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Ministry Of Oil (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 regar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Council Of Ministers Of Saudi Arabia
The Saudi Council of Ministers ( ar, مجلس الوزراء السعودي ''Majlis al-Wuzarā' as-Su‘ūdī'') is the cabinet of the Kingdom of Saudi Arabia. It is led by the King. The council consists of the king, the Crown Prince, and cabinet ministers. The Crown Prince is also Prime Minister and Chair 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. Legislation must be ratified by a royal decree. It meets every Tuesday and is chaired by the King in his capacity as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abdullah Tariki
Abdullah Tariki (19 March 1919–7 September 1997) (Arabic: عبدالله الطريقي), also known as Red Sheikh, was a Saudi politician and government official. He was the first Saudi oil minister appointed by King Saud, and co-founder of Organization of Petroleum Exporting Countries (OPEC) along with Venezuelan minister Juan Pablo Pérez Alfonso. Early life and education Tariki was born on 19 March 1919 in Al Zulfi, Najd. His father was a Najdi townsman and was 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 education in Kuwait and in Cairo. He held a bachelor's degree in geology and chemistry which he obtained from Cairo University in 1944. He graduated from the University of Texas in 1947, earning a master's degree in petroleum engineering a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Ministries Of Saudi Arabia
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Solar Alliance
The International Solar Alliance (ISA) is an alliance of 123 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 efficient consumption of solar energy to reduce dependence on fossil fuels. This initiative was first proposed by Prime Minister of India, Indian Prime Minister Narendra Modi in a speech in November 2015 at Wembley Stadium (London HA9 0WS, United Kingdom), 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. The initiative was launched by Prime Minister of India, Prime Minister Narendra Modi at the India–Africa Forum Summit, India Africa Summit, and a meeting of member countries ahea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Red Sea
The Red Sea ( ar, البحر الأحمر - بحر القلزم, translit=Modern: al-Baḥr al-ʾAḥmar, Medieval: Baḥr al-Qulzum; or ; Coptic: ⲫⲓⲟⲙ ⲛ̀ϩⲁϩ ''Phiom Enhah'' or ⲫⲓⲟⲙ ⲛ̀ϣⲁⲣⲓ ''Phiom ǹšari''; Tigrinya: ቀይሕ ባሕሪ ''Qeyih Bahri''; ) is a seawater 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 438,000 km2 (169,100 mi2), is about 2250 km (1398 mi) long, and — at its widest point — 355 km (220.6 mi) wide. It has an average depth of 490 m (1,608 ft), and in the central ''Suakin Trough'' it reaches its maximum depth of . The Red Sea also has exten ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Persian Gulf
The Persian Gulf ( fa, خلیج فارس, translit=xalij-e fârs, lit=Gulf of Persis, Fars, ), sometimes called the ( ar, اَلْخَلِيْجُ ٱلْعَرَبِيُّ, Al-Khalīj al-ˁArabī), is a Mediterranean sea (oceanography), mediterranean sea in Western Asia. The body of water is an extension of the 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 October 9, 2010 It is connected to the Gulf of Oman in the east by the Strait of Hormuz. The Shatt al-Arab river delta 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 u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eastern Province, Saudi Arabia
The Eastern Province ( ar, المنطقة الشرقية '), also known as the Eastern Region, is the easternmost of the 13 provinces of Saudi Arabia. It is the largest province by area and the third most populous after the Riyadh Province and the Mecca Province. In 2017, the population was 4,900,325. Of these, 3,140,362 were Saudi citizens and 1,759,963 were foreign nationals The province accounts for 15.05% of the entire population of Saudi Arabia and is named for its geographical location relative to the rest of the kingdom. More than a third of the population is concentrated in the Dammam metropolitan area. With an estimated population of 1.25 million as of 2019, Dammam, the capital of the province, is the sixth most populous city in the kingdom. The incumbent governor of the province is Prince Saud bin Nayef Al Saud. Other populous cities in the province include Hofuf, Mubarraz, Hafr al-Batin, Jubail and Khobar. The region is extremely popular among tourists for its beaches ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jubail
Jubail ( ar, الجبيل, ''Al Jubayl'') is a city in the Eastern province on the Persian Gulf coast of Saudi Arabia, with a total population of 684,531 as of 2021. It is home to the largest industrial city 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 po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 it 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 climat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 and p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SABIC
Saudi Basic Industries Corporation ( ar, الشركة السعودية للصناعات الأساسية), known as SABIC ( ar, سابك), is a Saudi chemical manufacturing company. 70% of SABIC's shares are owned by Saudi Aramco. It is active in petrochemicals, chemicals, industrial polymers, fertilizers, and metals. 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 Ghaz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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" Aramco. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
