Environment & Energy | Monday 10 July, 2023 12:13 pm

ENOC Group and QatarEnergy announce 10-year condensate supply agreement

ENOC Group, a leading integrated global energy player, and QatarEnergy, an integrated energy company today announced a 10-year sale agreement stipulating the supply of up to 120 million barrels of condensates to ENOC Group starting from July 2023.  The agreement was signed by QatarEnergy, ...

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Environment & Energy | Monday 10 July, 2023 9:55 am

Dubai to boost green mobility with 170% increase in public charging stations planned by 2025

Dubai has consistently been rated as one of the ‘world’s best cities to drive’ with exceptional ratings in measures like traffic congestion and road and public transport quality. Now, the city is set to add a compelling eco-friendly dimension to its world-leading driving experience with an...

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Environment & Energy | Saturday 8 July, 2023 7:49 am

EEG recognises du's outstanding sustainability achievements

du, from Emirates Integrated Telecommunication Company (EITC), today announced a significant achievement in its sustainability journey as a result of its collaboration with the Emirates Environmental Group (EEG). du has made remarkable progress in EEG's "For Our Emirates We...

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Environment & Energy | Saturday 8 July, 2023 1:07 am

Oil sector investments ‘not enough’, more is needed: OPEC Secretary General

Investments in the global oil sector are no longer sufficient, said Haitham Al Ghais, OPEC Secretary General, stressing the need for more investments to fulfill future demand. The global oil sector needs investments of $12 trillion until 2045, as they declined from $500 to $200 billion...

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Environment & Energy | Saturday 8 July, 2023 12:06 am

RSG says solar stations in Red Sea Project first phase ‘complete

Red Sea Global announced the installation of more than 750,000 solar panels in five solar stations dedicated to the operation of the first phase of the Red Sea Project, which features 16 hotels, retail, and entertainment venues, in addition to other infrastructure facilities, SPA reported, citing a ...

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Environment & Energy | Friday 7 July, 2023 1:28 am

Developing countries are the most important in efforts to tackle climate change, Crescent Petroleum CEO tells OPEC Seminar

The world is at a critical crossroads in the effort to cut carbon emissions and slow climate change, but current global climate policies are hindering the energy transition, Majid Jafar, CEO of Crescent Petroleum, the region’s oldest and largest private oil and gas company, told ministers and...

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Environment & Energy | Friday 7 July, 2023 1:03 am

Ministry of industry licenses 53 factories in April

Saudi Arabia licensed 53 new factories at a total investment value of SAR 5.8 billion in April, the Ministry of Industry and Mineral Resources said in a statement today, July 5.  The ministry indicated that these licenses were divided into seven activities, topped by manufacturing of food ...

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Environment & Energy | Thursday 6 July, 2023 10:23 am

OPEC ministers agree to support market balance, stability

The oil and energy ministers of the Organization of the Petroleum Exporting Countries (OPEC) met on the sidelines of the 8th OPEC International Seminar in Vienna to review market conditions. The ministers agreed to continue consultation with their non-OPEC counterparts, through already...

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Environment & Energy | Thursday 6 July, 2023 10:13 am

NEOM Green Hydrogen issues full notice to proceed to EPC contractor

ACWA Power Co.’s affiliate, NEOM Green Hydrogen Co., issued a full notice to proceed for the engineering, procurement and construction (EPC) contractor of NEOM Green Hydrogen Project. The notice was accepted, ACWA Power said in a statement to Tadawul today, July 6. The Saudi-listed firm ...

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Environment & Energy | Wednesday 5 July, 2023 1:40 pm

ENOC Link successfully fuels Dubai International Airport fleet, contributes to the UAE’s sustainability vision

ENOC Link, the digital mobile fuel supply service for businesses and consumers in the UAE by ENOC Group, announced it is now supplying the fleet at Dubai International Airport with reliable, safe and convenient access to fuel.  Through ENOC Link, the airport fleet has halted the two fuel...

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