Environment & Energy | Thursday 23 April, 2020 4:03 pm

H.E. President AbdelFattah El Sisi inaugurates Al Mahsamma plant in Ismalia Governorate

Al Mahsamma project is a milestone in Egypt’s water security agenda and represents a qualitative leap in the field of agricultural wastewater treatment across Africa. The 1 million m3/day state-of-the-art mega national project inaugurated today will contribute to the cultivation of 70.000 acres...

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Environment & Energy | Tuesday 21 April, 2020 1:08 pm

MBRSC Announces Launch of New Space TV Series Majarat

The Mohammed Bin Rashid Space Centre (MBRSC) today announced that it will launch a new space-related TV series, Majarat, across its social media accounts. The show falls under the larger umbrella of the online MBRSC Channel, which will be scaled up to include other programmes, podcasts and new...

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Environment & Energy | Friday 17 April, 2020 9:04 am

Minister of Energy discusses oil market situation with his Russian counterpart

Prince Abdulaziz bin Salman Al Saud, Minister of Energy for the Kingdom of Saudi Arabia; and HE Alexander Novak, Minister of Energy for the Russian Federation held a constructive phone call as part of their regular consultations on the oil market situation and issued the following joint...

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Environment & Energy | Thursday 16 April, 2020 12:32 am

Saudi Aramco Has Not Made Any Offers of Extended Payment Terms to Crude Oil Sales

Saudi Aramco Company has denied some media reports with regard to payment terms to crude oil sales.In a statement issued, the company stated that "Contrary to a recent media report, Aramco has not made any offers of extended payment terms to crude oil sales." ...

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Environment & Energy | Wednesday 15 April, 2020 4:34 am

World’s Most Efficient Power Plant is Synced to the Grid and Operating at Full Load, Ahead of Schedule

Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has begun commissioning of T-Point 2, its new gas turbine combined cycle (GTCC) power plant testing facility at Takasago Works in Hyogo Prefecture, Japan. Replacing the iconic T-Point, the facility will accelerate MHPS’ industry-leading R&D...

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Environment & Energy | Tuesday 14 April, 2020 2:48 pm

Empower advances technologies in plant operations, remote working and customer services.

Un-manned self-operating plants and Command Control Centre   AI for analyzing millions of data and the operation of the Thermal Energy Storage (TES) tanks   Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services...

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Environment & Energy | Tuesday 14 April, 2020 12:01 pm

Apicorp 2019 Financial Results Demonstrate Strong Growth Momentum With Net Income Of Usd 112 Million

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, today disclosed its financial results for the year ended 2019. Building on record performance in 2018, APICORP posted strong results including a 17% Y-O-Y increase in net recurring income to...

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Environment & Energy | Sunday 12 April, 2020 2:42 am

G20 Extraordinary Energy Ministers Meeting Statement

Energy ministers of the G-20 issued a statement at the end of the extraordinary meeting held yesterday. The final statement says: We, the G20 Energy Ministers, are profoundly saddened by the human tragedy caused by the COVID-19 pandemic. We convene today against this backdrop of a crisis that, in...

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Environment & Energy | Saturday 11 April, 2020 12:05 pm

Saudi Arabia cuts fuel prices

Saudi Aramco has announced a reduction in fuel prices in the Kingdom starting Saturday (Apr. 11), Saudi Press Agency (SPA) reported. Gasoline 91 will be priced at SR1.31 per liter from SR1.55 per liter in the previous month, while gasoline 95 will be priced at SR1.47 per liter from...

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Environment & Energy | Friday 10 April, 2020 11:24 am

The 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting concludes

The 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting was held via webinar, on Thursday, 09 April 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and co-Chair HE Alexander Novak, Minister of Energy of the Russian Federation. The...

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