Rising summer electricity, vehicle and jet fuel demand in the run-up to Ramadan have boosted fuel premiums in the Middle East Gulf and are likely to support prices throughout the holy month, traders said.
July 11, 2012 4:39
Saudi Electricity (SEC) is looking for companies to build and operate a 1,700-megawatt (MW) independent power plant (IPP) running on fuel oil, the state-controlled utility said on Monday.
March 5, 2012 1:17
Dubai Electricity and Water Authority (DEWA) has no plans to tap bond markets in 2012 and the state utility will repay a 1.2 billion dirhams ($326.7 million) securitisation maturity this year ahead of time, its top executive said.
March 1, 2012 2:04
Higher energy costs hit utility; Net loss wider than analysts' expectations
January 18, 2012 1:58