Friday, July 20, 2018
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Eye of Riyadh

Saudi Arabia assures on supply as oil hits $80 a barrel
Environment & Energy | Saturday 19 May, 2018 4:36 am
SAUDI ARABIA said on Friday it is consulting other oil producers in and outside OPEC to ensure the world has adequate supplies to support economic growth after prices hit $80 a barrel for the first time since 2014. Energy Minister Khalid Al-Falih said in a Twitter post that he had called his...
Saudi, UAE energy ministers discuss global oil market
Environment & Energy | Friday 18 May, 2018 4:13 am
Saudi Arabia’s Energy Minister Khalid Al-Falih had a telephone conversation on Thursday with the UAE’s Energy Minister Suhail Al-Mazrouei, during which they discussed recent developments in the global oil market. The two ministers voiced concerns about recent market volatility,...
Rosatom MENA and Sumou Holding Company sign Memorandum of Understanding (KSA)
Environment & Energy | Thursday 17 May, 2018 12:28 pm
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...
Strengthening the Kingdom’s Industrial Base: Saudi Cement and GE Power Sign Deal to Increase Power Output and Efficiency
Environment & Energy | Tuesday 15 May, 2018 3:30 pm
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...
ADNOC and OCP Broaden Their Partnership and Intend to Develop a Global World-Class Fertilizers Joint Venture
Environment & Energy | Tuesday 15 May, 2018 11:31 am
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...
ADNOC Announces US $45 Billion Investment Plan to Become Leading Global Downstream Player
Environment & Energy | Monday 14 May, 2018 12:11 pm
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...
Sipchem Organizes Technical Exchange Workshop
Environment & Energy | Sunday 13 May, 2018 3:01 pm
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...
Al-Falih: We will work with major producers to offset oil supply shortage
Environment & Energy | Thursday 10 May, 2018 1:06 am
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...
GPCA picks winners of 2nd Responsible Care Awards
Environment & Energy | Wednesday 9 May, 2018 3:38 am
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...
ENOC honours employees' competence, commitment, achievements at awards ceremony
Environment & Energy | Tuesday 8 May, 2018 12:37 pm
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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