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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Environment & Energy | Wednesday 19 July, 2023 10:05 am

Saudi Arabia focuses on mining sector as ‘strategic option’, says Alkhorayef

Saudi Arabia focuses on the mining sector as a strategic option to realize the Vision 2030 goals by diversifying the national economic base, Bandar Alkhorayef, Minister of Industry and Mineral Resources, said during a panel discussion at the Egypt Mining Forum 2023. Source : Argaam...

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Environment & Energy | Tuesday 18 July, 2023 8:57 am

ACWA Power signs MoU to develop 10 GW wind energy project in Egypt

ACWA Power signed, on July 17, a memorandum of understanding (MoU) with Egypt's New and Renewable Energy Authority (NREA) to allocate land for a 10 gigawatts (GW) wind project in Egypt. The MoU allocates approximately 3,000 square kilometers of land west of Sohag, an urban center, for the...

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Environment & Energy | Monday 17 July, 2023 11:47 am

The End Plastic Waste Innovation Platform Expands To Riyadh

Global non-profit organization, Alliance to End Plastic Waste (Alliance), and early-stage startup accelerator, Plug and Play, announced today the exciting expansion of their 8th End Plastic Waste Innovation Platform partnership with a new hub in Riyadh for the Middle East region. The Alliance...

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Environment & Energy | Monday 17 July, 2023 10:05 am

NWC: We completed implementation of the pumping system for Buraidah from Al-Mustawa water field at SR 105m

The National Water Company (NWC), represented by its Northern Cluster, completed the implementation of a water project in Qassim Region. This project aims to enhance the supply of water to the city of Buraidah, at a total cost of 105 million Saudi Riyals, in order to increase the coverage...

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Environment & Energy | Friday 14 July, 2023 5:12 am

OECD commercial oil stocks rise in May: OPEC

The Organisation for Economic Co-operation and Development's (OECD) commercial oil stocks rose by 20.2 million barrels month-on-month (MoM) in May 2023 to 2,815 million barrels, which is 139 million barrels high from a year-earlier, OPEC said in its monthly report. However, it is 101...

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Environment & Energy | Friday 14 July, 2023 4:38 am

OPEC raises 2023 oil demand growth view

OPEC raised its forecast for global oil demand growth for 2023, projecting only a slight slowdown next year, with China and India continuing to drive increased fuel use. In its monthly report issued today, July 13, the group expected global oil demand to rise by 2.44 million barrels per day...

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Environment & Energy | Thursday 13 July, 2023 8:51 am

Schneider Electric launches online energy transition course with the International Trade Centre and Atelier 21

Schneider Electric, the leader in the digital transformation of energy management and automation, together with the International Trade Centre (ITC), a United Nations (UN) agency, and the French NGO Atelier 21, launched a new online training module about the energy transition. Titled “Become a...

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Environment & Energy | Tuesday 11 July, 2023 11:32 am

‘Water Security & Clean Energy Forum’ Drives Climate-Tech Action in Abu Dhabi

Today, the Advanced Technology Research Council (ATRC), the overarching entity mandated to shape Abu Dhabi’s technology R&D ecosystem, along with its subsidiaries ASPIRE and the Technology Innovation Institute (TII), has joined forces with the Abu Dhabi Department of Energy (DoE) to launch...

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