Environment & Energy | Monday 7 September, 2015 2:53 pm

Makkah strategic water storage project to operate by Q2 of 2016

NWC said it is continuing to work on the installation of strategic water storage projects in Makkah. The capacity of the initial part of the project’s first phase will be 560,000 cubic meters and worth SAR 170 million. This phase is expected to be completed in the second quarter of 2016. The...

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Environment & Energy | Monday 7 September, 2015 1:25 am

Riyadh to install more LED streetlights

The Riyadh municipality has intensified its efforts to rationalize energy consumption in street lighting by increasing reliance on energy-saving (LED) systems and expanding the use of solar energy. This comes as part of the governorate's plans to decrease the consumption of the electric power...

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Environment & Energy | Sunday 6 September, 2015 4:09 am

Phase 2 of Makkah strategic water storage project to undergo test run in 2016

NWC is working on finishing the SAR 260,000 second phase of its strategic water storage project in Makkah that has a capacity of 760,000 cubic meters. The project comprises four cylindrical tanks that are each 20 meters high, 110 meters in diameter and has a capacity of 190,000 cubic meters. The...

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Environment & Energy | Thursday 3 September, 2015 12:40 pm

SABIC cuts steel prices by SR 200 in all the regions of the Kingdom

The Saudi Basic Industries Corporation (SABIC) announces the reduction in the retail price of rebar by SR 200 per ton in all regions of the Kingdom, effective Tuesday, September 1, 2015. Abdulaziz Sulaiman Al-Humaid, SABIC Executive Vice President, Metals Strategic Business Unit, said that the...

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Environment & Energy | Thursday 3 September, 2015 5:56 am

Sadara and Juffali Sign Multi-Year “BTG” Supply Agreement Following Successful “MDI” Agreement

Sadara Chemical Company and E. A. Juffali & Brothers, a privately-owned Saudi company, have signed a second supply agreement, this time for Butyl Tri-Glycol ether (BTG), following the successful execution of an MDI supply agreement in July 2015. With this new agreement, Sadara will supply BTG...

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Environment & Energy | Tuesday 1 September, 2015 5:53 am

NWC: The 3rd stage of strategic storage shall add one million m3 of water to Jeddah

NWC stated that it is racing time and exerting huge efforts to finish the 3rd phase of strategic storage project in Faisalyah, Jeddah. The Company is installing 4 calendric iron tanks with storage capacity of one million m3, worth SAR 452 million. NWC noted that these tanks should inter into...

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Environment & Energy | Monday 31 August, 2015 5:37 am

KACARE Delegation Visits Masdar City

 Masdar officials hosted a delegation from the Kingdom of Saudi Arabia’s King Abdullah City for Atomic and Renewable Energy (KACARE) at Masdar City and provided a guided tour of the world’s most sustainable urban development. The KACARE delegation began its two-day visit to Masdar...

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Environment & Energy | Sunday 30 August, 2015 5:57 am

SR795m daily loss if oil use not checked

 A group of economic experts has warned that the Kingdom stands to lose SR795 million per day by using oil to generate electricity and for water desalination, and called for tapping renewable and alternative energy resources. According to statistics, the Kingdom’s current oil...

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Environment & Energy | Sunday 30 August, 2015 5:53 am

NWC makes early arrangements for Hajj and provides electronic services for pilgrims

NWC held a workshop for discussing the activities of Executive Hajj Committee in Makkah and Masha’er for serving pilgrims of Hajj season 1436h. The workshop was attended by CEO, executive management and Company Hajj team. During this workshop, NWC reviewed its readiness plan for managing...

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Environment & Energy | Saturday 29 August, 2015 2:56 am

Oman Tank Terminal Company (OTTCO) Launches Floating Storage Facility in Oman

Oman Tank Terminal Company L.L.C. (OTTCO), a subsidiary of Oman Oil Company (OOC), today announced the launch of a new floating storage facility, with a 2.1 million barrel capacity at Mina Al Fahal, for global customers of Oman Export Blend. Three customers – China Oil,...

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