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Last Updated: Fri, Nov 28 2014 | 5:40 AM |
GCC petrochemical revenues rise by 7%, driven by Saudi Arabia
Energy»

GCC petrochemical revenues rise by 7%, driven by Saudi Arabia

Friday, 28 November 2014 9:40 AM

Industry chief warns that regional producers must not be complacent despite seeing $6bn revenues rise

Saudi Arabia wins case for no OPEC output cut
Energy»

Saudi Arabia wins case for no OPEC output cut

Thursday, 27 November 2014 7:37 PM

Gulf oil producers led by Saudi Arabia override calls from poorer OPEC member for action to halt oil price slide

UAE's Dana Gas in talks with Egypt over revising gas prices
Energy»

UAE's Dana Gas in talks with Egypt over revising gas prices

Thursday, 27 November 2014 1:36 PM

Discussions come as Egyptian authorities have been negotiating with a number of international energy firms

UAE minister says no need to panic after oil price slump
Energy»

UAE minister says no need to panic after oil price slump

Wednesday, 26 November 2014 4:42 PM

Oil minister Mohammed al-Mazroui agrees with Saudi Arabia that the market will 'fix itself ultimately'

New delays said to hit Saudi Aramco's Jizan refinery
Construction»

New delays said to hit Saudi Aramco's Jizan refinery

Wednesday, 26 November 2014 1:45 PM

Industry sources say contract disagreement with South Korean builders is delaying refinery construction

Saudi's al-Naimi sees oil market 'stabilising itself'
Politics & Economics»

Saudi's al-Naimi sees oil market 'stabilising itself'

Wednesday, 26 November 2014 1:08 PM

Oil minister signals he is unlikely to push for major output change as oil price falls to below $79 per barrel

Russian oil tsar to meet OPEC as Saudis keep market guessing
Energy»

Russian oil tsar to meet OPEC as Saudis keep market guessing

Tuesday, 25 November 2014 4:05 PM

Igor Sechin in Vienna for talks as market awaits response of Saudi Arabia to flagging oil prices

Saudi's Naimi says 'as happy as can be,' brushing off oil price concerns
Energy»

Saudi's Naimi says 'as happy as can be,' brushing off oil price concerns

Tuesday, 25 November 2014 11:40 AM

Saudi oil minister offered no insight on what the world's biggest oil exporter planned to say to its fellow OPEC members

Kuwait's KNPC to invest $40bn to 2022
Energy»

Kuwait's KNPC to invest $40bn to 2022

Monday, 24 November 2014 7:15 PM

Kuwait National Petroleum Co's plans include a new refinery and a clean fuels project

Dow Chemical CEO says not quitting Kuwait, but shifting strategy
Energy»

Dow Chemical CEO says not quitting Kuwait, but shifting strategy

Monday, 24 November 2014 12:25 PM

US petrochemicals giant announced plans to reduce its equity positions in all of its Kuwaiti ventures

OPEC panel reviews oil outlook in a start to talks on oversupply
Energy»

OPEC panel reviews oil outlook in a start to talks on oversupply

Saturday, 22 November 2014 2:42 PM
Oil up first time in 8 weeks on China rate cut, OPEC expectations
Energy»

Oil up first time in 8 weeks on China rate cut, OPEC expectations

Saturday, 22 November 2014 2:35 PM

Brent crude returned to above $80 a barrel after a record drop of eight weeks in a row

US welcomes oil deal between Iraqi Kurdistan and Baghdad
Energy»

US welcomes oil deal between Iraqi Kurdistan and Baghdad

Saturday, 22 November 2014 2:04 PM

The deal also will see development of an oil pipeline from Basra to the Turkish port of Ceyhan

Kuwait Petroleum Corp unit signs $1 bln loan
Banking & Finance»

Kuwait Petroleum Corp unit signs $1 bln loan

Thursday, 20 November 2014 3:20 PM

Kufpec is responsible for exploration, development and production of crude oil and natural gas outside Kuwait

What's behind Saudi's oil policy? Time for the conspiracy theorists to have their say
Politics & Economics»

What's behind Saudi's oil policy? Time for the conspiracy theorists to have their say

Wednesday, 19 November 2014 2:45 PM

Some claim it is aiming to see off the challenge from US shale oil. Others believe it will let prices fall to $70 to heap pressure on Russia and Iran ahead of the upcoming 27 OPEC meeting


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