Sectors

Energy

ARAMCO-SABIC

Report: SABIC, Aramco set to decide on oil to chemicals project in 2Q 2020

SABIC
Saudi Basic Industries Corp (SABIC) and Saudi Aramco expect to announce in the second quarter whether they’ll proceed with plans to build a facility to process crude oil directly into chemicals, Bloomberg reports.

RENEWABLE ENERGY

Saudi Arabia launches third phase to build up solar power capacity, invites bidders for new projects

Saudi Arabia's renewable energy ambitions are being supported by its National Renewable Energy Program (NREP).
Saudi Arabia’s energy ministry has issued a request for qualifications for the third round of the Kingdom’s National Renewable Energy Program (NREP), which comprises of "four Solar PV projects with a combined generation capacity of 1,200 MW," the Saudi Press Agency said.
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