Environment & Energy | Wednesday 14 March, 2018 2:41 am

The Arab Petroleum Investments Corporation (APICORP) issues debut CNH 630 million 3-Year Dim Sum Bond

Arab Petroleum Investments Corporation (APICORP), rated Aa3/Stable by Moody’s, priced its inaugural benchmark-sized Dim Sum bond in the offshore Renminbi market on 2nd March, 2018. The 630 million Chinese Renminbi (approximately USD 100mn equivalent) 3-year fixed rate bond matures on March...

More Details

Environment & Energy | Monday 12 March, 2018 2:21 pm

Sharjah Girl Guides Launches ‘Pick and Grow’ Initiative to Enhance Environmental Sustainability

Coinciding with the 38th UAE Afforestation Week, Sharjah Girl Guides (SGG) organised the ‘Pick and Grow’ initiative in collaboration with Sharjah Municipality, with the aim of fostering a culture of environmental conservation and highlighting the importance of increasing green spaces to ...

More Details

Environment & Energy | Friday 9 March, 2018 6:34 am

Saudi Aramco and SABIC jointly launch plan to convert crude oil into chemicals, assign WOOD for its management

In a significant new step towards the successful implementation of Saudi Aramco and SABIC’s fully integrated, strategic crude oil-to-chemicals (COTC) complex in the Kingdom, the partners today awarded Wood, a leading, global British-owned provider of project management and professional and...

More Details

Environment & Energy | Friday 9 March, 2018 4:37 am

Sabic chief sees Brexit as start of new era for UK-KSA trade

Saudi Arabia will firmly support the UK as it embarks on Brexit, the chief of chemicals giant Sabic said on Thursday. Speaking at a gathering of CEO’s from both countries in London, Sabic CEO Yousef Al-Benyan said: “The UK is going through a journey with Brexit. As a Kingdom that...

More Details

Environment & Energy | Wednesday 7 March, 2018 6:37 am

London’s best argument for staging Aramco IPO: It is not New York

London has some very definite advantages in the contest to stage any global element of the forthcoming initial public offering of Saudi Aramco, but whether Saudi Arabian policymakers will be convinced that the UK capital is the place for the flagship share sale — potentially the biggest IPO...

More Details

Environment & Energy | Saturday 3 March, 2018 12:07 pm

Quarter of Saudi Arabia’s energy use goes on road transport, figures reveal

Soaring fuel consumption on Saudi Arabia’s roads has alarmed the Kingdom’s Program for Energy Efficiency, which blames poor performing cars for the problem. Cars in the Kingdom average 13 kilometers per liter compared with 14 in the US, 15.2 in China and 20 in Europe, according to...

More Details

Environment & Energy | Thursday 1 March, 2018 1:27 pm

Alhamrani - Fuchs releases the advanced Titan Super GT Oils

Alhamrani-Fuchs Petroleum Saudi Arabia Ltd. announced the near  launch of the upgraded version of Titan Super GT, later this month. The new product comes with a three-pronged technology that will greatly enhance engine efficiency by preventing oxidation sedimentation, as well as protecting...

More Details

Environment & Energy | Wednesday 28 February, 2018 11:42 am

New VLCC ‘Qamran’ lifts Bahri’s fleet of multipurpose vessels to 91

Maintaining its positive run in 2018, Bahri, a global leader in transportation and logistics, accepted the delivery of ‘Qamran’, a Very Large Crude-oil Carrier (VLCC), to further strengthen its market-leading position in crude oil transportation and enhance its maritime...

More Details

Environment & Energy | Saturday 24 February, 2018 5:10 am

Saudi Arabia, India discuss oil prices, energy investments 6 hours ago 440 views

INDIA and Saudi Arabia discussed investment opportunities in a proposed oil refinery on the west coast of India with a capacity of 1.2 million barrels per day and a petrochemicals project in the southern city of Kakinada. “They are more than interested, we are discussing the nitty gritty...

More Details

Environment & Energy | Wednesday 21 February, 2018 2:35 pm

NWC: Alfadley signs consulting agreement for Water Distribution Sector privatization and private sector participation in the Kingdom with a specialized international consortium

H.E. Eng. Abdulrahman Abdulmohsen Alfadley, the Minister of Environment, Water and Agriculture and the Chairman of the National Water Company (NWC), signed today a consulting agreement with the Japanese Mizuho Bank for advisory services related to the implementation of private sector participation...

More Details