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Last Updated: Thu, Sep 29 2016 | 9:53 AM |
Saudi's PetroRabigh says to delay $9.1bn expansion plans
Energy»

Saudi's PetroRabigh says to delay $9.1bn expansion plans

Thursday, 29 September 2016 1:53 PM

Petrochemical company cites construction market challenges as it delays project by at least six months

Politics & Economics»

In pictures: OPEC strikes first deal since 2008 to curb oil output

Thursday, 29 September 2016 1:01 PM

Members of the Organisation of Petroleum Exporting Countries attend crunch meeting in the Algerian capital Algiers

Politics & Economics»

Video: Oil prices rise after OPEC announces first output cut since 2008

Thursday, 29 September 2016 12:57 PM

OPEC has agreed to cut its oil output for the first time since 2008. The major oil producing nations struck a preliminary deal at talks in Algeria.

OPEC strikes first deal since 2008 deal to curb oil output
Energy»

OPEC strikes first deal since 2008 deal to curb oil output

Thursday, 29 September 2016 9:22 AM

Oil prices jumped 5 percent but market wants more detail

Saudis soften oil stance on Iran but OPEC deal still elusive
Energy»

Saudis soften oil stance on Iran but OPEC deal still elusive

Wednesday, 28 September 2016 3:51 PM

Riyadh faces a second year of budget deficits after a record gap of $98 billion last year

Energy»

In pictures: 15th International Energy Forum in Algiers

Wednesday, 28 September 2016 12:54 PM

Oil prices rose modestly ahead of a meeting of producers from the Organisation of the Petroleum Exporting Countries (OPEC) cartel and Russia in Algeria on September 28 that could agree to cap supplies

Saudi energy minister dashes hopes for OPEC deal in Algeria
Energy»

Saudi energy minister dashes hopes for OPEC deal in Algeria

Tuesday, 27 September 2016 1:43 PM

Oil prices have more than halved from 2014 levels due to oversupply, prompting major players to seek market rebalancing

Aramco considering several foreign exchanges for 2018 listing - CEO
Energy»

Aramco considering several foreign exchanges for 2018 listing - CEO

Tuesday, 27 September 2016 10:47 AM

CEO Amin Nasser said company was working with Chinese partners to look at locations for oil storage

Saudi Aramco says to invest $334bn by 2025
Energy»

Saudi Aramco says to invest $334bn by 2025

Monday, 26 September 2016 6:43 PM

Senior exec says major spending planned on infrastructure and projects to maintain oil capacity

Energy»

Video: OPEC meeting tops agenda this week

Monday, 26 September 2016 1:27 PM

OPEC holds an informal meeting this week in Algiers, which non-OPEC Russia will also join.

Volatility in oil market to remain in near future, says Aramco CEO
Commodities»

Volatility in oil market to remain in near future, says Aramco CEO

Monday, 26 September 2016 11:23 AM

Amin Nasser, CEO of Saudi Aramco, said market has proven that companies with strong downstream operations are in a better position

India wants to add UAE, Saudi oil for strategic reserve
Energy»

India wants to add UAE, Saudi oil for strategic reserve

Wednesday, 21 September 2016 5:39 PM

Asian economy seeking to secure half of storage facility in Mangalore from Gulf states, Iran

Saudi Aramco says eight injured in oil terminal blaze
Energy»

Saudi Aramco says eight injured in oil terminal blaze

Tuesday, 20 September 2016 2:30 PM

Energy company says fire at its Ras Tanura terminal has been put out, no impact on operations

Saudi Arabia continues to pump record high levels of crude
Energy»

Saudi Arabia continues to pump record high levels of crude

Tuesday, 20 September 2016 9:16 AM

Crude exports rise to 7.622 mln bpd in July

Saudi Aramco awards contract for major gas pipeline work
Energy»

Saudi Aramco awards contract for major gas pipeline work

Monday, 19 September 2016 7:49 PM

Saudi KAD will engineer, procure, construct and commission a gas pipeline network totalling 1,118km


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