Saturday, January 20, 2018
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Eye of Riyadh

The Abraaj Group to build a 500 MW natural gas-fired power generation platform in Mexico
Environment & Energy | Saturday 2 December, 2017 12:31 am
The Abraaj Group (“Abraaj” or the “Group”), a leading investor operating in growth markets, today announced it has invested in a 111 MW natural gas-fired power plant in Chihuahua, Mexico. The investment represents the first phase of Abraaj’s plan to develop a 500 MW...
Siemens partners with Iraq Ministry of Electricity to modernize four power plants
Environment & Energy | Thursday 30 November, 2017 3:22 am
In a move to help enhance Iraq’s energy supply, Siemens announced today the signing of multi-million euro service contracts with the country’s Ministry of Electricity. The project will see the maintenance and upgrade services of seven power generating units inside four power plants...
Sadara, Gulf Interchem sign MOU to build a chemical by-product recycling facility in PlasChem Park
Environment & Energy | Tuesday 28 November, 2017 2:40 pm
Sadara Chemical Company (Sadara) signed a Memorandum of Understanding (MOU) with Gulf Interchem, a Bahrain-based technology company focused on innovating in the field of low-value chemical by-product recycling, for a by-products upgrade project based in PlasChem Park, a collaborative industrial...
Saudi Aramco, SABIC to build $20bn oil-to-chemicals complex
Environment & Energy | Monday 27 November, 2017 5:35 am
Saudi Aramco and petrochemical producer Saudi Basic Industries Corp signed a memorandum of understanding on Sunday to build a $20 billion complex converting crude oil to chemicals in the Kingdom. The project, which the partners said would be the largest crude-to-chemicals facility in the...
Middle East Electricity Show Surges as Regional Demand Dynamics Shift
Environment & Energy | Thursday 23 November, 2017 3:35 pm
Middle East Electricity (MEE), the region’s leading annual international trade event for the power industry, is undergoing major expansion in 2018 to service the shifting demand dynamics of the regional sector.   To aid ongoing growth, Informa Exhibitions, the event organiser, has...
Carbon Credits Drive Green Funding in Dubai
Environment & Energy | Tuesday 21 November, 2017 3:36 am
Dubai Carbon announced its first carbon credit transaction, with the sale of the resulting Certified Emission Reductions (CERs) from DEWA Chiller Station L Project through adopting the Clean Development Mechanism (CDM) to Farnek Total Facility Management. This initial sale paves the way for...
DEWA’s Water Reservoirs to be Powered by Solar Photovoltaic Systems
Environment & Energy | Saturday 18 November, 2017 2:29 pm
Etihad Energy Services Company (Etihad ESCO) has been awarded the development, and installation of solar photovoltaic (PV) systems to be installed at Dubai Electricity and Water Authority (DEWA) water reservoirs.   The installation of solar PV systems on DEWA’s water reservoirs...
Saudi Arabia reaffirms commitment to clean energy future, sustainable development
Environment & Energy | Friday 17 November, 2017 11:04 am
Saudi Arabia has said it is committed to maintaining its national contributions on taking climate actions that will enable sustainable development in line with the objectives of Saudi Vision 2030, the national economic diversification plan, and with its responsibilities as a global energy producer...
ADNOC and Cepsa Sign Agreement to Evaluate New World-Scale LAB Complex in Ruwais
Environment & Energy | Wednesday 15 November, 2017 5:00 pm
The Abu Dhabi National Oil Company (ADNOC) and Cepsa today signed a memorandum of understanding to evaluate a new world-scale Linear Alkyl Benzene (LAB) complex in Ruwais, Abu Dhabi. LAB is the most common raw material in the manufacture of biodegradable household and industrial detergents. It is...
Tanker market opportunities and challenges discussed at ‘Bahri Oil Transportation Forum’ in Dubai
Environment & Energy | Monday 13 November, 2017 3:24 pm
Bahri, a global leader in transportation and logistics, recently hosted three of the world’s leading maritime transportation veterans and thought leaders at its annual Bahri Oil Transportation Forum, which was held in Dubai, United Arab Emirates, during the Bahri VLCC Week. Organized under...