Environment & Energy | Saturday 27 August, 2016 3:52 am

Oil market moving in right direction: Kingdom

The Kingdom has tempered expectations that world’s major oil producers would look to freeze production next month, with Saudi Energy Minister Khalid Al-Falih telling Reuters that the “market is moving in the right direction” already. “We don’t believe any...

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Environment & Energy | Friday 26 August, 2016 9:01 am

Oil drops as market tracks US supplies

Oil prices fell Wednesday, with Brent stuck below $50, after data showed an increase in US crude stockpiles, adding to supply glut concerns. Data from the American Petroleum Institute (API) Tuesday showed US crude inventories rose by 4.5 million barrels last week. Rising stocks indicate weaker...

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Environment & Energy | Friday 26 August, 2016 2:57 am

World Energy Forum Set for October 19-22, 2016 in New York City

More than 2,000 world leaders, corporate executives and trade delegates are expected to attend the World Energy Forum 2016 in New York City from October 19-22, 2016. Heads of state, government ministers and ambassadors from more than 150 countries will join corporate leaders, associations,...

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Environment & Energy | Thursday 25 August, 2016 9:17 am

KACST, TAQNIYA to set up solar plant in Taif

Makkah Gov. Prince Khaled Al-Faisal signed a memorandum of understanding (MoU) with the King Abdul Aziz City for Science and Technology (KACST) for the establishment of a solar plant to produce solar panels at the Souk Okaz site in Taif. The accord, signed early this week, was inked by the...

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Environment & Energy | Wednesday 24 August, 2016 6:00 am

Al-Falih Set to Attend Top Global Gathering of Energy Leaders

Khalid Al-Falih, Saudi Arabia's Minister of Energy, Industry and Mineral Resources, and Amin Nasser, CEO of Saudi Aramco, will speak at the World Energy Congress to be held in Istanbul on 09-13 October. The World Energy Congress is the most inclusive global energy event and the first...

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Environment & Energy | Tuesday 23 August, 2016 3:58 am

Green Cleaning to Drive Innovation in Regional Cleaning Industry

Continuous improvement, innovation, and environmental sensitivity have become the watchwords for the cleaning industry in the region as more and more companies in the sector are sourcing products and equipment keeping sustainability in mind. Globally, the market for green cleaning products is...

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Environment & Energy | Monday 22 August, 2016 2:09 pm

SADAFCO Launches Solar Power Project in Riyadh

After announcing its investment in a SAR 2 million solar power project in its Riyadh Regional Distribution Centre (RDC) last October, Saudia Dairy and Foodstuff Company (SADAFCO) has now commenced operations utilizing a photovoltaic (PV)-diesel hybrid system that can deliver up to 40...

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Environment & Energy | Thursday 18 August, 2016 1:13 pm

Averda’s new contract win aims to increase recycling in Dubai

Beginning October 2016, the residents, schools, universities and public hospitals of Al Mizhar, Al Muhaisnah and Nadd Al Hamar districts in Dubai will see Averda’s ‘men in blue’ at work as part of a new waste management contract award by Dubai Municipality. They will be cleaning...

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Environment & Energy | Sunday 14 August, 2016 7:22 am

SEC fuels wind, solar projects in line with Vision 2030

In line with the Kingdom’s Vision 2030, the Saudi Electricity Company (SEC) have begun technical studies to take advantage of renewable energy and in line with that has identified sites that could produce solar energy in the various regions of the Kingdom. SEC CEO Ziad Al-Shiha told...

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Environment & Energy | Saturday 13 August, 2016 2:18 am

23rd World Energy Congress Set to Shape Future Global Energy Landscape

Momentum is building towards the 23rd World Energy Congress, due to take place in Istanbul between 9th and 13th October, just two months away. Government ministers from almost 50 countries are among the 261 influential senior leaders confirmed to speak at the event. The...

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