Environment & Energy | Sunday 11 November, 2018 7:06 am

ADNOC, Wanhua Chemical Group sign new long term LPG sales contract

The Abu Dhabi National Oil Company (ADNOC) announced, today, it has concluded a new long-term Liquefied Petroleum Gas (LPG) sales agreement with Wanhua Chemical Group of China. Under the terms of the 10-year contract, Wanhua will purchase up to 1 million metric tonnes of LPG per annum. The...

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Environment & Energy | Sunday 11 November, 2018 2:03 am

Receiving Requests for Water Delivery Services to the Districts of North-East Jeddah

  The National Water Company has announced the start of receiving applications for water connections in a number of neighborhoods in the northeast of Jeddah.   Eng. Mohammed Bin Saleh Al Ghamdi, General Director of the Water Company in Makkah Region, announced that the company...

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Environment & Energy | Saturday 10 November, 2018 3:20 am

Aramco breaks ground for new upstream R&D Center at MSU

Strategic collaboration between Saudi Arabia and Russia continues to progress with Saudi Aramco President and CEO Amin H. Nasser attending the groundbreaking ceremony of a new Saudi Aramco Research Center at the MSU Science Park. The center is Saudi Aramco’s ninth R&D facility outside the ...

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Environment & Energy | Thursday 8 November, 2018 5:07 am

Heavy rain expected till Sunday

Most regions of the Kingdom will witness moderate to heavy rain from Thursday till Sunday, according to a statement of The General Authority of Meteorology and Environmental Protection. The authority has forecast that the rain would be accompanied by thunder, sandstorm and snowfall, the Saudi...

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Environment & Energy | Tuesday 6 November, 2018 5:28 am

Abu Dhabi National Oil Company Announces $132 Billion CAPEX Program, Integrated Gas Strategy and an Increase in Oil Production

TheAbu Dhabi National Oil Company’s (ADNOC)announced its plans to launch a new integrated gas strategy and increase its oil production capacity to 4 million barrels per day (mmbpd) by the end of 2020 and 5mmbpd by 2030, following approval from the Supreme Petroleum Council...

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Environment & Energy | Monday 5 November, 2018 1:51 am

(ZMI) Concludes First of its Kind Regional Acquisition and Financing in the Offshore Marine Sector

Abu Dhabi-based Zakher Marine International Inc. group (ZMI) recently announced the conclusion of a first-of-its-kind financing in the shipping industry worth US $125 million. It is the first China Export and Credit Insurance Corporation, aka, Sinosure supported transaction in the region for a...

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Environment & Energy | Sunday 4 November, 2018 1:56 pm

Iraqi Minister of Electricity discusses next steps to drive Principles of Cooperation signed with GE

Iraq’s Minister of Electricity HE Luay Al Khateeb met a delegation of GE Power (NYSE: GE) led by Joseph Anis, President & CEO of GE’s Power Services business in Africa, South Asia and the Middle East, at his office today. He discussed next steps to drive the Principles of...

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Environment & Energy | Sunday 4 November, 2018 12:45 am

ACWA Power and EETC ink PPA for gas-fired combined cycle plant

A CONSORTIUM led by ACWA Power has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a gas-fired combined cycle plant in the presence of Prime Minister of Egypt, Eng. Mustafa Madbuoly, the Minister of Electricity and Renewable Energy, Dr. Mohamed...

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Environment & Energy | Friday 2 November, 2018 3:50 am

Aramco, SABIC announce Yanbu as the site for integrated industrial complex

Saudi Aramco and SABIC have announced their selection of Yanbu, on the west coast of Saudi Arabia, as the site for the development of an integrated industrial complex to convert crude oil to chemicals (COTC).   The announcement by Saudi Aramco and SABIC, the two largest industrial...

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Environment & Energy | Thursday 1 November, 2018 1:24 pm

The two major Saudi water entities sign agreement on quality and performance excellence

Furthering transparent governance, an important pillar of the Vision 2030, the Saline Water Conversion Corporation (SWCC) signed today an organizational agreement with the National Water Company (NWC) on achieving quality and performance excellence.   Both HE Eng Ali Bin Abdulrahman...

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