Environment & Energy | Thursday 17 May, 2018 12:28 pm

Rosatom MENA and Sumou Holding Company sign Memorandum of Understanding (KSA)

On May 15, 2018 in Sochi, within the framework of the X International Forum “ATOMEXPO 2018”, Rosatom MENA, the regional center of the State Atomic Energy Corporation Rosatom in the Middle East and North Africa, and the Saudi-based Sumou Holding Company, one of the world’s...

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Environment & Energy | Tuesday 15 May, 2018 3:30 pm

Strengthening the Kingdom’s Industrial Base: Saudi Cement and GE Power Sign Deal to Increase Power Output and Efficiency

Saudi Cement has signed an agreement with GE Power (NYSE: GE) for the upgrade of three GE 6B gas turbines at its Hofuf plant to increase power output and efficiency. The deal represents the first time that GE Power’s Advanced Gas Path (AGP) solution will be implemented to strengthen power...

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Environment & Energy | Tuesday 15 May, 2018 11:31 am

ADNOC and OCP Broaden Their Partnership and Intend to Develop a Global World-Class Fertilizers Joint Venture

The Abu Dhabi National Oil Company (ADNOC)and OCP Group of Morocco (OCP) have agreed to explore the phased creation of a new global fertilizers joint venture, in a move that will accelerate the execution of both ADNOC and OCP’s international...

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Environment & Energy | Monday 14 May, 2018 12:11 pm

ADNOC Announces US $45 Billion Investment Plan to Become Leading Global Downstream Player

The Abu Dhabi National Oil Company (ADNOC)today unveiled plans to invest US $45 billion alongside partners, over the next five years, to become a leading global downstream player. The plans were unveiled at the ADNOC Downstream Investment Forum, which took place today in Abu Dhabi, UAE. The...

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Environment & Energy | Sunday 13 May, 2018 3:01 pm

Sipchem Organizes Technical Exchange Workshop

Saudi International Petrochemical Company “Sipchem” organized the Dhahran Techno Valley (DTV) Partners Technical Exchange Workshop at the Sipchem Technology and Innovation Centre “Manar” in Dhahran.    This workshop aims to exchange information on the...

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Environment & Energy | Thursday 10 May, 2018 1:06 am

Al-Falih: We will work with major producers to offset oil supply shortage

Saudi Arabia’s Energy Minister Khalid Al-Falih said on Wednesday the Kingdom will work closely with major OPEC and non-OPEC producers as well as key oil consumers to lessen the impact of any supply shortages after US withdrawal from the Iran nuclear deal. “Following the US withdrawal...

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Environment & Energy | Wednesday 9 May, 2018 3:38 am

GPCA picks winners of 2nd Responsible Care Awards

The Gulf Petrochemicals and Chemicals Association (GPCA) has announced the winners of the 2nd GPCA Responsible Care Awards, which took place in a star-studded ceremony on the evening of May 7, 2018 at the InterContinental, Dubai – Festival City, UAE. The awards enjoyed a record number of...

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Environment & Energy | Tuesday 8 May, 2018 12:37 pm

ENOC honours employees' competence, commitment, achievements at awards ceremony

Employees of the ENOC Group were recently recognised at the Group’s annual award ceremony for their distinguished performance, initiative and commitment. Employees were also recognised for championing the Group’s core values and for accomplishments that have received accolade from...

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Environment & Energy | Monday 7 May, 2018 11:30 am

Dubai Adds 200MW Solar Energy, Increasing Clean Energy Share To 4% of Installed Capacity

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated the 200 megawatt (MW) first stage of the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park. Dubai Electricity & Water Authority (DEWA) is implementing the...

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Environment & Energy | Sunday 6 May, 2018 3:48 am

Saudi Aramco awards 16 local firm deals worth $7 billion

Saudi Aramco said on Saturday it awarded 16 local companies deals worth more than 26 billion riyals ($6.93 billion) as part of a drive to expand the kingdom’s industrial base and manufacture a bigger share of products domestically.   The 10-year purchase agreements, signed on May...

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