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Eye of Riyadh

Saudi Arabia raises oil output amid fears of supply crunc
Environment & Energy | Thursday 14 June, 2018 5:44 am
Saudi Arabia posted the biggest month-on-month increase in oil supply of any OPEC country in May, according to the latest report from the International Energy Agency (IEA). The Kingdom’s production was up 100,000 barrels per day (bpd) to 10.02 million barrels. Domestically, more crude was...
Sipchem Releases Its 2nd Sustainability Report In Line With (GRI) Standards
Environment & Energy | Sunday 10 June, 2018 4:55 pm
SAUDI INTERNATIONAL PETROCHEMICAL COMPANY (SIPCHEM)announces that it has issued its second Sustainability Reportwhich highlights Sipchem's sustainability performance in 2016 and 2017 and covers Sipchem’s initiatives in the environmental, social and economic areas. Sustainability...
UAE Firm’s state-of-the-art green manufacturing filmed
Environment & Energy | Saturday 9 June, 2018 3:35 am
NATIONAL Geographic Abu Dhabi (NGAD) in partnership with Abu Dhabi media announced the launch of its latest film “Made in the UAE” which highlights the rise of the UAE’s industrial economy through spotlighting global leaders such as Unilever’s local manufacturing production...
GCC must make the right decisions to harness the potential of renewable energy
Environment & Energy | Wednesday 6 June, 2018 3:34 pm
The Gulf Cooperation Council (GCC) states show great promise for renewable energy deployment, according to a recent study by management consultancy Strategy& Middle East (formerly Booz & Company), part of the PwC network. To unlock this potential, GCC governments must develop a carefully...
Ford Launches 2018 Edition of Conservation and Environmental Grants
Environment & Energy | Wednesday 6 June, 2018 7:28 am
Coinciding with World Environment Day on June 5, Ford Motor Company today launched the 17thedition of its Conservation and Environmental Grants programme, with $105,000 made available to successful entries from around the Middle East and North Africa region.  World Environment Day is the...
Nestlé Waters Collaborating with Neutral Fuels on Introducing Biofuel Blend to its Dubai Trucks Distribution Fleet
Environment & Energy | Tuesday 5 June, 2018 1:40 pm
In line with Nestlé’s commitment to reduce Greenhouse Gas emissions from its distribution operations by 10% between 2014 and 2020, Nestlé Waters began in May collaborating with Neutral Fuels on introducing to its Dubai truck fleet a blend of 80% fossil diesel and 20% biodiesel,...
Arab oil ministers stress need for continued OPEC, non-OPEC cooperation
Environment & Energy | Monday 4 June, 2018 2:32 am
OPEC and non-OPEC Arab oil ministers stressed the need for continued cooperation between oil producers who are part of a pact for a global supply cut that is due to expire at the end of 2018, Kuwait’s state news agency KUNA reported on Sunday. The Organization of the Petroleum Exporting...
Samsung Launches World’s First Wind-Free™ Air Conditioner in The UAE
Environment & Energy | Friday 1 June, 2018 5:03 am
Samsung Gulf Electronics, launched its award-winning Wind-Free™ wall-mounted split air conditioner in UAE. The air conditioner uses Samsung’s exclusive Wind-Free™ Cooling technology to gently disperse cold air while dramatically reducing energy consumption – providing...
Aramco Awards Halliburton contract for unconventional gas stimulation services
Environment & Energy | Monday 28 May, 2018 5:31 am
Saudi Aramco on Sunday signed the unconventional gas stimulation services contract with Halliburton to further improve the economics of Saudi Aramco’s Unconventional Resources Program. The contract signing ceremony, attended by Amin H. Nasser, President and CEO of Saudi Aramco and Jeffrey...
Saudi Minister of Energy reviews with his Chinese counterpart current situation in oil market
Environment & Energy | Saturday 26 May, 2018 5:30 am
Saudi Arabia’s Minister of Energy, Industry and Mineral Resources Energy Khalid Al-Falih telephoned China’s Minister of National Energy, Noor Bakri, to discuss the joint cooperation between the two countries in the field of energy and review the current situation in the global oil...
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