Wednesday 27 August 2014
 
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power

Saudi crude exports fall as domestic demand rises

Saudi crude exports fell in June to their lowest levels in almost three years as oil use in the country's power sector rose and local refineries processed high volumes, official data showed.   The top oil exp

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Impact of power, gas demand in focus

Population growth, industrial expansion and demand for power has had a dramatic impact on the Middle East gas industry with many countries turning to imports to keep pace. The region is focusing on exploring sustainable energy sol

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SEC plans massive power boost for Riyadh

State-run utility Saudi Electricity Company (SEC) plans to bring online more than 4,750 megawatts of natural gas-fired generating capacity in Riyadh between 2015 and 2017, the company said on Sunday. One power plant there, known a

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ABB unveils new cable that doubles power flow

Swiss engineering group ABB has developed technology that can double the power flow of underground cables, making it cheaper to integrate electricity into the grid from distant offshore wind farms. The innovation means a single hi

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ABB unveils new cable that doubles power flow

Swiss engineering group ABB has developed technology that can double the power flow of underground cables, making it cheaper to integrate electricity into the grid from distant offshore wind farms. The innovation means a single hi

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Taqa swings to profits; pulls out of Iraq, India talks

Abu Dhabi National Energy Co (Taqa), the state-owned oil explorer and power supplier, swung to second-quarter profits and said it pulled out of acquisition plans in India and Iraq to improve its cash flow and reduce debt leverage.

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Taqa pulls out of $1.6bn India power deal

Abu Dhabi National Energy Co (Taqa) is pulling out of a $1.6 billion deal to buy two Indian hydroelectric power plants because of "a change in strategy", a senior Taqa official told Reuters on Thursday. The official, who

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Private sector to 'boost opportunities for power deals'

The increasing role of the private sector in both power generation and water could boost opportunities for large-scale transactions in Mena in the future, according to an EY report.   The leading professional ser

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Big powers to join Iran nuclear talks in Vienna

US Secretary of State John Kerry will travel to Vienna this weekend for a meeting of the six powers and Iran as they try to reach a deal that would end sanctions in return for curbs on Tehran's nuclear programme, the State Department said

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Power-Gen Mideast to host project tour in Abu Dhabi

Power and water industry professionals are to be hosted for technical tours of three major engineering projects in Abu Dhabi, ahead of a major exhibition.   The tours of Masdar City, Ansaldo Thomassen Gulf’

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