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Last Updated: Mon, Aug 3 2015 | 4:06 PM |
Saudi economy 'now less resistant' to falling oil prices
Politics & Economics»

Saudi economy 'now less resistant' to falling oil prices

Monday, 3 August 2015 8:06 PM

Consultant Energy Aspects highlights Gulf kingdom's deteriorating fiscal health but does not expect oil output cut

Oil hit multi-month lows on record OPEC output
Commodities»

Oil hit multi-month lows on record OPEC output

Monday, 3 August 2015 10:36 AM

Iran says to raise output once sanctions lifted

Saudi's PetroRabigh Q2 net profit nearly triples
Energy»

Saudi's PetroRabigh Q2 net profit nearly triples

Monday, 27 July 2015 11:48 AM

The JV between Saudi Aramco and Japan's Sumitomo Chemical made a profit of $134.64 million in the three months to June 30

Saudi's Sipchem Q2 net profit down 55%
Energy»

Saudi's Sipchem Q2 net profit down 55%

Monday, 27 July 2015 10:46 AM

Sipchem blamed the profit slump on its closing of some plants for maintenance and "significant decrease in product sales prices"

Saudi's SABIC Q2 net profit falls slightly
Energy»

Saudi's SABIC Q2 net profit falls slightly

Sunday, 26 July 2015 9:23 AM

SABIC made a net profit $1.64 billion in the three months ending June 30

Saudi-Kuwait joint Wafra oilfield staff 'told to take leave'
Energy»

Saudi-Kuwait joint Wafra oilfield staff 'told to take leave'

Thursday, 23 July 2015 1:51 PM

Gulf OPEC allies to extend oilfield shut down into next month as they seek to solve longstanding dispute

Saudi Arabia triggers potential fuel price war with Asian rivals
Energy»

Saudi Arabia triggers potential fuel price war with Asian rivals

Thursday, 16 July 2015 1:50 PM

Gulf kingdom turns itself into major power of refined fuels, offering millions of barrels of diesel

Saudi Arabia raises June oil output to record high
Energy»

Saudi Arabia raises June oil output to record high

Monday, 13 July 2015 7:27 PM

Gulf kingdom ramps up its crude production, defends market share as global and domestic demand rises

Saudi's Sadara signs $3.77bn power deal with state utility
Energy»

Saudi's Sadara signs $3.77bn power deal with state utility

Tuesday, 7 July 2015 2:14 PM

Agreement will see Saudi Electricity Co supplying power to Sadara's chemicals complex in Jubail Industrial City

Saudi's APICORP says could issue first international sukuk
Banking & Finance»

Saudi's APICORP says could issue first international sukuk

Monday, 6 July 2015 2:33 PM

Arab Petroleum Investments Corp says move would be part of recently-established $3bn sukuk programme

Shell Chief says US shale producers under pressure from Saudi Arabia
Energy»

Shell Chief says US shale producers under pressure from Saudi Arabia

Thursday, 2 July 2015 9:57 AM

OPEC's decision, led by Saudi Arabia, to not cut oil production has put pressure on US shale gas producers which in turn has put brakes on America's energy boom

Saudi Aramco said to mull closure of Jeddah refinery
Energy»

Saudi Aramco said to mull closure of Jeddah refinery

Monday, 22 June 2015 3:23 PM

Industry sources say state oil giant is considering closure because of age and environmental concerns

Saudi Arabia, Russia sign nuclear power cooperation deal
Energy»

Saudi Arabia, Russia sign nuclear power cooperation deal

Friday, 19 June 2015 2:46 PM

The kingdom is reportedly planning to build 16 nuclear reactors with the help of Russia

Saudi Arabia's crude oil exports slip in April
Energy»

Saudi Arabia's crude oil exports slip in April

Friday, 19 June 2015 1:53 PM

Crude exports fell 161,000bpd as the kingdom's domestic demand increases in the lead up to summer

Russia, Saudi Arabia to discuss oil cooperation agreement
Energy»

Russia, Saudi Arabia to discuss oil cooperation agreement

Thursday, 18 June 2015 3:01 PM

Talks between oil ministers in St Petersburg follow OPEC's meeting on June 5 when output policy was unchanged


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