Saudi Arabia focuses on the mining sector as a strategic option to realize the Vision 2030 goals by diversifying the national economic base, Bandar Alkhorayef, Minister of Industry and Mineral Resources, said during a panel discussion at the Egypt Mining Forum 2023. Source : Argaam...
ACWA Power signed, on July 17, a memorandum of understanding (MoU) with Egypt's New and Renewable Energy Authority (NREA) to allocate land for a 10 gigawatts (GW) wind project in Egypt. The MoU allocates approximately 3,000 square kilometers of land west of Sohag, an urban center, for the...
Global non-profit organization, Alliance to End Plastic Waste (Alliance), and early-stage startup accelerator, Plug and Play, announced today the exciting expansion of their 8th End Plastic Waste Innovation Platform partnership with a new hub in Riyadh for the Middle East region. The Alliance...
The National Water Company (NWC), represented by its Northern Cluster, completed the implementation of a water project in Qassim Region. This project aims to enhance the supply of water to the city of Buraidah, at a total cost of 105 million Saudi Riyals, in order to increase the coverage...
The Organisation for Economic Co-operation and Development's (OECD) commercial oil stocks rose by 20.2 million barrels month-on-month (MoM) in May 2023 to 2,815 million barrels, which is 139 million barrels high from a year-earlier, OPEC said in its monthly report. However, it is 101...
OPEC raised its forecast for global oil demand growth for 2023, projecting only a slight slowdown next year, with China and India continuing to drive increased fuel use. In its monthly report issued today, July 13, the group expected global oil demand to rise by 2.44 million barrels per day...
Schneider Electric, the leader in the digital transformation of energy management and automation, together with the International Trade Centre (ITC), a United Nations (UN) agency, and the French NGO Atelier 21, launched a new online training module about the energy transition. Titled “Become a...
Today, the Advanced Technology Research Council (ATRC), the overarching entity mandated to shape Abu Dhabi’s technology R&D ecosystem, along with its subsidiaries ASPIRE and the Technology Innovation Institute (TII), has joined forces with the Abu Dhabi Department of Energy (DoE) to launch...
ENOC Group, a leading integrated global energy player, and QatarEnergy, an integrated energy company today announced a 10-year sale agreement stipulating the supply of up to 120 million barrels of condensates to ENOC Group starting from July 2023. The agreement was signed by QatarEnergy, ...
Dubai has consistently been rated as one of the ‘world’s best cities to drive’ with exceptional ratings in measures like traffic congestion and road and public transport quality. Now, the city is set to add a compelling eco-friendly dimension to its world-leading driving experience with an...