Environment & Energy | Wednesday 26 June, 2019 4:08 pm

Saudi Aramco Advances Global Chemicals Strategy With S-Oil Expansion Project in Ulsan, South Korea

Saudi Aramco is advancing its global chemicals growth strategy with today's inauguration of S-Oil's new Residue Upgrading Complex and Olefin Downstream Comple­x. The new facilities feature the latest refinery technologies, which have raised S-Oil's petrochemical portion from 8%...

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Environment & Energy | Monday 24 June, 2019 2:16 am

The African Energy Forum reviews the Kingdom's vision for renewable energy production around the world

The African Energy Forum, which was held in the Portuguese capital city Lisbon, reviewed the Kingdom’s “2030 Vision” concerning adopting and supporting Solar Energy projects and its goals to lead internationally in producing solar energy. This was in participation with ministers...

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Environment & Energy | Sunday 23 June, 2019 2:43 pm

Zayed Sustainability Prize 2020 submissions up 13 per cent

Following its 11th annual awards ceremony, held in January, the Zayed Sustainability Prize, the UAE's pioneering global award in sustainability, entered a four-month submissions phase for the 2020 awards, which closed on 30th May with a record 2,373 completed submissions; a...

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Environment & Energy | Sunday 23 June, 2019 4:25 am

NCM helps set global priorities at World Meteorological Congress

A National Centre of Meteorology, NCM, delegation has concluded its participation at the 18th World Meteorological Congress in Geneva. The delegation was headed by NCM Executive Director, Dr. Abdulla Al Mandous. Highlights of the Congress included the election of German Professor Dr. Gerhard...

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Environment & Energy | Sunday 16 June, 2019 11:27 am

Retrofitting existing built environments in the UAE is crucial for meeting national and global carbon emission targets

As we move closer to global timelines for eliminating carbon emissions by 2050, the building and construction industry has a central role in aligning themselves with these global mandates as the sector is responsible for almost 40 per cent of the world’s carbon emissions. Building...

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Environment & Energy | Sunday 16 June, 2019 4:47 am

Saudi Arabia seeks oil supply protection

Saudi Arabia called for swift action to secure Gulf energy supplies, after the United States blamed Iran for attacks on two oil tankers in a vital oil shipping route. Saudi Energy Minister Khalid Al-Falih said "there must be a rapid and decisive response to the threat" to energy...

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Environment & Energy | Tuesday 11 June, 2019 6:26 am

Al-Falih: Only Russia undecided on OPEC deal extension

 Saudi Energy Minister Khalid Al-Falih said on Monday Russia was the only oil exporter undecided on extending an output deal between OPEC and its allies until the end of the year. Al-Falih, in Moscow for talks with counterpart Alexander Novak, said there was disagreement in Russia over...

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Environment & Energy | Tuesday 11 June, 2019 5:52 am

ENOC announces retail expansion in line with Saudi Vision 2030

ENOC Group, a wholly-owned entity of Dubai government, has announced ambitious expansion plans for its retail operations in the Kingdom of Saudi Arabia. The Group’s retail arm will increase its service station network by more than eight fold by 2030 to reach 124 stations to meet the...

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Environment & Energy | Monday 10 June, 2019 3:08 pm

ENOC Group secures US$690 million term loan from a consortium of Chinese banks

 ENOC Group has secured a five-year US$690 million term loan from a Chinese consortium of banks as China’s biggest financial institutions endorse the Group’s operational and financial health.   The term loan will finance general corporate purposes as ENOC continues to...

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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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