23 Jumada I 1446 - 24 November 2024
    
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Eye of Riyadh

Saudi Arabia regains position as world’s top oil exporter
Environment & Energy | Wednesday 17 June, 2020 5:41 am
Saudi Arabia has emerged from three months of oil market volatility as the world’s biggest oil exporter once more, knocking the US off the top slot it gained last year.Industry experts calculated that in April — when oil prices crashed because of pandemic lockdowns — the Kingdom exported...
COVID-19 deaths cannot be dismissed as a mere statistic: Saudi energy minister
Environment & Energy | Tuesday 16 June, 2020 6:02 am
The coronavirus pandemic will shrink the global economy by 5.2 percent, said Saudi Arabia’s energy minister during a T20 conference on Monday.“The pandemic poses a sustainability crisis that is interlinked across developmental pillars: Economics, social, energy and environment,” said Prince...
Saudi Arabia signs Arab Group for Space Cooperation charter
Environment & Energy | Monday 15 June, 2020 1:32 am
The Kingdom of Saudi Arabia has signed here the basic charter of the Arab Group for Space Cooperation with the participation of 14 countries during a virtual meeting on Sunday.The charter, which will be signed by 14 Arab countries aims to establish the first Arab group for space cooperation,...
ENOC Group opens new service stations in Lehbab and Al Qudra
Environment & Energy | Wednesday 10 June, 2020 2:38 am
ENOC Group recently opened two new service stations in Lehbab and Al Qudra in Dubai. The expansion comes as part of the Group’s strategic plans to strengthen its retail presence across the UAE and in line with its support to the Government through providing uninterrupted fuel supplies and...
Saudi Arabia urges OPEC+ members to fulfill oil production cut commitments
Environment & Energy | Tuesday 9 June, 2020 9:22 am
Saudi Energy Minister Prince Abdul Aziz bin Salman on Monday stressed the Kingdom’s determination to rebalance global oil markets in the wake of the successful weekend meeting of members of the OPEC+ alliance. “First and foremost, our purpose is to ensure the stability of the markets,”...
Saudi Arabian Young Innovators Win People’s Choice Award  for 2020 Purina BetterwithPets Prize
Environment & Energy | Tuesday 9 June, 2020 9:02 am
Pet Me, a mobile App project developed by a team of six young Saudi Arabian innovators which aims to facilitate free pet adoption and foster pet relationships and empathy in Saudi Arabia, has won the People’s Choice category of the 2020 Purina BetterwithPets Prize, announced in a...
Schneider Electric 2020 Corporate Energy & Sustainability Progress Report Demonstrates That Flexibility and Resilience Are Critical For Energy And Sustainability Success
Environment & Energy | Sunday 7 June, 2020 1:23 pm
Schneider Electric today released its 2020 Corporate Energy & Sustainability Progress Report. The report, the third in an annual series, examines how organizations are addressing the opportunities and challenges presented by a changing energy landscape focused on enterprise energy...
GE supports the Middle East with reliable power grids as summer arrives
Environment & Energy | Sunday 7 June, 2020 1:14 pm
GE (NYSE: GE) is supporting the next phase of the fight against COVID-19 in the Middle East by ensuring power grids are ready, as some countries announce plans to reopen major sectors of the economy just as summer arrives. Grid stability is critical for the seamless operations of infrastructure – ...
Oil coup for Saudi Arabia as output cuts are extended
Environment & Energy | Sunday 7 June, 2020 1:15 am
Saudi Arabia pulled off a coup in the world of oil diplomacy on Saturday with an agreement to extend the historic output cuts credited with pulling energy markets out of chaos. At a virtual meeting of the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC producersled by Russia, ...
MBRSC vows analytical studies for scientific community and government entities
Environment & Energy | Saturday 6 June, 2020 4:41 am
Mohammed Bin Rashid Space Centre (MBRSC) today announced the launch of a scientific interactive platform that will provide scientific analysis of environmental phenomena and their impact on the UAE's natural resources. The platform is the first of its kind in the region focused on in-depth...
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