Environment & Energy | Thursday 5 July, 2018 12:21 am

DME welcomes growing use of Oman benchmark

Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, welcomes the announcement earlier today of Saudi Aramco’s commitment to usingthe DME Oman crude oil benchmark in its Asian pricing formula.   “We are...

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Environment & Energy | Wednesday 4 July, 2018 6:30 am

3rd UAE France Oil and Gas Connecting Days

Business Francejointly with EVOLEN, and the French Business Grouphosted the third UAE France Oil and Gas Connecting Days from June 25thto 26thin Abu Dhabi and Ruwais. The two days forum included ADNOC and its subsidiaries, as well as several ADNOC partners including Mudabala...

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Environment & Energy | Wednesday 4 July, 2018 6:12 am

Abdul Latif Jameel Energy awarded 55 MW project in Armenia to power more than 21,400 homes

Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, has been awarded a 55 MWac solar project in Armenia that will power more than 21,400 homes in Armenia with clean energy.   Expanding the company’s global footprint, FRV has been awarded the competitive tender by ...

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Environment & Energy | Monday 2 July, 2018 5:19 am

Gulf markets rise on oil price surge

Gulf stock markets closed in positive territory on Sunday, boosted by a surge in oil prices, an increase in retail investors and encouraging news on Bahrain’s financial prospects. Oil prices surged last week on concerns that US sanctions against Iran would remove a substantial volume of...

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Environment & Energy | Monday 2 July, 2018 4:17 am

KSA becomes member of ACSAD’s executive council

Saudi Arabia has been elected as a member of the executive council of the Arab Center for the Studies of Arid Zones and Dry Lands (ACSAD) for the next two years, at the 34th session of its general assembly held in Cairo. The meeting was held under the chairmanship of Egyptian Minister of...

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Environment & Energy | Sunday 1 July, 2018 7:26 am

39 candidates pass medical and psychological exams in UAE Astronaut Programme

 The Mohammed bin Rashid Space Centre announced that 39 out of 95 candidates passed the physical and psychological tests to qualify for the preliminary list of the UAE Astronaut Programme. The Programme was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and...

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Environment & Energy | Saturday 30 June, 2018 5:02 pm

ADNOC joins 2019 Abu Dhabi World Energy Congress to highlight its energy transition vision

 The UAE Organising Committee of the 24th World Energy Congress has announced today that the Abu Dhabi National Oil Company, ADNOC, will be a host sponsor for the 2019 Congress. Held every three years in select international cities, the World Energy Congress is the world’s largest,...

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Environment & Energy | Thursday 28 June, 2018 1:34 am

Emirates Environmental Group hosts 3rd of its series of Panel Discussions for the Year 2018

The Emirates Environmental Group (EEG) organised a Panel Discussion on the topic of “Zero Waste: Food for Thought?”, held on the 27thof June at the Modul University, Dubai. The event was conducted in association with the Arabia CSR Network, Emirates Green Building Council, Clean Energy...

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Environment & Energy | Tuesday 26 June, 2018 5:41 am

ADNOC, Saudi Aramco to partner on development of $44bn Indian mega refinery

Oil giants Abu Dhabi National Oil Company (Adnoc) and Saudi Aramco will jointly invest in the $44 billion Ratnagiri refinery and petrochemical complex that is coming up in the Western Indian state of Maharashtra.  The two firm signed a memorandum of understanding in this regard in New Delhi ...

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Environment & Energy | Sunday 24 June, 2018 7:19 am

Saudi pledges ‘measurable’ oil supply boost as OPEC, Russia agree deal

OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a “measurable” supply boost but giving no specific numbers. The Organization of the Petroleum Exporting Countries had announced an OPEC-only production agreement on...

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