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Saudi Electricity Q2 profit soars to $363m (Reuters - 19/07/2012)

Saudi Electricity Company said its net profit for the second quarter rose 2 percent to hit SR1.36 billion ($363 million) compared to SR1.34 billion in the same period last year, due to higher energy sales. Electricity in the world's top oil exporter is

Taqa wins $355m financing for Ghana project (Trade Arabia - 16/07/2012)

Abu Dhabi National Energy Company (Taqa), a state-owned oil explorer and power supplier, secured a $355 million project financing and government approval to expand its power plant in Ghana, it said on Monday. Taqa, which is owned 75 per cent by the

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