Environment & Energy | Thursday 16 April, 2020 12:32 am

Saudi Aramco Has Not Made Any Offers of Extended Payment Terms to Crude Oil Sales

Saudi Aramco Company has denied some media reports with regard to payment terms to crude oil sales.In a statement issued, the company stated that "Contrary to a recent media report, Aramco has not made any offers of extended payment terms to crude oil sales." ...

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Environment & Energy | Wednesday 15 April, 2020 4:34 am

World’s Most Efficient Power Plant is Synced to the Grid and Operating at Full Load, Ahead of Schedule

Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has begun commissioning of T-Point 2, its new gas turbine combined cycle (GTCC) power plant testing facility at Takasago Works in Hyogo Prefecture, Japan. Replacing the iconic T-Point, the facility will accelerate MHPS’ industry-leading R&D...

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Environment & Energy | Tuesday 14 April, 2020 2:48 pm

Empower advances technologies in plant operations, remote working and customer services.

Un-manned self-operating plants and Command Control Centre   AI for analyzing millions of data and the operation of the Thermal Energy Storage (TES) tanks   Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services...

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Environment & Energy | Tuesday 14 April, 2020 12:01 pm

Apicorp 2019 Financial Results Demonstrate Strong Growth Momentum With Net Income Of Usd 112 Million

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, today disclosed its financial results for the year ended 2019. Building on record performance in 2018, APICORP posted strong results including a 17% Y-O-Y increase in net recurring income to...

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Environment & Energy | Sunday 12 April, 2020 2:42 am

G20 Extraordinary Energy Ministers Meeting Statement

Energy ministers of the G-20 issued a statement at the end of the extraordinary meeting held yesterday. The final statement says: We, the G20 Energy Ministers, are profoundly saddened by the human tragedy caused by the COVID-19 pandemic. We convene today against this backdrop of a crisis that, in...

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Environment & Energy | Saturday 11 April, 2020 12:05 pm

Saudi Arabia cuts fuel prices

Saudi Aramco has announced a reduction in fuel prices in the Kingdom starting Saturday (Apr. 11), Saudi Press Agency (SPA) reported. Gasoline 91 will be priced at SR1.31 per liter from SR1.55 per liter in the previous month, while gasoline 95 will be priced at SR1.47 per liter from...

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Environment & Energy | Friday 10 April, 2020 11:24 am

The 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting concludes

The 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting was held via webinar, on Thursday, 09 April 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and co-Chair HE Alexander Novak, Minister of Energy of the Russian Federation. The...

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Environment & Energy | Wednesday 8 April, 2020 1:05 pm

Empower confirms its readiness to meet the summer demand

Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, announced the successful completion of all required preparations at its district cooling plants across Dubai, to cater to the increasing demand of summer season with most sustainable...

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Environment & Energy | Wednesday 8 April, 2020 12:33 am

Ministry of Environment, Water and Agriculture: 27,827 livestock from Romania, Ethiopia and Djibouti arrive in Kingdom

The Ministry of Environment, Water and Agriculture announced the arrival of 3 consignments of sheep, cows and camels from Djibouti, Ethiopia and Romania to the Kingdom. The consignments included 27,827 livestock. They arrived during the days of 12-13 / 8/1441 AH. These consignments are part of the ...

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Environment & Energy | Sunday 5 April, 2020 4:52 pm

ENOC Link dedicates fueling vehicles to support nation-wide disinfection drive

ENOC Link, The Group’s fuel delivery digital venture, extended its support to Dubai Municipality’s national disinfection drive to curb the COVID-19 outbreak by dedicating mobile fueling trucks to provide free petrol and diesel fuel to all the vehicles and equipment used in the campaign...

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