Environment & Energy | Thursday 10 May, 2018 1:06 am

Al-Falih: We will work with major producers to offset oil supply shortage

Saudi Arabia’s Energy Minister Khalid Al-Falih said on Wednesday the Kingdom will work closely with major OPEC and non-OPEC producers as well as key oil consumers to lessen the impact of any supply shortages after US withdrawal from the Iran nuclear deal. “Following the US withdrawal...

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Environment & Energy | Wednesday 9 May, 2018 3:38 am

GPCA picks winners of 2nd Responsible Care Awards

The Gulf Petrochemicals and Chemicals Association (GPCA) has announced the winners of the 2nd GPCA Responsible Care Awards, which took place in a star-studded ceremony on the evening of May 7, 2018 at the InterContinental, Dubai – Festival City, UAE. The awards enjoyed a record number of...

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Environment & Energy | Tuesday 8 May, 2018 12:37 pm

ENOC honours employees' competence, commitment, achievements at awards ceremony

Employees of the ENOC Group were recently recognised at the Group’s annual award ceremony for their distinguished performance, initiative and commitment. Employees were also recognised for championing the Group’s core values and for accomplishments that have received accolade from...

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Environment & Energy | Monday 7 May, 2018 11:30 am

Dubai Adds 200MW Solar Energy, Increasing Clean Energy Share To 4% of Installed Capacity

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated the 200 megawatt (MW) first stage of the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park. Dubai Electricity & Water Authority (DEWA) is implementing the...

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Environment & Energy | Sunday 6 May, 2018 3:48 am

Saudi Aramco awards 16 local firm deals worth $7 billion

Saudi Aramco said on Saturday it awarded 16 local companies deals worth more than 26 billion riyals ($6.93 billion) as part of a drive to expand the kingdom’s industrial base and manufacture a bigger share of products domestically.   The 10-year purchase agreements, signed on May...

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Environment & Energy | Thursday 3 May, 2018 2:47 am

Saudi Arabian bourse to ensure Aramco’s weighting in index is not too big

Saudi Arabia’s stock exchange will ensure the weighting of national oil giant Saudi Aramco in its main stock index is not too large when the company lists its shares, the exchange’s chief executive said on Wednesday. “We have technical ways to address this issue,” Khalid...

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Environment & Energy | Monday 30 April, 2018 3:45 pm

Siemens presents the future of power and water in Muscat

At the 4th Oman Energy and Water Conference and Exhibition, organized by the Public Authority for Electricity and Water in partnership with Omanexpo, from April 30 to May 2, Siemens is highlighting today the future of the power and water industry by showcasing comprehensive...

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Environment & Energy | Sunday 29 April, 2018 3:26 pm

Baker Hughes, a GE company sets milestone with 10,000 drill bits manufactured in Saudi Arabia

Baker Hughes, a GE company (BHGE) has set a new milestone in the Kingdom of Saudi Arabia with its Drill Bit Manufacturing Plant in Dhahran producing over 10,000 drills bits since 2011. While about 36 percent of the polycrystalline diamond compact (PDC) drill bits are supplied to Saudi Aramco, the...

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Environment & Energy | Sunday 29 April, 2018 11:07 am

Saudi Arabia gets 1st solar-powered gas station

Saudi Arabia’s first solar-powered gas station has just been opened in the Red Sea city of Jeddah. The inauguration comes on the heels of the Kingdom’s switching on its drive towards solar power, kicked of in February with the Ministry of Energy’s announcement of a solar...

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Environment & Energy | Saturday 28 April, 2018 7:00 am

Saudi youth on mission to clean up Red Sea

The Red Sea offers much for divers to discover — corals, marine life, pearls and more — but they also see the plastic bottles, old furniture and fishing tools that impact marine life and kill coral reefs. Three Saudi youth initiatives have raised awareness of the problem by marking...

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