One of Kuwait's three oil refineries was still offline on Thursday after a power cut shut all of them down on Wednesday, a spokesman for Kuwait National Petroleum Company (KNPC) said.
The 200,000 barrel per day (bpd) Shuaiba r
Saudi Electricity Company (SEC) signed on Wednesday a 12-year loan for $989.1 million with a group of international banks to finance an expansion in one of its projects, the firm said.
The banks include HSBC, Bank of Tokyo-Mitsubishi, City
Saudi Arabia’s first independent water and power project (IWPP), developed by the Shuaiba Water & Electricity Company (SWEC), is now in full production.
The project, located 90 km south of Jeddah, provides 880,000 cu m of desalinated w
Saudi Arabia's private owned Shuaiba Water and Electricity Company (SWEC) has started operating its Shuaiba-3 plant at full capacity, a report said.
The plant has capacity to generate 900 megawatts of electricity, and 800,000 cubic meters
Kuwait’s 200,000 barrels per day Shuabai oil refinery resumed operations after a power outage on Tuesday, but will need at least 48 hours to return to full capacity, oil officials said.
’There was a limited internal defec