Environment & Energy | Wednesday 18 September, 2024 10:44 am

Aramco aims for key role in LNG market: Al-Ghamdi

Khalid Al-Ghamdi, Executive Vice President of the Gas Business at Saudi Arabian Oil Co. (Saudi Aramco), stated that the company aims to become a key player in the liquefied natural gas (LNG) market.   Al-Ghamdi added that the Gastech Energy Conference in Houston, that Aramco has...

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Environment & Energy | Tuesday 17 September, 2024 9:26 am

Aramco to raise stake in MidOcean to 49%, fund new stake in Peru LNG

Saudi Aramco will raise its stake in liquefied natural gas firm MidOcean Energy to 49% and fund its acquisition of a new 15% stake in Peru LNG from Hunt Oil Co., MidOcean and Hunt said in a statement today, Sept. 16.   Aramco will hold an indirect stake of 17.2% in PLNG, while Hunt...

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Environment & Energy | Tuesday 17 September, 2024 12:15 am

Enercap Holdings and Apex Investments in Joint Venture to Build the World’s Largest Supercap Energy Storage Capacity to Meet Exploding Demand

Dubai based supercap energy storage manufacturer Enercap Holdings and Abu Dhabi based Apex Investments PSC, have formed a joint-venture to build 16GWh per year manufacturing capacity of supercap energy storage, a cutting-edge technology with features that surpass the current lithium-ion technology...

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Environment & Energy | Monday 16 September, 2024 8:46 am

Maaden signs SPSA to take over Maaden Bauxite, Maaden Aluminium

Saudi Arabian Mining Co. (Maaden) signed today, Sept. 15, a share purchase and subscription agreement (SPSA) with Alcoa Corporation (guarantor), AWA Saudi Limited (first seller) and Alcoa Saudi Smelting Inversiones S.L. (second seller), according to a Tadawul filing. Under the deal, Maaden...

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Environment & Energy | Monday 16 September, 2024 8:40 am

TAQA Announces New Unified Customer Facing Distribution Company and Launches New Brands for its Group Companies

Abu Dhabi National Energy Company (“TAQA”), one of the largest listed integrated utility companies in Europe, the Middle East and Africa (EMEA), announced today a new brand identity for its group of companies. The move is a milestone in the transformation and growth of TAQA and underpins the...

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Environment & Energy | Wednesday 11 September, 2024 11:34 am

National Holding Earns Prestigious Green Certificate from Moro Hub in Recognition of its Sustainability Initiatives

 Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), presented a Green Certificate to National Holding, Abu Dhabi based group with strategic investments across leading sectors of the economy. Its focus is on creating sustainable value...

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Environment & Energy | Thursday 5 September, 2024 10:43 am

Etihad Water and Electricity Inaugurates Four New Stations with a Total Investment of AED 422 Million

Etihad Water and Electricity (EtihadWE) has officially inaugurated four new facilities, advancing its strategic goals to bolster electricity and water infrastructure and promote sustainable water management across the Northern Emirates. These new installations address the growing utility...

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Environment & Energy | Saturday 31 August, 2024 5:35 am

Oil prices rises as Libya production declines, ME tensions persist

Oil prices rose on Friday amid the ongoing geopolitical tensions in the Middle East and decline in Libya production by nearly a half on the country's political conditions.   Brent crude futures for November delivery rose 0.34% to $79.09 a barrel, at 08:28 am Makkah time. The...

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Environment & Energy | Sunday 25 August, 2024 10:33 am

Safe and effective: Enhancing rainfall with novel materials

In recent years, the UAE Research Program for Rain Enhancement Science (UAEREP) has used core-shell NaCl-TiO2 (CNST) seeding material throughout its cloud seeding operations, or rather a specific type of hygroscopic material with two main ingredients. The UAE is currently the only country...

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Environment & Energy | Friday 9 August, 2024 10:53 am

Saudi Aramco explores global LNG opportunities: Nasser

Saudi Aramco's President and CEO Amin Nasser said the company is working on a number of international investments and exploring global opportunities in the field of LNG.He added that the company has ambitious plans to develop its portfolio and expand its capabilities in this field.Nasser said in an ...

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