Sunday 24 September 2017
 
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Slowdown seen in GCC fuel consumption

An economic slowdown coupled with energy reforms has adversely affected domestic fuel consumption growth across most of the GCC, and in some cases even led to negative growth, a report said. Saudi Arabia, the region’s larges

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Coal share in Mena power mix will remain limited

Regional governments are looking at coal to diversify the energy mix and enhance energy security, but despite the several reasons, coal is likely to only play a marginal role in the future of the region’s power sector, a report said.

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GCC on track to add 1.5 mbpd refining capacity

GCC is leading the greenfield projects and refinery expansion drive in the Middle East with 1.5 million barrels per day (mbpd) of new refining capacity expected online by 2021, a report said. The new capacity will be dominated by

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Apicorp buys key stake in Saudi utility project

Acwa Power, a Saudi-based developer, owner and operator of independent power generation and water desalination plants, and Arab Petroleum Investments Corporation (Apicorp) have signed a sale and purchase agreement for an eight per cent effective

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Apicorp buys key stake in Saudi utility project

Acwa Power, a Saudi-based developer, owner and operator of independent power generation and water desalination plants, and Arab Petroleum Investments Corporation (Apicorp) have signed a sale and purchase agreement for an eight per cent effective

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Mena eyes $1 trillion energy investments in 5 years

Total energy investments in the Middle East and North Africa (Mena) region are likely to hit the $1-trillion mark over the five years with the GCC countries spearheading the growth, according to a report. While global investments

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Mena eyes $1 trillion energy investments in 5 years

Total energy investments in the Middle East and North Africa (Mena) region are likely to hit the $1-trillion mark over the five years with the GCC countries spearheading the growth, according to a report. While global investments

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Mena eyes $1 trillion energy investments in 5 years

Total energy investments in the Middle East and North Africa (Mena) region are likely to hit the $1-trillion mark over the five years with the GCC countries spearheading the growth, according to a report. While global investments

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Apicorp buys 30pc stake in top Bahrain cement company

The Arab Petroleum Investments Corporation (Apicorp), a multilateral development bank, said it has acquired a strategic 30 per cent stake in Bahrain’s Falcon Cement Company (FCC), one of the largest cement producers in Bahrain.

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Apicorp buys 30pc stake in top Bahrain cement company

The Arab Petroleum Investments Corporation (Apicorp), a multilateral development bank, said it has acquired a strategic 30 per cent stake in Bahrain’s Falcon Cement Company (FCC), one of the largest cement producers in Bahrain.

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