Environment & Energy | Monday 18 April, 2016 7:39 am

Yasref obtains $4.7b unsecured credit facilities

THE Yanbu Aramco Sinopec Refining Company Ltd. (Yasref) has announced the signing of unsecured corporate finance credit facilities in an amount equal to $4.7 billion to refinance an existing shareholders credit facility. The credit facilities have been executed with a syndicate of 26 local,...

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Environment & Energy | Monday 18 April, 2016 5:30 am

Oil meeting in Qatar ends without freeze

Oil-rich nations at Qatar summit say they need “more time” before agreeing to a production freeze. The decision came hours after the meeting began in Doha, the Qatari capital. Eighteen oil-producing nations were at the Doha summit, with OPEC member Iran sitting out the meeting. Those ...

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Environment & Energy | Sunday 17 April, 2016 2:15 pm

Rosatom presented leading nuclear technologies at Alexandria University within the framework of Nuclear Energy Week in Egypt

 From 9 to 11 of April, 2016, Nuclear Energy Week was held at Alexandria University in Egypt. Alexandria University is one of the oldest and most respected universities in the country. Nuclear Energy Week is held on the grounds of the Faculty of Engineering and is one of the key industry...

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Environment & Energy | Thursday 14 April, 2016 4:09 am

Kingdom ‘rules out’ oil output cut ahead of key meeting

Saudi Oil Minister Ali Al-Naimi appeared to rule out cutting his country’s oil production in remarks published Wednesday, days ahead of the crucial Doha meeting aimed at propping up crude prices. Asked about the Kingdom’s position on reducing output, Naimi said: “Forget about...

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Environment & Energy | Wednesday 13 April, 2016 4:54 am

Saudi Aramco and Engie Confirm Sponsorship of 2016 World Energy Congress, Istanbul

With less than six months to go until the opening of the 2016 World Energy Congress, which is taking place in Istanbul between 9th and 13th October, we are delighted to confirm that a broad range of partners from right across the energy spectrum have confirmed their exhibition space. These partners ...

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Environment & Energy | Friday 8 April, 2016 12:55 pm

Kingdom building first solar energy plant

Bloomberg’s Editor-in-Chief John Micklethwait and five other Bloomberg journalists spent five hours talking to Deputy Crown Prince Muhammad Bin Salman, second deputy premier and minister of defense, in Riyadh. In the wide-ranging interview, Prince Muhammad discussed selling shares of Saudi...

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Environment & Energy | Sunday 3 April, 2016 9:43 am

Saudi Power Exhibition presents the largest gathering of Power companies in the Middle East

Saudi Arabia, one of the world's largest markets for power and energy, will be hosting in Riyadh, the Saudi Power, a trade exhibition dedicated for the power, solar and lighting sectors in the Saudi Arabian market. The 19th Edition of Saudi Power, held under the high patronage of the Ministry...

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Environment & Energy | Friday 1 April, 2016 5:33 am

Highlighting industrial excellence with the 2016 WNE Awards

From 28 to 30 June this year, the global civil nuclear energy community will gather at the World Nuclear Exhibition at Le Bourget for three industry-focused days with B2B meetings, panel discussions and exhibitor workshops, plus a tie-in programme of professional events and post- show site...

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Environment & Energy | Wednesday 30 March, 2016 3:30 pm

BAHRAIN’S OIL & GAS INDUSTRY GETS FINANCIAL BOOST 

nogaholding, the investment and business development arm of Bahrain’s  National Oil and Gas Authority (NOGA) today announced it has signed a five year US$570 million multi-bank Murabaha facility to support investment into a number of large scale oil and gas projects within the Kingdom of ...

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Environment & Energy | Tuesday 29 March, 2016 2:29 pm

GE Oil & Gas groundbreaking of Multi-Modal Manufacturing Center at MODON site in Dammam

Continuing to build on its commitment to promote localized manufacturing and talent development, GE Oil & Gas (NYSE: GE) today marked the ground-breaking of its multi-modal manufacturing and service facility at their MODON (Saudi Industrial Property Authority) site in 2nd Industrial City,...

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