Environment & Energy | Friday 26 July, 2024 12:29 am

EWEC issues Request for Proposals for developing 400MW Battery Energy Storage System

Emirates Water and Electricity Company (EWEC) has issued a Request for Proposals (RFP) to qualified developers and developer consortiums that expressed interest in developing an independent greenfield 400-megawatt (MW) Battery Energy Storage System (BESS) power project in Abu Dhabi, providing up to ...

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Environment & Energy | Friday 26 July, 2024 12:23 am

DEWA’s R&D Centre launches its 4th Transactions Report

Dubai Electricity and Water Authority (DEWA) 's Research and Development (R&D) Centre has published its fourth Transactions Report, highlighting the Scopus Indexed scientific and research papers presented at international conferences and journals in 2023. The report includes 71 research...

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Environment & Energy | Tuesday 23 July, 2024 2:07 pm

Saudi Arabia has sufficient uranium to diversify energy mix: Al-Khorayef

Minister of Industry and Mineral Resources Bandar Al-Khorayef said that Saudi Arabia has sufficient quantities of uranium to meet its need to diversify the energy mix, noting that the search for uranium and other minerals is still ongoing. He also stressed the importance of the mining sector as the ...

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Environment & Energy | Tuesday 23 July, 2024 9:32 am

The Role of SAS Analytics in Flood Management

The devastating effects of flooding on infrastructure, human lives, and the economy are undeniable. As climate change intensifies the frequency and severity of flooding events, effective flood management has become top priority. Through providing advanced analytics and forecasting tools, SAS has...

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Environment & Energy | Sunday 21 July, 2024 10:35 am

Masdar raises $1 billion through second Green Bond to fund new global renewables projects

Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, today announced it has successfully raised US$1 billion through its second green bond issuance, under its Green Finance Framework. The announcement comes one year after the company’s first successful issuance of ...

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Environment & Energy | Friday 5 July, 2024 10:50 am

Saudi Aramco sets Arab Crude OSP for August

Saudi Aramco maintained August official selling price (OSP) for its flagship Arab Light crude to North America at $4.85 per barrel, above the Argus Sour Crude Index (ASCI).   The Arab Light price differential for buyers in West Europe has been set...

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Environment & Energy | Tuesday 2 July, 2024 8:46 am

Saudi Arabia announces new oil, natural gas discoveries in Eastern Province, Empty Quarter

Saudi Arabia announced today the discovery of new oil and natural gas fields in the Eastern Province and the Empty Quarter, announced Minister of Energy Prince Abdulaziz bin Salman "Saudi Aramco has discovered two unconventional oil fields, one Arabian light oil reservoir, two natural gas fields,...

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Environment & Energy | Saturday 29 June, 2024 12:57 pm

ACWA Power says 3 PV power plants to cost SAR 1.6B: MD

ACWA Power’s Vice Chairman and Managing Director, Raad Al-Saady, said the construction cost of the three major photovoltaic (PV) solar power projects - Haden, Al-Muwayh, and Al-Khashiby - is nearly SAR 1.6 billion, some of the least expensive in the world.   In an interview with Al ...

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Environment & Energy | Wednesday 26 June, 2024 2:28 pm

Saudi Aramco tops global companies by proved oil, gas reserves

Saudi Arabian Oil Co. (Saudi Aramco) topped by a significant margin the list of the world's largest oil companies in terms of proven reserves in 2022, according to data collected by Statista from company reports. Saudi Aramco's oil and gas reserves are estimated at around 259 billion barrels...

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Environment & Energy | Wednesday 26 June, 2024 2:27 pm

Industry ministry: Maaden, AMAK among 6 winners in 5th mining competitions

The Ministry of Industry and Mineral Resources announced today that six companies won the fifth round of mining competitions. The ministry stated on the messaging platform X that Saudi Arabian Mining Co. (Maaden) and Almasane Alkobra Mining Co. (AMAK) were among the winners. The mining...

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