Environment & Energy | Wednesday 2 March, 2016 10:21 am

WCU: Oil up as US production falls, gold seeking support

The energy sector delivered its first weekly gain in four despite seeing natural gas slump to a new 17-year low. Crude oil moved higher supported by falling US production and continued discussion among producers to limit their output.    Gold traded sideways following weeks of...

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Environment & Energy | Sunday 28 February, 2016 2:59 pm

NWC launches application to improve water consumption

NWC has launched a new application to increase community awareness of the importance of saving water and taking the initiative to report leakages. The “Water Friend” application has been designed as part of the Company’s commitment to its corporate social responsibility...

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Environment & Energy | Thursday 25 February, 2016 12:21 pm

World Nuclear Exhibition moves to the summer

Following on from its successful launch, the World Nuclear Exhibition (WNE) will be held for the second time from 28th to 30th June 2016 at Paris Le Bourget, hall 2B. Larger and more international, it will occupy 50% more space and is expected to attract over 10,000 visitors from all around the...

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Environment & Energy | Wednesday 24 February, 2016 12:14 pm

First Solar Achieves Yet Another Cell Conversion Efficiency World Record

First Solar, Inc. (Nasdaq: FSLR) today announced it has established yet another world record for cadmium-telluride (CdTe) photovoltaic (PV) research cell conversion efficiency, achieving 22.1 percent efficiency certified at the Newport Corporation’s Technology and Applications Center (TAC) PV ...

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Environment & Energy | Monday 22 February, 2016 4:56 am

NWC launches COMPAS in Makkah and Taif after its success in Riyadh and Jeddah

NWC has launched its COMPAS water sector management system in Makkah and Taif after it was proven to be a success in Riyadh and Jeddah. The launch ceremony was held in Makkah and attended by NWC CEO Dr. Loay Ahmed Al-Musallam, several executive directors and company staff. Al-Musallam explained...

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Environment & Energy | Sunday 21 February, 2016 4:52 am

KSA is among the healthiest of oil producing countries

Saudi Arabia is among the healthiest of the oil producing countries of the world, a top Riyadh-based economist asserted Saturday as reports said the Kingdom, Russia, Qatar and Venezuela will monitor the oil market following the recent agreement in Doha to freeze production and potentially take...

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Environment & Energy | Thursday 18 February, 2016 3:44 pm

Board Directors of Saudi Aramco and Dow Jointly Visit Sadara Chemical Company

Four years after they gave the green light to develop the Sadara joint venture, the boards of directors of Saudi Aramco and The Dow Chemical Company (Dow) visited Sadara Chemical Company’s (Sadara) industrial complex, to witness how this mega project has developed and commemorate the first...

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Environment & Energy | Thursday 18 February, 2016 6:54 am

Oil up 7% as support grows for Doha deal

Global oil prices rose as much 7 percent on Wednesday, rebounding further from their lowest levels in a dozen years, after Iran voiced support for a Russia-Saudi-led move to freeze production in an oversupplied market. Iranian Oil Minister Bijan Zanganeh met counterparts from Venezuela, Iraq and ...

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Environment & Energy | Tuesday 16 February, 2016 5:18 am

NWC launches electronic invoicing for its customers

NWC has launched its monthly electronic invoice system via its E-branch (nwc.com.sa) to speed up the billing process for customers and cut paper usage, contributing to environmental preservation. Eng. Yusif Al Said, NWC’s Senior Manager for Customer Services and Invoicing, IT Executive...

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Environment & Energy | Saturday 13 February, 2016 10:50 am

KSA realizes importance of renewable energy

Petroleum and Mineral Resources Minister Ali Al-Naimi has underlined the importance of energy in the economic and social growth, saying that all peoples of the world have the right to have reliable stable energy sources. He also said that the fossil fuel will continue to play its important role in ...

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