Environment & Energy | Thursday 3 May, 2018 2:47 am

Saudi Arabian bourse to ensure Aramco’s weighting in index is not too big

Saudi Arabia’s stock exchange will ensure the weighting of national oil giant Saudi Aramco in its main stock index is not too large when the company lists its shares, the exchange’s chief executive said on Wednesday. “We have technical ways to address this issue,” Khalid...

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Environment & Energy | Monday 30 April, 2018 3:45 pm

Siemens presents the future of power and water in Muscat

At the 4th Oman Energy and Water Conference and Exhibition, organized by the Public Authority for Electricity and Water in partnership with Omanexpo, from April 30 to May 2, Siemens is highlighting today the future of the power and water industry by showcasing comprehensive...

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Environment & Energy | Sunday 29 April, 2018 3:26 pm

Baker Hughes, a GE company sets milestone with 10,000 drill bits manufactured in Saudi Arabia

Baker Hughes, a GE company (BHGE) has set a new milestone in the Kingdom of Saudi Arabia with its Drill Bit Manufacturing Plant in Dhahran producing over 10,000 drills bits since 2011. While about 36 percent of the polycrystalline diamond compact (PDC) drill bits are supplied to Saudi Aramco, the...

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Environment & Energy | Sunday 29 April, 2018 11:07 am

Saudi Arabia gets 1st solar-powered gas station

Saudi Arabia’s first solar-powered gas station has just been opened in the Red Sea city of Jeddah. The inauguration comes on the heels of the Kingdom’s switching on its drive towards solar power, kicked of in February with the Ministry of Energy’s announcement of a solar...

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Environment & Energy | Saturday 28 April, 2018 7:00 am

Saudi youth on mission to clean up Red Sea

The Red Sea offers much for divers to discover — corals, marine life, pearls and more — but they also see the plastic bottles, old furniture and fishing tools that impact marine life and kill coral reefs. Three Saudi youth initiatives have raised awareness of the problem by marking...

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Environment & Energy | Wednesday 25 April, 2018 4:24 pm

Saudi Aramco Co-Hosts ‘Governance in Focus’ Forum with the Pearl Initiative

Saudi Aramco co-hosted the “Governance in Focus” forum with the Pearl Initiative at the King Abdullah Petroleum Studies and Research Center (KAPSARC) in Riyadh, under the patronage of His Excellency Khalid Al-Falih, Minister of Energy, Industry, and Mineral Resources. Addressing an...

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Environment & Energy | Wednesday 25 April, 2018 1:49 am

Game Changing technologies take centre stage at (ME Static)

The oil and gas industry has long recognised the importance of understanding and influencing the role of innovation and technological advancements for static equipment.  As the equipment’s performance is key to increased profitability, experts who gathered at the Middle East Static...

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Environment & Energy | Sunday 22 April, 2018 1:00 pm

Siemens to add 700 MW to Rumaila power plant in Iraq

As Iraq seeks to rebuild its power infrastructure, Siemens is supporting the country with upgrading one of its largest gas-fired power plants. The company has won a contract to add 700 megawatts (MW) to the Rumaila Gas Power Plant, which currently has a power generation capacity of 1500 MW. Siemens ...

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Environment & Energy | Saturday 21 April, 2018 3:30 am

Market to absorb higher oil prices, says Saudi Arabia

THE global market has the capacity to absorb higher oil prices, Minister of Energy, Industry and Mineral Resources Khaled Al-Faleh has said. Faleh’s statement at a meeting of oil producers in Jeddah on Friday came as crude hit the highest level in more than three years. The statement...

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Environment & Energy | Friday 20 April, 2018 1:01 am

Oil price soars to highest level in years

Oil surged Thursday close to three and a half-year peaks on simmering Mideast tensions and keen US demand. World oil prices extended Wednesday’s gains on the back of data showing a drop in US stockpiles — indicating improved demand — and expectations that a Russia-OPEC output...

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