Environment & Energy | Sunday 15 April, 2018 12:43 pm

Decoding Blockchain for Oil and Gas in Saudi Arabia 

With innovations that could slash production costs by five percent or more, innovator Nick Spanos declares that the “future has arrived for Saudi Arabia’s energy market”   As the potential uses for blockchain technology reach every sector imaginable, it is set to have...

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Environment & Energy | Wednesday 11 April, 2018 2:37 pm

RetrofitTech Dubai Summit reveals ambitious new energy efficiency targets set in Dubai

More than 1 million Tons of Carbon Dioxide will be abated by 2030 and 1.7 TWh of electricity will be saved by the same year in Dubai - according to the new targets revealed by Dubai’s Etihad Energy Services Company, Etihad ESCO, at the 4th annual RetrofitTech Dubai Summit & Awards which...

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Environment & Energy | Wednesday 11 April, 2018 8:11 am

Abu Dhabi Launches Six Historic Oil and Gas Licensing Opportunities

The Abu Dhabi National Oil Company (ADNOC) announced as part of Abu Dhabi’s first ever block licensing strategy and on behalf of the Supreme Petroleum Council (SPC), the details of the initial round of six geographical oil and gas blocks open for bidding. This follows the announcement...

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Environment & Energy | Wednesday 11 April, 2018 4:21 am

Aramco, Total sign MoU to build petrochemical complex in Jubail

During the official visit to Paris by Saudi Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, Saudi Aramco and Total signed a memorandum of understanding to build a giant petrochemical complex in Jubail, Saudi Arabia. The complex will be integrated downstream of the...

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Environment & Energy | Tuesday 10 April, 2018 6:30 am

Saudi Aramco to sign $10 bln of deals in France

Saudi Aramco will sign eight deals worth $10 billion with French firms on Tuesday, the chief executive of the state-run oil giant said on Monday — the main contracts expected to be sealed during Crown Prince Mohammed bin Salman’s visit to France. The crown prince, who is behind...

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Environment & Energy | Monday 9 April, 2018 10:35 am

GE Renewable Energy to develop with Mass Energy Group its first wind farm project in Jordan

GE Renewable Energy (NYSE: GE) today announced that it will provide its latest generation of 3.6-137m wind turbines to Mass Energy Group Holding, a subsidiary of Mass Global, to develop a 100 MW Mass Wind project in the country.  This clean energy project will meet the power requirements of...

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Environment & Energy | Thursday 5 April, 2018 2:50 am

SABIC-MCC joint venture starts output

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations. Abdulrahman Al-Fageeh, SABIC Executive Vice President, Petrochemicals, said “our...

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Environment & Energy | Sunday 1 April, 2018 3:32 am

‘Excellence Award’ in water sector launched in Saudi Arabia

The first water exhibition held recently at the InterContinental Hotel in Riyadh concluded with a number of researches and recommendations presented during the workshops which were attended by a number of academics, specialists and researchers in the water sector related to the latest techniques in ...

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Environment & Energy | Saturday 31 March, 2018 3:00 am

Saudi Arabia to become major solar power exporter under new plan

Saudi Arabia has unveiled plans to transform its solar power production, in line with the Vision 2030 strategy to diversify the country’s economy and end its reliance on oil. Under the Solar Power Project Plan 2030, the Kingdom expects to produce 200 gigawatts of the solar power by 2030,...

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Environment & Energy | Friday 30 March, 2018 5:35 am

California looks to Saudi Arabia for desalination expertise

As water shortages become a reality across the globe, authorities in drought-prone areas are looking to Saudi Arabia’s desalination industry for inspiration. The Kingdom produces more desalinated water than any other nation, with 27 plants transforming sea brine into five million cubic...

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