Environment & Energy | Tuesday 26 June, 2018 5:41 am

ADNOC, Saudi Aramco to partner on development of $44bn Indian mega refinery

Oil giants Abu Dhabi National Oil Company (Adnoc) and Saudi Aramco will jointly invest in the $44 billion Ratnagiri refinery and petrochemical complex that is coming up in the Western Indian state of Maharashtra.  The two firm signed a memorandum of understanding in this regard in New Delhi ...

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Environment & Energy | Sunday 24 June, 2018 7:19 am

Saudi pledges ‘measurable’ oil supply boost as OPEC, Russia agree deal

OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a “measurable” supply boost but giving no specific numbers. The Organization of the Petroleum Exporting Countries had announced an OPEC-only production agreement on...

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Environment & Energy | Sunday 24 June, 2018 4:21 am

New investment models needed to boost MENA oil, gas competitiveness 13 hours ago 42 views

New investment models will encourage optimal development in the oil and gas sector, Majid Jafar, CEO of Crescent Petroleum told OPEC ministers and industry leaders at the OPEC Seminar in Vienna last June 20. The private sector in MENA can be an important partner in oil and gas development, helping...

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Environment & Energy | Saturday 23 June, 2018 2:01 pm

OPEC agrees modest hike in oil supply after Iran softens stance

OPEC agreed on Friday on a modest increase in oil production from July after its leader Saudi Arabia persuaded arch-rival Iran to cooperate amid calls from major consumers to help reduce the price of crude and avoid a supply shortage. Two OPEC sources said the group agreed that OPEC and its...

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Environment & Energy | Thursday 21 June, 2018 7:44 am

1,000 Saudis to get cyber security training abroad

As many as 1,000 young Saudis will take advantage of the King’s Foreign Scholarship Program with specialization in vital cyber security areas over a period of five years. The National Cybersecurity Authority has signed cooperation agreement with the Ministry of Education in this regard,...

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Environment & Energy | Wednesday 20 June, 2018 4:32 pm

Colgate-Palmolive and Surge Middle East partner to educate thousands of children about water conservation in the UAE

  The partnership is part of the global Colgate Save Water campaign with Champion Swimmer Michael Phelps    Continuing its long-standing commitment to saving water, the Colgate-Palmolive Company has launched a new partnership with Surge Middle East - a global non-profit...

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Environment & Energy | Saturday 16 June, 2018 11:22 am

Saudi Arabia takes images of moon in joint mission with China

Saudi Arabia has taken satellite images of the moon as part of a joint space mission with China. May 20 saw the launch of the Zhang E4 mission to the moon from the Chinese city of Xichang.  The King Abdul Aziz City of Science and Technology (KACST) and the China National Space...

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Environment & Energy | Thursday 14 June, 2018 5:44 am

Saudi Arabia raises oil output amid fears of supply crunc

Saudi Arabia posted the biggest month-on-month increase in oil supply of any OPEC country in May, according to the latest report from the International Energy Agency (IEA). The Kingdom’s production was up 100,000 barrels per day (bpd) to 10.02 million barrels. Domestically, more crude was...

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Environment & Energy | Sunday 10 June, 2018 4:55 pm

Sipchem Releases Its 2nd Sustainability Report In Line With (GRI) Standards

SAUDI INTERNATIONAL PETROCHEMICAL COMPANY (SIPCHEM)announces that it has issued its second Sustainability Reportwhich highlights Sipchem's sustainability performance in 2016 and 2017 and covers Sipchem’s initiatives in the environmental, social and economic areas. Sustainability...

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Environment & Energy | Saturday 9 June, 2018 3:35 am

UAE Firm’s state-of-the-art green manufacturing filmed

NATIONAL Geographic Abu Dhabi (NGAD) in partnership with Abu Dhabi media announced the launch of its latest film “Made in the UAE” which highlights the rise of the UAE’s industrial economy through spotlighting global leaders such as Unilever’s local manufacturing production...

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