January 16, 2021
Russian oil giant Gazprom has resumed talks with the Saudi Arabian chemical manufacturer SABIC over the latter's co-investment in building a......
Continue Reading >January 14, 2021
SINGAPORE: Top oil exporter Saudi Arabia has cut supplies of February-loading crude for some Asian buyer by up to a quarter while meeting requirements......
Continue Reading >January 14, 2021
DUBAI/LONDON- A joint venture comprising Air Products, ACWA Power and NEOM has hired financial firm Lazard to advise it on a planned $5 billion hydrogen......
Continue Reading >January 10, 2021
DUBAI — Infrastructure projects valued at AED10 billion are currently under way along the East Coast of the UAE, said Suhail Bin Mohammed Al......
Continue Reading >January 7, 2021
NEW YORK: Oil prices shot higher following Saudi Arabia’s surprise announcement that it would trim production, while global equities had a......
Continue Reading >January 6, 2021
Saudi Arabia will make additional, voluntary oil output cuts of one million barrels per day (bpd) in February and March as part of a deal under which......
Continue Reading >December 30, 2020
King Salman Energy Park (SPARK), a fully-integrated industrial city under development, has announced the deployment of multiple innovative construction......
Continue Reading >December 29, 2020
Riyadh – Sahara International Petrochemical Company (Sipchem) said that its 75%-owned subsidiary, International Polymers Company (IPC), signed......
Continue Reading >December 29, 2020
The Board of Directors of ADNOC Distribution, the fuel distribution arm of the Abu Dhabi National Oil Company, plans to acquire fuel distribution......
Continue Reading >December 28, 2020
Saudi Arabia, the world's largest exporter of crude, discovered four new oil and gas fields, the kingdom's minister of energy Prince Abdulaziz......
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