Environment & Energy | Friday 30 August, 2019 5:27 am

Aramco eyeing plan to split IPO into two stages: Report

Saudi Aramco is considering a plan to split the world’s largest IPO into two stages, debuting a portion of its shares on the Saudi stock exchange (Tadawul) later this year, and following up with an international offering in 2020 or 2021, reported the Wall Street Journal on Thursday, citing...

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Environment & Energy | Wednesday 28 August, 2019 1:16 pm

ENOC Group signs agreement with IMS Oil Trading LTD. for the supply of marine lubricants and tankers

ENOC Group has signed a Memorandum of Understanding (MoU) with IMS Oil, international trading operator in Greece to exclusively supply lubricants for up to 16 product tankers at IMS Oil’s Fujairah and Singapore ports. The partnership also expands ENOC’s marine lubricants supply...

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Environment & Energy | Saturday 24 August, 2019 6:12 am

DEWA launches 6th annual Sustainability Report

The Dubai Electricity and Water Authority, DEWA, in its 6th annual Sustainability Report, has summarised its efforts to promote social and economic sustainability as well as provide a sustainable model for energy and water. The report focuses on ways to support economic growth without damaging...

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Environment & Energy | Wednesday 14 August, 2019 5:50 am

Saudi Aramco sets share sale stage with $47 billion profit

Saudi Aramco proved itself the most profitable company in history on Monday with financial figures that beat all its competitors by a long way. The Kingdom’s oil giant reported net income of $46.9 billion for the first half of 2019, way ahead of the $31.5 billion reported by the next...

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Environment & Energy | Wednesday 14 August, 2019 5:21 am

Oman’s Dhofar Wind Farm produces first kilowatt hour of electricity

The 50-megawatt (MW) Dhofar Wind Farm in Oman has produced its first kilowatt hour of electricity, marking a major milestone for the GCC region’s first utility-scale wind farm. The landmark wind farm, which is fully funded by the Abu Dhabi Fund for Development (ADFD), the leading...

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Environment & Energy | Friday 9 August, 2019 2:09 am

Saudi Arabia Sets a New World Record for Wind Power Generation

The Ministry of Energy, Industry and Mineral Resources has announced that the Kingdom of Saudi Arabia has achieved the most world competitive price in terms of generation of wind power, where the price for the implementation of Dumat Al-Jandal wind power plant with a capacity of 400 MW has set a...

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Environment & Energy | Wednesday 7 August, 2019 1:00 pm

ENOC Group becomes the first energy company to win the SPLC Awards for sustainable business practices

ENOC Group is the world’s first energy company to have won the coveted Sustainable Purchasing Leadership Council (SPLC) Award in Portland, USA at the 2019 SPLC Summit organised by the US based not-for-profit organisation.   The Group was awarded under the ‘Sustainable...

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Environment & Energy | Tuesday 6 August, 2019 1:26 pm

DEWA Invites International Companies to Benefit from Investment Opportunities at WETEX and Dubai Solar Show

Dubai Electricity and Water Authority (DEWA) has invited international companies and organisations specialised in energy, renewable energy, water, the environment, to participate and display their products and services at the 21stWater, Energy, Technology, and Environment Exhibition...

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Environment & Energy | Monday 5 August, 2019 4:08 am

WGES to present Dubai’s global achievements in sustainability

The World Green Economy Summit (WGES) 2019 will be held under the patronage of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on 20th-21st October at Dubai International Convention and Exhibition Centre with the theme...

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Environment & Energy | Saturday 3 August, 2019 2:47 pm

RAKEZ partners with Smart4Power to reduce energy and water consumption by 38%

Ras Al Khaimah Economic Zone (RAKEZ) has contracted with Smart4Power, one of the Middle East’s leading energy efficiency solutions providers, for a retrofit project covering nine buildings, including a district cooling plant. The agreement, which is part of RAKEZ contribution towards the...

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