Environment & Energy | Saturday 8 June, 2019 6:16 pm

Oil rises as KSA signals OPEC deal extension

Oil prices rose on Friday, climbing further from five-month lows hit this week amid signs that OPEC and other producers could extend their output reduction deal. Brent crude futures were up 60 cents at $62.27 a barrel in afternoon trading. US West Texas Intermediate (WTI) crude futures gained 59...

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Environment & Energy | Saturday 8 June, 2019 12:16 pm

RCU teams up with Panthera Partner for leopard conservation

Prince Badr Bin Abdullah Bin Farhan, the Minister of Culture and Governor of the Royal Commission for Al-Ula (RCU), has signed an agreement with Dr. Thomas Kaplan, the chairman of Panthera, the global wild cat conservation organization, to support important regional and international conservation...

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Environment & Energy | Friday 7 June, 2019 3:07 am

Saudi minister: Culture and technology build bridges between peoples

Art and technology can build economic bridges between peoples and countries, Saudi Energy Minister Khalid Al-Falih said on Thursday as works by two Saudi artists went on show at Russia’s leading art museum. “To create the opportunities to build economic bridges, you also need to...

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Environment & Energy | Wednesday 5 June, 2019 2:21 pm

Saudi Arabia will do what is needed to sustain oil market stability: Al-Falih

Saudi Energy Minister Khalid Al-Falih said on Monday that the Kingdom is closely monitoring developments in the oil market, which saw a high level of volatility in recent weeks. Al-Falih says effectiveness of OPEC+ efforts has been well proven over the course of almost 30 months. He added...

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Environment & Energy | Tuesday 4 June, 2019 4:08 am

Saudi oil minister sees growing producer consensus to stabilize market

The Saudi oil minister, Khalid Al-Falih, claimed there was an emerging consensus among OPEC+ oil producers over a need to ensure market stability, in an exclusive interview with Arab News. The disclosure comes ahead of a key meeting of oil producers later this month which is set to deter- mine...

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Environment & Energy | Saturday 1 June, 2019 7:15 pm

Happily Ever After Begins at The St. Regis Abu Dhabi

The St. Regis Abu Dhabi takes new beginnings to gleaming heights with a palatial Arabian setting that will make every wedding a celebration to remember. Step through the doors of Abu Dhabi’s most opulent landmark address and be welcomed by an oasis where magnificent high ceilings...

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Environment & Energy | Sunday 26 May, 2019 6:32 pm

A first for the region: the EmiratesGBC MENA Green Building Awards 2019 will recognise a Zero Building or a Zero Building Design

Emirates Green Building Council (EmiratesGBC), an independent forum aimed at conserving the environment by strengthening and promoting green building practices, has launched submissions for its MENA Green Building Awards 2019. The Council also revealed an additional category for Zero Building or...

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Environment & Energy | Saturday 25 May, 2019 3:54 am

Saudi Arabia’s King Abdullah Petroleum Studies and Research Center launches “Kingdom of Energy” podcast

The King Abdullah Petroleum Studies and Research Center (KAPSARC) has inaugurated a podcast program, titled “Kingdom of Energy”, through which specialized researchers can talk about energy economics, policies, techniques and related environmental issues. The podcast is an opportunity ...

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Environment & Energy | Tuesday 21 May, 2019 2:49 am

GCC countries work to ensure good oil supply

Kuwait’s deputy foreign minister said countries in the Gulf have strengthened coordination to provide oil to global markets amid increased regional tensions. “It is normal amid this escalation that Kuwait and the Gulf Cooperation Council (GCC) countries take these steps,” Khalid...

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Environment & Energy | Monday 20 May, 2019 3:58 am

Saudi energy minister recommends driving down oil inventories, says supply plentiful

Saudi Arabia’s Energy Minister Khalid Al-Falih said on Sunday he recommended “gently” driving oil inventories down at a time of plentiful global supplies and that OPEC would not make hasty decisions about output ahead of a June meeting. “Overall, the market is in a delicate ...

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