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Saudi Association for Energy Economics Formed

Saudi Association for Energy Economics Formed

(MENAFN) The Saudi Association for Energy Economics (SAEE) held its first formal gathering at the Plaza Conference Center in Dhahran recently, Arab News reported. Minister of Petroleum and Mineral Resources Ali Al-Naimi addressed the new organization and several members of Saudi Aramco executive management. SAEE Vice President Mohammed Al-Tayyeb said that SAEE’s mission is to provide an interdisciplinary forum for […]

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Economics Called Key to Energy Industry

Economics Called Key to Energy Industry

By Ahmad Dialdin – The Arabian Sun DHAHRAN — The new Saudi Association for Energy Economics (SAEE) had its first formal gathering on May 13 at the Plaza Conference Center in Dhahran. HE Ali I. Al-Naimi, Minister of Petroleum and Mineral Resources, addressed the new organization and several members of executive management. “The step we take today will have a […]

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Strong Demand Limits OPEC’s Leeway

Strong Demand Limits OPEC’s Leeway

By SIMON ROMERO Published: June 14, 2005 VIENNA, June 13 – OPEC representatives arriving for a meeting here this week said that they were prepared to lift their oil production ceiling in an effort to bring down high crude oil prices, but emphasized that strong global demand for oil limited their ability to influence markets. “OPEC members are already pumping […]

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Saudi Electricity Eyes Funds for Power Deal

Saudi Electricity Eyes Funds for Power Deal

RIYADH – Power utility Saudi Electricity said it would borrow from banks and use Islamic bond to help finance a 6.88 billion riyals ($1.84 billion) contract signed on Tuesday. The Gulf’s largest utility by market value signed the agreement awarding South Korean builder Doosan Heavy Industries & Construction and Arabian Bemco Contracting Co the contract to expand al-Qurrayah power plant. […]

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Energy Economy

Energy Economy

The world energy economy has the largest influence on the decisions that people and governments make. Current global consumption rates are depleting the planets ability to sustain our way of life. Increased demand means increased prices in every sector of the world economy. Many alternative energy companies are creating new economies in order to facilitate a more sustainable energy market. […]

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