth AED 5.88bn (US $1.6bn) for the world’s largest continuous 3D onshore and offshore seismic survey, covering an area up to 53,000 square kilometres, as the company continues to identify and unlock new opportunities and...
A potential deal to buy a stake in petrochemical maker SABIC would affect the time frame of Saudi Aramco's initial public offering (IPO), the oil firm's president and CEO Amin H. Nasser said Friday.
The IPO of around 5 percent of Aramco, which was initially to take place this...
SOME 2.5 million smart electronic meters will be installed in the coming three years in the residential, commercial and industrial sectors. This is part of a contract awarded by Saudi Electricity Company (SEC) to a national company on Wednesday, Saudi Press Agency (SPA) said.
The first stage is...
As renewable energy sources continue their global success story, the demand for integrating them into the current energy and industry landscape has seen a sharp rise in Saudi Arabia. thyssenkrupp now offers a key technology for renewables integration: industrial scale water electrolysis for large...
AlMansoori Specialized Engineering, the leader in oilfield services in the Middle East, has successfully contributed to the Early Oil Pilot Scheme (EOPS) launch leading to Kenya’s first oil production and export programme by providing facilities for the landmark...
The Ministry of Municipal and Rural Affairs has launched a system to help predict and plan for heavy rain and flooding across the Kingdom
The high-tech system, called Matir, is the first of its kind in the Arab region. It is designed to help the authorities plan early for extreme weather...
The General Sports Authority, represented by the Saudi Community Sports Union, signed an agreement with the Saudi Food Bank at the authority’s headquarters in Riyadh.
The agreement aims to promote the conservation of food and the avoidance of food waste through the activities and programs of ...
Consumers around Saudi Arabia got a shock last month when they saw their latest electricity bills. A double whammy of increased tariffs from the Saudi Electricity Company and the arrival of summer heat, with air-conditioning set to max, sent costs sky-high.
So is there anything householders can...
The Ministry of Environment, Water and Agriculture unveiled its organic farming action plan, which was approved by the Cabinet, and has allocated SR750 million ($200 million) to support it.
The plan will be one of the most important means of supporting organic production, said the...