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Last Updated: Wed, Jul 27 2016 | 2:44 PM |
Saudi's SABIC extends net profit slump in Q2
Energy»

Saudi's SABIC extends net profit slump in Q2

Wednesday, 27 July 2016 6:44 PM

Saudi Basic Industries Corp reports 23.2% drop in second quarter net profit as lower sales prices weigh

Saudi's Sipchem reports 76% slump in Q2 net profit
Energy»

Saudi's Sipchem reports 76% slump in Q2 net profit

Wednesday, 27 July 2016 12:34 PM

Company said its profit margins fell as sales prices for all its products dropped, while production costs increased because of higher feedstock and energy prices

Saudi's SABIC studies joint complex with Exxon Mobil unit
Energy»

Saudi's SABIC studies joint complex with Exxon Mobil unit

Monday, 25 July 2016 4:28 PM

Project, to be located on the United States' Gulf Coast, will include an ethylene production unit

Saudi's PetroRabigh Q2 net profit slides 79%
Energy»

Saudi's PetroRabigh Q2 net profit slides 79%

Sunday, 24 July 2016 10:39 AM

PetroRabigh, a JV between Saudi Aramco and Japan's Sumitomo Chemical, cited price decreases for petrochemical products and lower refinery margins

Construction work starts at $2.1bn gas complex in Saudi Arabia
Energy»

Construction work starts at $2.1bn gas complex in Saudi Arabia

Friday, 22 July 2016 12:15 AM

Ground-breaking ceremony takes place to mark milestone for world's biggest industrial gas plant at Jazan

Saudi Aramco not worried about others gaining market share in Asia -CEO
Energy»

Saudi Aramco not worried about others gaining market share in Asia -CEO

Thursday, 21 July 2016 9:52 AM

Iraq overtook Saudi Arabia for the first time to be India's top oil supplier in the June quarter, helped by sales of discounted heavy crude that refiners

Saudi Aramco says still mulling plan for clean fuels project
Energy»

Saudi Aramco says still mulling plan for clean fuels project

Wednesday, 20 July 2016 1:31 PM

State-owned oil giant also says its planned Jizan refinery will come online in 2018

Saudi Aramco signs contracts to build $13bn Fadhili gas project
Energy»

Saudi Aramco signs contracts to build $13bn Fadhili gas project

Wednesday, 20 July 2016 12:31 PM

Aramco has also begun constructing the largest gas complex in Empty Quarter desert

Saudi Electricity Co Q2 net profit falls 27%
Energy»

Saudi Electricity Co Q2 net profit falls 27%

Wednesday, 20 July 2016 10:36 AM

Gulf's largest utility firm cited higher cost of fuel and depreciation of assets for the weaker performance as reasons for the drop

OPEC insiders say Saudi Arabia looking to prop up oil prices
Energy»

OPEC insiders say Saudi Arabia looking to prop up oil prices

Wednesday, 13 July 2016 4:16 PM

Delegates say world's top oil exporter may be adopting a change in tone after supporting price drop two years ago

Saudi firms close $1.825bn refinancing for Rabigh 1 power project
Banking & Finance»

Saudi firms close $1.825bn refinancing for Rabigh 1 power project

Wednesday, 13 July 2016 2:40 PM

Consortium of electricity companies complete deal for 1240 MW fuel oil-fired plant on the western coast of Saudi Arabia

Siemens says cannot confirm $550m Saudi gas deal
Energy»

Siemens says cannot confirm $550m Saudi gas deal

Monday, 11 July 2016 2:39 PM

German engineering group has reportedly beaten rival GE to win gas turbine deal with Saudi Arabia

Saudi energy minister says oil market is balancing
Energy»

Saudi energy minister says oil market is balancing

Sunday, 10 July 2016 4:11 PM

Khalid al-Falih said Saudi Arabia would always strive to stabilise the oil market

How big are Saudi Arabia's oil reserves really?
Energy»

How big are Saudi Arabia's oil reserves really?

Tuesday, 5 July 2016 7:45 PM

There is widespread scepticism about the official estimates of kingdom's oil reserves, says Reuters analyst John Kemp

Saudi petchem firms may seek mergers in bid to cut costs
Energy»

Saudi petchem firms may seek mergers in bid to cut costs

Tuesday, 5 July 2016 1:48 PM

Petrochemicals producers in Gulf kingdom are looking to adjust their businesses to lower oil prices


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