President Trump has declared he will free the US oil and gas industry to increase output, reduce climate action laws and end American dependence on OPEC and “any nations hostile to our interests” in his first energy policy statement. “The…
Month: January 2017
Saudi Arabia gives green light to its nuclear energy plan
Saudi Arabia this week announced that it has given the go ahead for work to being on the kingdom’s nuclear energy plan, the second in the Arab world after Abu Dhabi where nuclear power is due to start this year.…
Kuwait to double water capacity by 2030
Kuwait plans to increase its water production capacity by more than 100 per cent to above 900m gallons a day (g/d), the International Water Summit (IWS) in Abu Dhabi was told on 17 January. This will involve building nine large…
Higher oil to lift Qatar economy in 2017
Higher oil prices will boost Qatar’s economy by more than 10 per cent in 2017 though non-oil growth will continue to be sluggish, a report published by the National Bank of Kuwait (NBK) shows. This will lift government income and…
The dawn of the Al-Falih era for world oil
Saudi Energy Minister Khalid al-Falih is the new king of global oil In a confident performance at the Atlantic Council Energy Forum in Abu Dhabi today, Saudi Arabia’s Energy Minister Khalid al-Falih targeted the legions of sceptics questioning the kingdom’s…
Saudi Arabia now the world’s third largest phosphate fertiliser exporter
Saudi Arabian Mining Company (Ma’aden) President and CEO Khalid Al Mudaifer The rise of Saudi Arabia’s mining and minerals industry has been recognised with the appointment of Saudi Arabian Mining Company (Ma’aden) President and CEO Khalid Al Mudaifer to…