Ministry Of Energy (Saudi Arabia)
The Ministry of Energy () is a government ministry in Saudi Arabia and part of the cabinet. It is responsible for developing and implementing policies concerning petroleum and related products. The Ministry of Energy is working to diversify the national energy mix used in electricity production, increasing the share of natural gas and renewable energy sources to approximately 50% by 2030 while reducing the use of liquid fuel. In August 2019, King Salman issued a royal decree and divided the Ministry of Petroleum and Mineral Resources into two: Ministry of Industry and Mineral Resources, and Ministry of Energy. While Khalid al-Falih still remained the energy minister, business executive Bandar Al-Khorayef was named as the minister of natural resources. However, on 8 September 2019, a royal decree was issued to appoint Abdulaziz bin Salman Al Saud as the energy minister. History The ministry was established in December 1960. Prior to the formation of the ministry policies reg ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Council Of Ministers Of Saudi Arabia
The Saudi Council of Ministers ( ''Majlis al-Wuzarā' as-Su'ūdī'') is the Cabinet (government), cabinet of the Kingdom of Saudi Arabia. It is led by the King of Saudi Arabia, King. The council consists of the king, the Crown Prince of Saudi Arabia, Crown Prince, and cabinet ministers. The Crown Prince is also the Prime Minister of Saudi Arabia, Prime minister and Chairman of the Council of Ministers. Since 2015, there are 23 ministers with portfolio and seven ministers of state, two of whom have special responsibilities. All members of the council are appointed by royal decree. The Council of Ministers was established by King Abdulaziz in 1953. It is responsible for "drafting and overseeing the implementation of the internal, external, financial, economic, educational and defense policies, and general affairs of the state." It functions in accordance with the Basic Law of Saudi Arabia and is advised by the Consultative Assembly of Saudi Arabia, Consultative Assembly. Legislatio ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Abdullah Tariki
Abdullah Tariki (19 March 1919–7 September 1997) (), also known by the alternate spelling of his last name as al-Turayqi and nicknamed the Red Sheikh, was a Saudi politician and government official. He served as the first oil minister of Saudi Arabia, appointed by Saud of Saudi Arabia, King Saud, and was co-founder of the Organization of Petroleum Exporting Countries (OPEC). Historian Eugene Rogan called him "one of the first Arab oil experts." In April 1959, ''Time (magazine), Time'' magazine described him as "the unquestioned spokesman of the new generation of Arab experts on oil." Early life and education Tariki was born on 19 March 1919 in Al Zulfi, Najd. His father was a Najdi townsman and a camel owner who organized caravans between Saudi Arabia and Kuwait. His mother was a bedouin. One of Tariki's childhood friends was Mustafa Wahba, son of Hafiz Wahba and the founding and long-term secretary general of the Communist Party in Saudi Arabia. Tariki received his early edu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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International Solar Alliance
The International Solar Alliance (ISA) is an alliance of more than 120 signatory countries, most being sunshine countries, which lie either completely or partly between the Tropic of Cancer and the Tropic of Capricorn. The primary objective of the alliance is to work for the efficient consumption of solar energy to reduce dependence on fossil fuels. This initiative was first proposed by Indian Prime Minister Narendra Modi in a speech in November 2015 at Wembley Stadium in which he referred to sunshine countries as ''Suryaputra'' ("Sons of the Sun"). The alliance is a treaty-based inter-governmental organization. Countries that do not fall within the Tropics can join the alliance and enjoy all benefits as other members, with the exception of voting rights. Bangladesh boasts the world's most extensive off-grid solar power initiative, a valuable source of insights and guidance for other nations seeking to enhance availability of economical and eco-friendly electricity. Throug ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Red Sea
The Red Sea is a sea inlet of the Indian Ocean, lying between Africa and Asia. Its connection to the ocean is in the south, through the Bab-el-Mandeb Strait and the Gulf of Aden. To its north lie the Sinai Peninsula, the Gulf of Aqaba, and the Gulf of Suez—leading to the Suez Canal. It is underlain by the Red Sea Rift, which is part of the Great Rift Valley. The Red Sea has a surface area of roughly , is about long, and wide at its widest point. It has an average depth of , and in the central Suakin Trough, it reaches its maximum depth of . Approximately 40% of the Red Sea is quite shallow at less than deep and about 25% is less than deep. The extensive shallow shelves are noted for their marine life and corals. More than 1,000 invertebrate species and 200 types of soft and hard coral live in the sea. The Red Sea is the world's northernmost tropical sea and has been designated a Global 200 ecoregion. Extent The International Hydrographic Organization defines the limi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Persian Gulf
The Persian Gulf, sometimes called the Arabian Gulf, is a Mediterranean seas, mediterranean sea in West Asia. The body of water is an extension of the Arabian Sea and the larger Indian Ocean located between Iran and the Arabian Peninsula.United Nations Group of Experts on Geographical NameWorking Paper No. 61, 23rd Session, Vienna, 28 March – 4 April 2006. accessed 9 October 2010 It is connected to the Gulf of Oman in the east by the Strait of Hormuz. The river delta of the Shatt al-Arab forms the northwest shoreline. The Persian Gulf has many fishing grounds, extensive reefs (mostly rocky, but also Coral reef, coral), and abundant pearl oysters, however its ecology has been damaged by industrialization and oil spills. The Persian Gulf is in the Persian Gulf Basin, which is of Cenozoic origin and related to the subduction of the Arabian plate under the Zagros Mountains. The current flooding of the basin started 15,000 years ago due to sea level rise, rising sea levels of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Eastern Province, Saudi Arabia
