Friday 18 January 2019
 
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WTI likely to average $69 in 2019: report

WTI is expected to average $63 per barrel (/b) in 2019, said the Global Outlook for H1 2019 by Indosuez Wealth Management, the global wealth management division of Crédit Agricole. UAE “Turning now to the UAE, we have already pointed t

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Dubai's schools, malls top in energy, water use efficiency

Several schools, malls and hotels across Dubai are way ahead in achieving high levels of energy and water use efficiency, and others needed to pace up their sustainability commitment to ensure they are aligned with the development vision of the nation, stated Emirates Green Building Council (Em

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Empower to showcase key solutions at top US event

UAE-based Emirates Central Cooling Systems Corporation (Empower) is set to showcase its major projects and solutions at the upcoming American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) conference in Georgia, US. The world's largest gathering of

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Saudi crude oil reserves up at 268.5bn barrels

Saudi Arabia has announced a rise in its crude oil reserves following an independent audited that was started as part of preparations for the initial public offering of Saudi Aramco.   The Saudi Energy Ministry Khalid Al-Falih said in a statement carried by stat

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SteelFab 2019 attracts top global companies

Local and international companies and brands that are considered leaders in the fields of welding and manufacturing of steel and metal will take part in the upcoming SteelFab 2019, the region’s premier metal working event in Sharjah, UAE. The exhibition will begin on Januar

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Aramco to launch service stations in Saudi Arabia

Saudi Aramco, a global petroleum and natural gas company, plans to launch service stations across Saudi Arabia featuring modern and self-serve fuel pumps with option to pay by credit or debit card as well as a convenience store and restaurant. With the creation of RetailCo, a who

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Canada joins International Renewable Energy Agency

Canada has today (January 9) officially become a member of the International Renewable Energy Agency (Irena). It is the 160th member to join the global intergovernmental organisation dedicated to the widespread adoption of renewable energy. Renewable energy account

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Kizad launches new plastics manufacturing base

Khalifa Industrial Zone Abu Dhabi (Kizad) has launched a new Polymers Park, which is set to be a base for plastics manufacturing in the region. Located in Abu Dhabi, the park is expected to produce 300-400 kilotonnes of plastic products a year and create up to 7,000 new jobs, con

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Bilfinger, Teknokon win contract for Tupras refinery

Bilfinger, a global engineering and industrial services provider and Istanbul-based Teknokon, a multi-disciplinary group, have been awarded a contract by Tupras to render maintenance and repair services for the Tupras' Izmir refinery. The contract award underscores Bilfinger&

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Saudi WEC picks eight global firms for key desal projects

Saudi Arabia's Water & Electricity Company (WEC) has prequalified eight major international engineering groups as supervision consultants for the upcoming desalination projects in the kingdom. These include Finland's Pöyry, Spanish groups Typsa and Ayesa, British

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