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Saudi solar program to generate 7000 jobs by 2020

  Bloomberg Saudi Arabia is hoping its solar-power program will generate 7,000 jobs and build a local manufacturing industry that can export products to the world, reducing domestic demand for its crude oil in the process. The Ministry of Energy and Natural Resources requires bidders seeking to build about 3.45 gigawatts of solar and wind plants by 2020 to spend ...

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S Africa nuclear plans stall as process ruled unlawful

  Bloomberg South Africa hasn’t complied with the constitution in seeking bidders for a nuclear-energy program and must cancel any deals that have already been signed, the Western Cape High Court ruled. The government must hold public hearings and debate the estimated 1 trillion-rand ($76 billion) program in Parliament, according to a ruling read out on Wednesday by Judge Lee ...

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Lebanon prequalifies 8 more firms for offshore blocks

  BEIRUT / Reuters Lebanon’s government has prequalified eight more companies to bid for its first round of offshore exploration and production licences after prequalifying 46 companies in 2013, Energy and Water Minister Cesar Abou Khalil said on Wednesday. The bidding process for offshore blocks 1, 4, 8, 9 and 10, was postponed for years because of political paralysis in ...

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