The Eastern Province (Arabic: المنطقة الشرقية al-Mintaqah ash-Sharqīyah), also known as the Eastern Region, is a province in Saudi Arabia. It is the nation's largest province by area and the third most populous after the Riyadh Province and Mecca Province. As of 2022, the population is 5,125,254. Its name reflects its location in the eastern part of the country. More than a third of the population is concentrated in the Dammam metropolitan area. With an estimated population of 1.53 million as of 2022, Dammam, the capital of the province, is the fourth most populous city in the kingdom. The incumbent governor of the province is Saud bin Naif. Other populous cities in the province include Qatif, Hofuf, Hafr al-Batin, Jubail and Khobar. The region is extremely popular among tourists for its beaches on the Persian Gulf and proximity to the other countries of the eastern Arab world, such as the United Arab Emirates, Qatar and Bahrain, with the latter being linked ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Jubail
Jubail (, ''Al Jubayl'') is a city in the Eastern province on the Persian Gulf coast of Saudi Arabia, with a total population of 474,679 as of 2022. It is home to one of the largest industrial cities in the world. It is also home to the Middle East's largest and world's fourth largest petrochemical company SABIC. It has the world's largest IWPP (Independent Water and Power Project) producing 2743.6 MW of electricity and 800,000 m3 of water daily. Jubail comprises the Old Town of Al Jubail (Jubail Balad), which was a small fishing village until 1975, and the Industrial Area. Jubail Industrial City is the largest civil engineering project in the world today. In 1975, the Saudi government designated Jubail as the site for new industrial city, with rapid expansion and industrialization arising. The new industrial and residential areas were named Madīnat al Jubayl aṣ Ṣinā`īyah (Jubail Industrial City). The 2005 Census Report for Jubail Industrial City estimates the populatio ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Heavy Industry
Heavy industry is an industry that involves one or more characteristics such as large and heavy products; large and heavy equipment and facilities (such as heavy equipment, large machine tools, huge buildings and large-scale infrastructure); or complex or numerous processes. Because of those factors, heavy industry involves higher capital intensity than light industry does, and is also often more heavily cyclical in investment and employment. Though important to economic development and industrialization of economies, heavy industry can also have significant negative side effects: both local communities and workers frequently encounter health risks, heavy industries tend to produce byproducts that both pollute the air and water, and the industrial supply chain is often involved in other environmental justice issues from mining and transportation. Because of their intensity, heavy industries are also significant contributors to greenhouse gas emissions that cause climate ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Petrochemicals
Petrochemicals (sometimes abbreviated as petchems) are the chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as maize, palm fruit or sugar cane. The two most common petrochemical classes are olefins (including ethylene and propylene) and aromatics (including benzene, toluene and xylene isomers). Oil refineries produce olefins and aromatics by fluid catalytic cracking of petroleum fractions. Chemical plants produce olefins by steam cracking of natural gas liquids like ethane and propane. Aromatics are produced by catalytic reforming of naphtha. Olefins and aromatics are the building-blocks for a wide range of materials such as solvents, detergents, and adhesives. Olefins are the basis for polymers and oligomers used in plastics, resins, fibers, elastomers, lubricants, and gels. Global ethylene production was 190 million tonnes ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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SABIC
Saudi Basic Industries Corporation (), known as SABIC (), is a Saudi chemical manufacturing company. 70% of SABIC's shares are owned by Saudi Aramco. It is active in petrochemicals, chemicals, industrial polymers and fertilizers. It is the second largest public company in the Middle East and Saudi Arabia as listed in Tadawul. In 2017, SABIC was ranked fourth in the world among chemical companies by Fortune Global 500. By the end of 2018 SABIC was the world's 281st-largest corporation. In 2014, the company had sales revenues of $50.4 billion, profits of $6.7 billion and assets standing at $90.4 billion. It also has been recognized as the world's second most valuable brand in the chemicals industry by Brand Finance in 2021. History SABIC was founded in 1976 by royal decree to convert oil by-products into useful chemicals, polymers, and fertilizers. The first chairman of the company was Ghazi Abdul Rahman Al Gosaibi, the Minister of Industry and Electricity, and the first CEO w ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Petromin Corporation
The Petromin Corporation is a Saudi Arabian lubricants and automotive services company, operating in lubricant oils including manufacturer, industrial, and automotive oils and lubricants, car servicing (Petromin Express), fuel retailing and car dealerships. The company is one of the "Major Leading Players" of the lubricating grease Industry. History The company was established by a royal decree on 24 February 1968 The initial name of the company was Petromin Lubricating Oil Company and was renamed to Saudi Arabian Lubricating Oil Company in 1997. It was established as a joint venture between Saudi Aramco and Mobil investments and started production at its first blending plant in Jeddah, in 1970. The first director general of the company was Abdulhadi Taher. The company was initially destined to replace foreign-owned Aramco as the states primary oil company, but due to company inefficiencies, personal rivalries and corruption, instead it was decided to make it "Saudized" Aram ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |