Environment & Energy | Thursday 18 February, 2016 3:44 pm

Board Directors of Saudi Aramco and Dow Jointly Visit Sadara Chemical Company

Four years after they gave the green light to develop the Sadara joint venture, the boards of directors of Saudi Aramco and The Dow Chemical Company (Dow) visited Sadara Chemical Company’s (Sadara) industrial complex, to witness how this mega project has developed and commemorate the first...

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Environment & Energy | Thursday 18 February, 2016 6:54 am

Oil up 7% as support grows for Doha deal

Global oil prices rose as much 7 percent on Wednesday, rebounding further from their lowest levels in a dozen years, after Iran voiced support for a Russia-Saudi-led move to freeze production in an oversupplied market. Iranian Oil Minister Bijan Zanganeh met counterparts from Venezuela, Iraq and ...

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Environment & Energy | Tuesday 16 February, 2016 5:18 am

NWC launches electronic invoicing for its customers

NWC has launched its monthly electronic invoice system via its E-branch (nwc.com.sa) to speed up the billing process for customers and cut paper usage, contributing to environmental preservation. Eng. Yusif Al Said, NWC’s Senior Manager for Customer Services and Invoicing, IT Executive...

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Environment & Energy | Saturday 13 February, 2016 10:50 am

KSA realizes importance of renewable energy

Petroleum and Mineral Resources Minister Ali Al-Naimi has underlined the importance of energy in the economic and social growth, saying that all peoples of the world have the right to have reliable stable energy sources. He also said that the fossil fuel will continue to play its important role in ...

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Environment & Energy | Friday 12 February, 2016 7:28 am

World Energy Congress 2016 – Media Registration Open

With less than 8 months to go until the 23rd World Energy Congress, the organising committee is delighted to confirm that media registration is now open. The Congress, which takes place in Istanbul between 9th and 13th October 2016 is regarded as the most influential and inclusive...

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Environment & Energy | Tuesday 9 February, 2016 2:25 am

Conserve water & power, says Riyadh governor

Riyadh Gov. Prince Faisal bin Bandar on Sunday called for conservation of water and electricity, even as the Water and Electricity minister said Saudi Arabia will need an investment of SR500 billion for power projects over the next 10 years to cope with rising demand.  “Water and...

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Environment & Energy | Tuesday 2 February, 2016 12:50 pm

Rumor & Denial: Verbal oil intervention in action 

January proved to be a very volatile month for commodities and the final week was no exception, with the oil market continuing to attract most of the attention. Speculation of a so far unconfirmed and still doubtful grand bargain between Opec and Russia helped trigger a strong comeback as short...

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Environment & Energy | Monday 1 February, 2016 12:48 pm

World Nuclear Exhibition moves to the summer

Following on from its successful launch, the World Nuclear Exhibition (WNE) will be held for the second time from 28th to 30th June 2016 at Paris Le Bourget, hall 2B. Larger and more international, it will occupy 50% more space and is expected to attract over 10,000 visitors from all around the...

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Environment & Energy | Monday 1 February, 2016 12:41 pm

GE Oil & Gas wins landmark contract from Petroleum Development Oman

GE Oil & Gas (NYSE: GE), has signed a landmark long-term, multi-million dollar contract with Petroleum Development Oman for the provision of integrated Reciprocating Rod Pump equipment  (RRP) and related services commencing in the second quarter of 2016.    Joining hands...

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Environment & Energy | Saturday 23 January, 2016 11:23 am

Oil prices jump 7% as cold weather boosts energy demand

Global equity markets and oil prices climbed for a second day on Friday, providing some relief to bruised investors as frigid weather across the United States and Europe boosted energy demand. Oil, which had tumbled during a recent rout in world markets, jumped about 7 percent and traded above ...

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