Environment & Energy | Monday 14 May, 2018 12:11 pm

ADNOC Announces US $45 Billion Investment Plan to Become Leading Global Downstream Player

The Abu Dhabi National Oil Company (ADNOC)today unveiled plans to invest US $45 billion alongside partners, over the next five years, to become a leading global downstream player. The plans were unveiled at the ADNOC Downstream Investment Forum, which took place today in Abu Dhabi, UAE. The...

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Environment & Energy | Sunday 13 May, 2018 3:01 pm

Sipchem Organizes Technical Exchange Workshop

Saudi International Petrochemical Company “Sipchem” organized the Dhahran Techno Valley (DTV) Partners Technical Exchange Workshop at the Sipchem Technology and Innovation Centre “Manar” in Dhahran.    This workshop aims to exchange information on the...

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Environment & Energy | Thursday 10 May, 2018 1:06 am

Al-Falih: We will work with major producers to offset oil supply shortage

Saudi Arabia’s Energy Minister Khalid Al-Falih said on Wednesday the Kingdom will work closely with major OPEC and non-OPEC producers as well as key oil consumers to lessen the impact of any supply shortages after US withdrawal from the Iran nuclear deal. “Following the US withdrawal...

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Environment & Energy | Wednesday 9 May, 2018 3:38 am

GPCA picks winners of 2nd Responsible Care Awards

The Gulf Petrochemicals and Chemicals Association (GPCA) has announced the winners of the 2nd GPCA Responsible Care Awards, which took place in a star-studded ceremony on the evening of May 7, 2018 at the InterContinental, Dubai – Festival City, UAE. The awards enjoyed a record number of...

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Environment & Energy | Tuesday 8 May, 2018 12:37 pm

ENOC honours employees' competence, commitment, achievements at awards ceremony

Employees of the ENOC Group were recently recognised at the Group’s annual award ceremony for their distinguished performance, initiative and commitment. Employees were also recognised for championing the Group’s core values and for accomplishments that have received accolade from...

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Environment & Energy | Monday 7 May, 2018 11:30 am

Dubai Adds 200MW Solar Energy, Increasing Clean Energy Share To 4% of Installed Capacity

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated the 200 megawatt (MW) first stage of the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park. Dubai Electricity & Water Authority (DEWA) is implementing the...

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Environment & Energy | Sunday 6 May, 2018 3:48 am

Saudi Aramco awards 16 local firm deals worth $7 billion

Saudi Aramco said on Saturday it awarded 16 local companies deals worth more than 26 billion riyals ($6.93 billion) as part of a drive to expand the kingdom’s industrial base and manufacture a bigger share of products domestically.   The 10-year purchase agreements, signed on May...

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Environment & Energy | Thursday 3 May, 2018 2:47 am

Saudi Arabian bourse to ensure Aramco’s weighting in index is not too big

Saudi Arabia’s stock exchange will ensure the weighting of national oil giant Saudi Aramco in its main stock index is not too large when the company lists its shares, the exchange’s chief executive said on Wednesday. “We have technical ways to address this issue,” Khalid...

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Environment & Energy | Monday 30 April, 2018 3:45 pm

Siemens presents the future of power and water in Muscat

At the 4th Oman Energy and Water Conference and Exhibition, organized by the Public Authority for Electricity and Water in partnership with Omanexpo, from April 30 to May 2, Siemens is highlighting today the future of the power and water industry by showcasing comprehensive...

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Environment & Energy | Sunday 29 April, 2018 3:26 pm

Baker Hughes, a GE company sets milestone with 10,000 drill bits manufactured in Saudi Arabia

Baker Hughes, a GE company (BHGE) has set a new milestone in the Kingdom of Saudi Arabia with its Drill Bit Manufacturing Plant in Dhahran producing over 10,000 drills bits since 2011. While about 36 percent of the polycrystalline diamond compact (PDC) drill bits are supplied to Saudi Aramco, the...

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