Environment & Energy | Saturday 17 September, 2016 2:15 pm

Oil prices fall to multi-week lows on oversupply jitters

Crude oil prices fell more than 1 percent on Friday to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while gasoline rallied on refinery and pipeline outages. Falling US equity prices and a rising dollar also weighed on crude futures and other industrial commodities ...

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Environment & Energy | Friday 16 September, 2016 5:10 pm

Slovenia 1st country in the world with a sustainability rating

 In 2015, the Slovenian Tourist Board developed the Green Scheme of Slovenian Tourism, a special program used to assess the sustainable operations of Slovenian destinations and operators according to international criteria. The first winner of the Slovenia Green quality label was Ljubljana,...

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Environment & Energy | Friday 16 September, 2016 5:07 pm

Oil jumps 2% as Libya set to resume exports from some ports

Oil prices rose about 2 percent on Thursday, ending a two-day slide as prices tracked a surge in gasoline futures and higher US equity markets. Prices remained lower for the week so far. Over the previous two sessions, oil fell 6 percent, pressured by data showing large weekly builds in US...

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Environment & Energy | Friday 16 September, 2016 5:03 pm

Al-Fadli meets Romanian counterpart in Bucharest

Abdul Rahman Al-Fadli, Minister of Environment and Water, held a meeting with his Romanian counterpart on Friday to boost cooperation between the two countries. Al-Fadli, who is on a four day visit to the country, met Romanian Minister of Agriculture and Rural Development Achim Irimescu in...

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Environment & Energy | Wednesday 14 September, 2016 2:15 pm

​​A Brand New Invention Turns Beach Umbrellas into Mobile Phone Chargers

CGN energy, a prestigious Greek firm providing environmentally-friendly energy solutions, is coming to Dubai with their brand new invention which turns umbrellas at the hotels and resorts’ beaches to mobile phone chargers to be used around the clock. CGN has pitched this offer to...

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Environment & Energy | Wednesday 14 September, 2016 1:00 pm

IEA: Saudi Arabia ousts US as biggest oil producer

Oil prices fell as much as 3 percent on Tuesday after both the world's consumers and producers revised forecasts that signaled the global crude glut persisting for much longer than previously expected. The International Energy Agency (IEA), which advises oil-consuming countries on their...

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Environment & Energy | Tuesday 13 September, 2016 11:57 am

Britain is set to miss 2020 renewable energy target

 Britain is set to miss its 2020 European renewable energy targets, a parliamentary committee report said on Friday, setting a poor example for less wealthy countries as the world tries to rein in global warming. Britain has a target to meet 15 percent of its energy needs from renewable...

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Environment & Energy | Sunday 11 September, 2016 10:45 am

Electricity production ‘to cost Kingdom 3.2 million barrels of oil per day’

A new study about the future of energy in Saudi Arabia is calling for taking advantage of the Kingdom’s capabilities in the field of alternative and renewable energy so as to ensure the continuity and security of energy supplies over the long term, according to a report published in a...

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Environment & Energy | Thursday 8 September, 2016 4:03 am

Bee’ah opens up registration for and Sharjah Environment Awareness Awards and Inter-school Recycling Competition 2017

Bee’ah, the Middle East’s integrated environmental and waste management company, has once again invited schools to register to participate in its two annually-held competitions: The 7th Sharjah Environment Awareness Award (SEAA); and the 4th Inter-School Recycling Competition...

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Environment & Energy | Tuesday 6 September, 2016 10:43 am

Oil rallies on Saudi-Russia pledge to steady prices

Oil prices rallied on Monday by up to five percent after Saudi Arabia and Russia vowed to stabilize the market. Energy, Industry and Mineral Resources Minister Khalid Al-Falih and his Russian counterpart Alexander Novak declared they had agreed to “act together” to steady the market,...

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