Environment & Energy | Monday 22 April, 2019 3:28 am

Aramco to buy Shell’s 50% stake in Saudi refining joint venture for $631m

Saudi Aramco will acquire Royal Dutch Shell’s 50 percent stake in their Saudi refining joint venture SASREF for $631 million, the two companies said on Sunday. The purchase, which is part of Aramco’s strategy to expand its downstream operations, will be completed later this year,...

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Environment & Energy | Sunday 21 April, 2019 2:38 am

Dubai Municipality announces investment opportunities for major parks in the emirate

Dubai Municipality has announced several investment opportunities in the emirate's public parks, such as the event spaces, and the allocation of different areas for restaurants and small shops, within the investment map of each park managed by the Municipality.   Dawoud Al Hajri,...

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Environment & Energy | Sunday 21 April, 2019 2:28 am

Oil market ‘well balanced’ in 2019, says Saudi adviser

Ibrahim Al-Muhanna, an adviser to the Saudi energy minister, said on Friday he expected the oil market to be “well balanced” this year. “This year, we have seen the implementation of the OPEC Plus decision. It is possible to extend the cut until the end of the year depending on...

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Environment & Energy | Thursday 18 April, 2019 11:07 am

EmiratesGBC receives government and industry-wide support in the lead up to its 8th Annual Congress

Emirates Green Building Council (EmiratesGBC), an independent forum aimed at conserving the environment by strengthening and promoting green building practices, has gained industry-wide and governmental support for its upcoming 8thAnnual EmiratesGBC Congress.     The Congress...

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Environment & Energy | Wednesday 17 April, 2019 1:19 pm

Tadweer Opens Region’s First Battery Solar System at Al Dhafra Landfill

Abu Dhabi Waste Management Center (Tadweer) today opened the first battery solar system in the region at its Al Dhafra Landfill.  A solar-plus-storage plant is an energy storage system charged by a connected solar power plant. The facility at Al Dhafra Landfill has minimal...

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Environment & Energy | Wednesday 17 April, 2019 11:00 am

Dubai Municipality completes second phase of Jebel Ali Sewage Treatment Plant

Dubai Municipality has completed the second phase of the expansion of Jebel Ali Sewage Treatment Plant at a cost of AED 1.3 billion and a capacity of 375,000 cubic meters of water for this stage thus taking the combined capacity of Warsan and Jebel Ali plants to about 1 million cubic meterswith the ...

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Environment & Energy | Wednesday 17 April, 2019 3:30 am

Suqia Announces Details of 2nd Mohammed Bin Rashid Al Maktoum Global Water Award, With Prizes Totalling Usd1 Million

HE Saeed Mohammed Al Tayer, Chairman of the Board of Trustees of the UAE Water Aid Foundation (Suqia), announced details of the 2nd Mohammed bin Rashid Al Maktoum Global Water Award, launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of...

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Environment & Energy | Tuesday 16 April, 2019 3:44 am

Aramco buys $1.25bn stake in South Korean refiner

Saudi Aramco and Hyundai Heavy Industries Holdings on Monday announced that they have reached an agreement for Saudi Aramco’s subsidiary, Aramco Overseas Company B.V (AOC), to purchase a 17% stake in South Korea's Hyundai Oilbank, a subsidiary of Hyundai Heavy Industries Holdings. The...

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Environment & Energy | Sunday 14 April, 2019 3:14 am

Aramco announces review of gas prices for Second Quarter of 2019

Saudi Aramco announced that the prices of gasoline updated from April 14, 2019 will be as follows: (Benzene 91: SAR 1.44 per liter) and Benzene 95: SAR 2.10 per liter) during the current quarter of April - June 2019. The prices of the previous quarter during the months of January - March 2019 ...

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Environment & Energy | Saturday 13 April, 2019 4:18 am

UAE participates in 161st FAO Council Session in Rome

Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, headed the UAE delegation to the 161st Session of the Food and Agriculture Organisation (FAO) Council that is currently underway at FAO’s headquarters in Rome. During the session, which runs from April 8 to 12, the ...

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