Saturday, January 20, 2018
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Eye of Riyadh

Nissan and NASA extend research into autonomous mobility services
Environment & Energy | Sunday 14 January, 2018 12:10 am
Nissan North America, Inc., the U.S.-based subsidiary of Nissan Motor Co. Ltd., announced an agreement with NASA Ames Research Center in California’s Silicon Valley to collaborate on research and technology development for future autonomous mobility services, including a working demonstration ...
Oil hits $70 a barrel for the first time in three years
Environment & Energy | Saturday 13 January, 2018 3:02 am
Oil topped $70 a barrel in London for the first time in three years as production cuts by Opec and rising demand whittle away a global surplus.   Brent crude futures, used in the pricing of more than half the world’s oil, rose as much as 1.2 per cent to the highest since December...
Booz Allen Hamilton Outlines Robust Innovation Strategies to Seize the Potential of the Energy and Utilities Sector in KSA
Environment & Energy | Wednesday 10 January, 2018 12:45 pm
The energy and utilities sector in KSA must harness innovative strategies to overcome some of the greatest sustainability challenges in the GCC, Booz Allen Hamilton has said in a report titled ‘The Future is Innovation’.   Combined, the Gulf Cooperation Council (GCC) states...
FEWA honors excellence and innovation among its employees at the fourth edition of its Excellence Awards
Environment & Energy | Tuesday 9 January, 2018 5:02 am
Under patronage and presence of His Excellency Suhail Mohammed Al Mazrouei, Minister of Energy and Industry, Chairman of the Board of Directors of the Federal Electricity and Water Authority; FEWA Board Members, representatives of the General Directorate of Residency and Foreigners Affairs;...
Jeddah to have 6 new water reservoirs
Environment & Energy | Monday 8 January, 2018 2:52 am
Minister of Environment, Water and Agriculture Abdul Rahman Al-Fadli opened the second phase of Jeddah’s strategic water storage project of six reservoirs with a capacity of 166,600 cubic meters each. The second phase of the strategic water storage project will cost more than SR423...
Saudi Aramco Becomes Joint Stock Company
Environment & Energy | Sunday 7 January, 2018 3:02 am
The Saudi Arabian Oil Company – known as Saudi Aramco - has been for 30 years a company that does not fall under the corporate system imposed by the Ministry of Commerce. Saudi Aramco has enjoyed a special status since the transfer of its ownership to the State in 1988, as it was...
Hatta Goes Solar
Environment & Energy | Thursday 4 January, 2018 3:52 am
The Hatta solar project consists of 640 solar powered villas,  supporting the Hatta Comprehensive Development Plan, launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. As part of the Shams Dubai initiative, the project enables...
Hike in gasoline prices across KSA will help in govt plan for efficient energy use: Experts
Environment & Energy | Tuesday 2 January, 2018 10:58 am
With the hike in fuel prices effective as of midnight Sunday, the Ministry of Commerce and Investment (MCI) intensified its control on fuel stations across the Kingdom to ensure availability of petroleum products at prices fixed by the government. The regulatory authorities were constantly...
68 gas stations sealed for hoarding fuel
Environment & Energy | Tuesday 2 January, 2018 10:51 am
The Ministry of Commerce and Investment (MCI) sealed 68 gas stations across the Kingdom for hoarding fuel on Sunday night before the announcement of price hike. “We have sealed 68 gas stations across the Kingdom for refusing to supply fuel to consumers on Sunday night,” said an...
Saudi Arabia sets new gasoline prices
Environment & Energy | Monday 1 January, 2018 10:32 am
Saudi Arabia increased fuel price effective as of midnight Sunday (Dec. 31, 2017). Octane 91 fuel which cost 75 halalas per liter will now be available at SR1.37 per liter and 95 octane which cost 90 halalas per liter will cost SR2.04 per liter. Diesel for industries and utilities...