Environment & Energy | Saturday 5 August, 2023 1:42 am

OPEC+ panel keeps oil output policy unchanged

OPEC+ Joint Ministerial Monitoring Committee decided today, Aug. 4, to keep the oil output policy unchanged. The panel confirmed the members' commitment to the declaration of cooperation after reviewing oil production data for May and June 2023. The next meeting is scheduled for Oct....

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Environment & Energy | Friday 4 August, 2023 4:38 pm

Oil ticks higher, on track for sixth straight weekly gain

Oil prices edged up on Friday, heading for the sixth straight weekly gain, the longest weekly winning streak in more than one year after both Saudi Arabia and Russia extended the voluntary output cut into next month.   OPEC+ Joint Ministerial Monitoring Committee is scheduled to hold ...

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Environment & Energy | Friday 4 August, 2023 2:02 am

Energy Ministry launches ‘Taqat Waeda’ Program to support energy sector needs

Saudi Arabia’s Ministry of Energy launched today, Aug. 3, “Taqat Waeda” Program, which aims to attract and provide young national capabilities with the necessary skills to enhance their scientific knowledge, build their practical experience.   The program also aims to prepare...

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Environment & Energy | Thursday 3 August, 2023 11:05 am

SABIC maintains sales volume despite challenging economic circumstances: CEO

Saudi Basic Industries Corp. (SABIC)’s CEO, Abdulrahman Al-Fageeh, said that the company maintained sales volume during Q2 2023, despite the challenging economic conditions the business environment is going through, not to mention the increased supply of SABIC’s main products. In a...

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Environment & Energy | Thursday 3 August, 2023 3:24 am

ENOC signs strategic agreement with Retired Military Personnel Association to strengthen UAE’s retail infrastructure

ENOC Group, a leading integrated global energy player, today signed a strategic agreement with the Retired Military Personnel Association (RMPA) in Abu Dhabi to further develop the UAE’s retail infrastructure and contribute towards the country’s growing energy needs. The agreement will enable...

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Environment & Energy | Wednesday 2 August, 2023 9:32 am

ADNOC and Occidental to evaluate carbon management projects in UAE, US to accelerate net zero goals

ADNOC and Occidental today announced they have signed a strategic collaboration agreement (SCA) to evaluate potential investment opportunities in carbon dioxide (CO2) capture and storage (CCS) hubs in the United Arab Emirates (UAE) and United States (US), with a view to develop a carbon management...

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Environment & Energy | Wednesday 2 August, 2023 12:59 am

Amouage Prepares for First Frankincense Harvest at UNESCO World Heritage Site ‘Wadi Dawkah’

Amouage, the Omani international High Perfumery House, celebrates a milestone in its sustainable development initiative to perpetuate traditional craftsmanship among its newly recruited local workforce as they prepare for the first Frankincense harvest at the UNESCO World Heritage Site Wadi Dawkah. ...

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Environment & Energy | Tuesday 1 August, 2023 11:11 am

Bupa Global supports sustainability innovators to tackle climate change crisis

Bupa Global selected 18 sustainability-focused startups worldwide that qualified in the finals of the Bupa Eco-Disruptive Live event. Held in London recently, the event attracted over 400 attendees, with 20 speakers discussing the importance of startups leading sustainable innovation. Bupa...

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Environment & Energy | Tuesday 1 August, 2023 11:07 am

Arabian Drilling Announces Ten New Land Rig Contract Awards for ARAMCO's Unconventional Program

Arabian Drilling Company (“Arabian Drilling” or the “Company”) (Tadawul symbol: 2381), one of the largest national onshore and offshore drilling contractor in Saudi Arabia, announced today multiple contracts awards from Aramco for ten (10) additional Land Rigs. The contracts' firm terms...

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Environment & Energy | Monday 31 July, 2023 11:17 am

ENOC Group provides vehicle inspection training to Ajman Government

Aligned with its commitment to prioritising safety on the roads across the UAE, Security Service Support Authority – Ajman Government, and ENOC Group joined forces to improve vehicle inspection knowledge and skills among Ajman’s Government vehicle inspectors. The training was provided by...

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