Environment & Energy | Saturday 21 July, 2018 4:24 am

Potential SABIC deal would affect Saudi Aramco IPO time frame, says CEO Nasser

A potential deal to buy a stake in petrochemical maker SABIC would affect the time frame of Saudi Aramco's initial public offering (IPO), the oil firm's president and CEO Amin H. Nasser said Friday.  The IPO of around 5 percent of Aramco, which was initially to take place this...

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Environment & Energy | Wednesday 18 July, 2018 6:00 am

2.5mn smart power meters to be installed in three years

SOME 2.5 million smart electronic meters will be installed in the coming three years in the residential, commercial and industrial sectors. This is part of a contract awarded by Saudi Electricity Company (SEC) to a national company on Wednesday, Saudi Press Agency (SPA) said. The first stage is...

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Environment & Energy | Monday 16 July, 2018 4:10 pm

Key to a sustainable future: thyssenkrupp launches advanced water electrolysis for large scale chemical projects in Saudi Arabia

As renewable energy sources continue their global success story, the demand for integrating them into the current energy and industry landscape has seen a sharp rise in Saudi Arabia. thyssenkrupp now offers a key technology for renewables integration: industrial scale water electrolysis for large...

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Environment & Energy | Sunday 15 July, 2018 2:57 pm

Almansoori Delivers Facilities for Kenya’s First Oil Wells

AlMansoori Specialized Engineering, the leader in oilfield services in the Middle East, has successfully contributed to the Early Oil Pilot Scheme (EOPS) launch leading to Kenya’s first oil production and export programme by providing facilities for the landmark...

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Environment & Energy | Sunday 15 July, 2018 3:08 am

System launched to help predict, plan for heavy rain in Saudi Arabia

The Ministry of Municipal and Rural Affairs has launched a system to help predict and plan for heavy rain and flooding across the Kingdom The high-tech system, called Matir, is the first of its kind in the Arab region. It is designed to help the authorities plan early for extreme weather...

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Environment & Energy | Saturday 14 July, 2018 1:44 am

Deal signed to reduce food waste in Saudi Arabia

The General Sports Authority, represented by the Saudi Community Sports Union, signed an agreement with the Saudi Food Bank at the authority’s headquarters in Riyadh. The agreement aims to promote the conservation of food and the avoidance of food waste through the activities and programs of ...

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Environment & Energy | Wednesday 11 July, 2018 4:57 am

Energy-saving tips in order as summer heat sends Saudi electricity bills soaring

Consumers around Saudi Arabia got a shock last month when they saw their latest electricity bills. A double whammy of increased tariffs from the Saudi Electricity Company and the arrival of summer heat, with air-conditioning set to max, sent costs sky-high. So is there anything householders can...

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Environment & Energy | Friday 6 July, 2018 8:59 am

$200m organic farming plan unveiled by Saudi Arabia

The Ministry of Environment, Water and Agriculture unveiled its organic farming action plan, which was approved by the Cabinet, and has allocated SR750 million ($200 million) to support it. The plan will be one of the most important means of supporting organic production, said the...

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Environment & Energy | Thursday 5 July, 2018 5:47 am

Saudi Aramco plans first change in Asia crude oil price formula in decades

Saudi Aramco is changing the formula it uses to price its long-term crude oil sales to Asia in a move aimed at improving the overall reliability of its pricing. It represents the first change to benchmarks for its official selling prices (OSP) since the mid-1980s, the company said on...

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Environment & Energy | Thursday 5 July, 2018 4:48 am

Al-Fadli signs deal to set up 3 floating desal plants

The Saline Water Conversion Corporation (SWCC) announced on Wednesday that it has signed an agreement with an international company to provide 150,000 cubic meters of potable desalinated water daily via three floating desalination plants set up on barges, Saudi Press Agency (SPA) reported...

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