Environment & Energy | Sunday 30 July, 2023 9:25 am

Borouge reports first-half revenues of $2.8 billion

Borouge Plc today announced its financial results for the three- and six-month periods ended 30th June 2023, with first-half revenues of $2.8 billion and adjusted EBITDA of $978 million.The Company’s ambitious Value Enhancement Programme delivered a material $253 million impact in efficiencies...

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Environment & Energy | Saturday 29 July, 2023 1:58 am

Tadawul permits SNB Capital to conduct market making activities on Aramco

The Saudi Exchange Co. (Tadawul) announced  approving the application received from SNB Capital to conduct market activities on Saudi Arabian Oil Co. (Saudi Aramco), as of Aug. 1, 2023.According to a Tadawul statement today, July 27, the market maker...

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Environment & Energy | Saturday 29 July, 2023 1:43 am

COP28 President-Designate urges G20 nations to lead the way and demonstrate solidarity on climate action

With only 124 days left before COP28 UAE, COP President-Designate Dr. Sultan Al Jaber today urged G20 nations to take a leadership role on climate action, and said that their decisions will have an enormous influence on the outcomes for all countries.In a speech at the G20 Climate Sustainability...

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Environment & Energy | Friday 28 July, 2023 5:31 am

SEWA initiates high-tech utility expansion in Al Haray, Khorfakkan

The Sharjah Electricity, Water, and Gas Authority (SEWA) has commenced excavation and extension works to install the electrical and water network in the residential area of Al Haray, located in Khorfakkan city.These works are being carried out to meet the highest technical standards.Prior to the...

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Environment & Energy | Friday 28 July, 2023 5:18 am

ROYAL COMMISSION FOR ALULA PARTNERS WITH IUCN (INTERNATIONAL UNION FOR CONSERVATION OF NATURE)

The Royal Commission for AlUla (RCU) has partnered with IUCN (International Union for Conservation of Nature) to launch an innovative new conservation assessment tool that will boost the ability of nature reserve managers to benchmark their efforts against global standards and enhance the long-term ...

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Environment & Energy | Thursday 27 July, 2023 2:19 am

ENOC Group concludes series of workshops on business strategy

ENOC Group, a leading integrated global energy player, recently concluded a series of workshop sessions to elevate the Group’s business performance whilst addressing industry challenges and solutions to mitigate them.  These sessions provided an open platform for industry stakeholders...

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Environment & Energy | Saturday 22 July, 2023 8:41 am

DEWA calls for caution in electrical appliance usage during summer

Dubai Electricity and Water Authority (DEWA) has urged the public to take all necessary measures to avoid the risk of fire due to misuse of electrical appliances and connections with increasing temperatures in summer or failure to conduct periodic maintenance.DEWA called on customers to use its...

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Environment & Energy | Saturday 22 July, 2023 8:32 am

UAE Ministry of Energy and Infrastructure collaborates with DNV to establish Maritime Decarbonisation Centre

In a groundbreaking move that solidifies the UAE's status as a global leader in sustainability and energy transition, the UAE Ministry of Energy and Infrastructure (MOEI) has announced the establishment of the "UAE Maritime Decarbonisation Centre." As the first-of-its-kind Centre in the MENA...

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Environment & Energy | Saturday 22 July, 2023 7:12 am

Aramco buys 10% stake in China's Rongsheng

Saudi Aramco announced today, July 21, successfully closed a landmark transaction to acquire a 10% interest in China’s Rongsheng Petrochemical Co. Ltd. for RMB 24.6 billion ($3.4 billion), through its subsidiary Aramco Overseas Company BV, based in the Netherlands.   In an...

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Environment & Energy | Thursday 20 July, 2023 8:48 am

Vertiv Issues Updated Guidance for Data Centres During Extreme Heat

Summer in the northern hemisphere just started, but already devastating heatwaves have washed over much of the U.S., Mexico, Canada, Europe and Asia. Widespread wildfires in Canada have triggered air quality alerts across that country and much of the eastern half of the U.S. Similar extreme heat...

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