Environment & Energy | Wednesday 21 March, 2018 6:37 am

Schneider Electric Innovation Summit Reveals New Products and Solutions for Buildings of the Future

Schneider Electric, a global specialist in energy management, hosted the Innovation Summit – Buildings of the Future, the event includes important new product launches, focused sessions, panel discussions, and an exhibition area.   “We were very pleased with the...

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Environment & Energy | Tuesday 20 March, 2018 6:35 am

Aramco’s commitment to further elevate role of women in the Kingdom’s transformation reiterated

Saudi Aramco participated as a lead sponsor in the Women in Leadership Economic forum titled “Let’s Talk About Tomorrow,” taking place on Monday and Tuesday in Riyadh. At the forum’s opening session, Yaser Mufti, Saudi Aramco vice president of strategy and market...

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Environment & Energy | Monday 19 March, 2018 3:33 pm

ADNOC Signs Major Offshore Concession Agreements with Total as it Embarks on Giant Gas Cap Development

Total contributes AED 5.3 billion participation fees for stakes in Umm Shaif and Nasr, and Lower Zakum concessions     Oil and gas major will play a critical role in supporting the development of Umm Shaif's giant gas cap, as ADNOC drives...

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Environment & Energy | Wednesday 14 March, 2018 6:50 am

Saudi government has approved its national nuclear policy

The Saudi government has approved its national nuclear program policy as tabled by Khalid Al-Falih, energy minister and chairman of the King Abdullah City for Atomic and Renewable Energy. The government reviewed the policy in its session on Monday and published new guidelines to ensure that...

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Environment & Energy | Wednesday 14 March, 2018 2:41 am

The Arab Petroleum Investments Corporation (APICORP) issues debut CNH 630 million 3-Year Dim Sum Bond

Arab Petroleum Investments Corporation (APICORP), rated Aa3/Stable by Moody’s, priced its inaugural benchmark-sized Dim Sum bond in the offshore Renminbi market on 2nd March, 2018. The 630 million Chinese Renminbi (approximately USD 100mn equivalent) 3-year fixed rate bond matures on March...

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Environment & Energy | Monday 12 March, 2018 2:21 pm

Sharjah Girl Guides Launches ‘Pick and Grow’ Initiative to Enhance Environmental Sustainability

Coinciding with the 38th UAE Afforestation Week, Sharjah Girl Guides (SGG) organised the ‘Pick and Grow’ initiative in collaboration with Sharjah Municipality, with the aim of fostering a culture of environmental conservation and highlighting the importance of increasing green spaces to ...

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Environment & Energy | Friday 9 March, 2018 6:34 am

Saudi Aramco and SABIC jointly launch plan to convert crude oil into chemicals, assign WOOD for its management

In a significant new step towards the successful implementation of Saudi Aramco and SABIC’s fully integrated, strategic crude oil-to-chemicals (COTC) complex in the Kingdom, the partners today awarded Wood, a leading, global British-owned provider of project management and professional and...

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Environment & Energy | Friday 9 March, 2018 4:37 am

Sabic chief sees Brexit as start of new era for UK-KSA trade

Saudi Arabia will firmly support the UK as it embarks on Brexit, the chief of chemicals giant Sabic said on Thursday. Speaking at a gathering of CEO’s from both countries in London, Sabic CEO Yousef Al-Benyan said: “The UK is going through a journey with Brexit. As a Kingdom that...

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Environment & Energy | Wednesday 7 March, 2018 6:37 am

London’s best argument for staging Aramco IPO: It is not New York

London has some very definite advantages in the contest to stage any global element of the forthcoming initial public offering of Saudi Aramco, but whether Saudi Arabian policymakers will be convinced that the UK capital is the place for the flagship share sale — potentially the biggest IPO...

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Environment & Energy | Saturday 3 March, 2018 12:07 pm

Quarter of Saudi Arabia’s energy use goes on road transport, figures reveal

Soaring fuel consumption on Saudi Arabia’s roads has alarmed the Kingdom’s Program for Energy Efficiency, which blames poor performing cars for the problem. Cars in the Kingdom average 13 kilometers per liter compared with 14 in the US, 15.2 in China and 20 in Europe, according to...

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