Environment & Energy | Monday 11 January, 2016 3:40 am

Get ready for hiked water, electricity bills from today

The Ministry of Water and Electricity will begin applying the new tariffs on water on Monday. The new charges were announced two weeks ago by Water and Electricity Minister Abdullah Al-Hussayen. Sources reveal the ministry will begin issuing bills monthly, rather than every three months, so as...

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Environment & Energy | Sunday 10 January, 2016 12:16 pm

GASCO Achieves IT Governance With Nexthink

With a 25 percent increase in production, the National Manufacturing and Gas Company (GASCO) in Saudi Arabia must ensure there are no supply shortages in the Kingdom. Consequently, technology remains at the core of GASCO’s mission for business continuity and to meet global industry...

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Environment & Energy | Monday 4 January, 2016 1:50 pm

Reducing Carbon Footprint of Desalination “Crucial” to Achieving Water Sustainability in the GCC

GCC utility providers and businesses must invest in energy efficient water desalination to reduce the carbon footprint and hefty expenses associated with increased power consumption, urge experts.   Driven by the launch of the Global Clean Water Alliance, which was announced by Abu...

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Environment & Energy | Monday 4 January, 2016 9:17 am

Energy reforms to hit Maaden’s 2016 profit by SR120m

Saudi Arabian Mining Co. (Maaden) said that changes to energy and gas feedstock prices announced by the government last week would reduce its profit in 2016 by around SR120 million($32 million). The company said in the bourse filing that it would continue implementing its strategy to boost...

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Environment & Energy | Sunday 3 January, 2016 11:02 am

Wind and solar power soar in spite of bargain prices for fossil fuels

Wind and solar power appear set for a record-breaking year in 2016 as a clean-energy construction boom gains momentum in spite of a global glut of cheap fossil fuels. Installations of wind turbines and solar panels soared in 2015 as utility companies went on a worldwide building binge, taking...

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Environment & Energy | Friday 1 January, 2016 1:48 am

People asked to stay away from valleys

The Presidency of Meteorology and Environmental (PME) on Thursday warned of low and medium-altitude clouds that are expected to form over Taif province and its surrounding areas, interspersed with rain-bearing storm clouds and active surface wind, which will continue until late...

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Environment & Energy | Thursday 31 December, 2015 3:04 am

Saudi Arabia Won’t Change Oil Production Policy

Saudi Arabian Oil Minister Ali Al-Naimi said the kingdom, the world’s top crude exporter, does not limit its output and has the capacity to meet additional demand, the Wall Street Journal reported on Wednesday. “We will satisfy the demand of our customers. We no longer limit...

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Environment & Energy | Tuesday 29 December, 2015 6:00 am

Kingdom’s Petchem industry will adjust to energy price rise

Saudi Aramco’s Chairman Khalid Al-Falih said he is confident that local industries, including the Saudi petrochemical sector, would adjust to the rise in domestic energy prices and remain competitive. Earlier, the government said it was hiking prices for fuels, water and electricity as...

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Environment & Energy | Tuesday 29 December, 2015 5:39 am

Aramco to build world’s largest gas complex

Saudi Aramco intends to build the largest industrial complex for gas in the world a cost of $2.1 billion in Jazan. The new project will supply 20,000 metric tons of oxygen and 55,000 metric tons of nitrogen to its Jazan refinery for 20 years.  The production capacity of the new Aramco oil...

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Environment & Energy | Tuesday 29 December, 2015 3:36 am

Up to 50% hike in fuel prices from today

The Council of Ministers on Monday decided to increase petrol prices by more than 50 percent for some products from Tuesday. The price of lower-grade petrol (Octane 91) for a liter was increased to 75 halalas from the current 45 halalas, a 67 percent rise, while the price of higher-grade...

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