Environment & Energy | Saturday 18 August, 2018 2:38 pm

Aramco reinforces its leading role in global energy supply

Saudi Aramco, the world’s leading integrated energy and chemicals company, released Friday its 2017 Annual Review highlighting strategic achievements that reinforce the company’s role as the No. 1 producer of crude oil and condensate, adding value by integrating refining and...

More Details

Environment & Energy | Saturday 18 August, 2018 1:30 am

Aramco committed to meeting future oil demand, says Saudi energy minister

Saudi state oil giant Saudi Aramco remains committed to meeting future oil demand through continued investments, the kingdom’s Energy Minister Khalid Al Falih said in a company report on Friday. Aramco, which is slated for a public share sale, “continued to prepare itself for the...

More Details

Environment & Energy | Saturday 18 August, 2018 1:25 am

Gulf exporters to reap oil dividend as battle for Asia market share heats up

China is expected to buy more oil from Saudi Arabia and other Gulf producers as it seeks to replace US supply amid a worsening trade war with Washington. Although China last week omitted US crude from a list of a retaliatory tariffs, analysts told Arab News that the Chinese were cutting forward...

More Details

Environment & Energy | Wednesday 8 August, 2018 2:31 am

The 2nd Edition of the Phanes Group Solar Incubator set to kick off 7th August 2018

Phanes Group, an international end-to-end solar provider headquartered in Dubai, UAE, has announced the 2ndedition of its Solar Incubator program, aimed at identifying PV projects of potential in sub-Saharan Africa by providing support to funding, and commercial and technical knowledge. The...

More Details

Environment & Energy | Sunday 5 August, 2018 7:17 am

Saudi Arabia’s path to nuclear power

Faced with surging energy demand for economic growth, Saudi Arabia is turning to nuclear power to meet a twin challenge — how to diversify its electricity-generating mix while reducing reliance on fossil fuels. And with electricity demand in the country growing by 8 to 10 percent annually,...

More Details

Environment & Energy | Sunday 5 August, 2018 3:15 am

Saudi Arabia resumes oil exports via key waterway

Saudi Aramco on Saturday announced an immediate resumption of crude oil shipments through the Bab Al-Mandeb Strait. “The company is keen to follow up and evaluate the current situation in coordination with the relevant authorities and to take appropriate measures to ensure the safety and...

More Details

Environment & Energy | Wednesday 1 August, 2018 1:28 am

NPPMCL, HEI & GE announce completion of Balloki Power Plant

National Power Parks Management Company Limited (NPPMCL), Harbin Electric International Company Limited (HEI) and GE (NYSE: GE) announced the completion of the Balloki power plant, following the successful conclusion of all commissioning works and performance-related...

More Details

Environment & Energy | Monday 30 July, 2018 6:58 am

World Green Economy Summit 2018 tackles disruptive digital solutions

Inspired by the growth of digital technologies and Artificial Intelligence (AI) in boosting the economy, the annual World Green Economy Summit (WGES 2018) will focus on developing the digital economy and integrating it with the green context.  WGES is a strategic platform to share and...

More Details

Environment & Energy | Friday 27 July, 2018 5:22 am

Shell Saudi Arabia and Wallan Trading Company renew their partnership for the next five years

Following the success of the strategic partnership between Shell Lubricants Saudi Arabia and Wallan Trading Company, the authorized distributor of Hyundai cars in the Central region of Saudi Arabia. Both Fahad bin Saad Al Wallan, the Vice Chairman of Wallan Trading Company and Eng. Waqar Siddiqui,...

More Details

Environment & Energy | Thursday 26 July, 2018 4:28 am

Saudi Bahri says its oil tanker suffers minor damage in Red Sea incident

Bahri announces that one of its VLCCs had an incident on Wednesday 25/07/2018 while sailing ‎in the Red Sea. The VLCC suffered minor damage and no human injuries or ‎environmental damage have been reported.‎  ...

More Details