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Last Updated: Mon, Feb 27 2017 | 3:25 PM |
Saudi Arabia mulls raising fuel prices by 30% from July
Politics & Economics»

Saudi Arabia mulls raising fuel prices by 30% from July

Monday, 27 February 2017 7:25 PM

Industry souces say increase would be part of plan to align its fuel prices with global benchmark levels

DEWA to invest $2.7bn in new substations
Energy»

DEWA to invest $2.7bn in new substations

Monday, 27 February 2017 2:26 PM

Work has already begun on new stations in Hassyan and at the Mohammed bin Rashid Al Maktoum Solar Park

Misgivings remain as Saudis prepare to relinquish 'crown jewels'
Politics & Economics»

Misgivings remain as Saudis prepare to relinquish 'crown jewels'

Sunday, 26 February 2017 3:08 PM

Kingdom has seen plenty of opposition to Saudi Aramco's upcoming IPO

Why Saudi Arabia's $50bn renewable energy programme is credible
Energy»

Why Saudi Arabia's $50bn renewable energy programme is credible

Sunday, 26 February 2017 2:20 PM

The plan will set new benchmarks in competitiveness, commercial attractiveness and execution.

Aramco IPO could encourage other Gulf states to list oil assets
Energy»

Aramco IPO could encourage other Gulf states to list oil assets

Sunday, 26 February 2017 9:39 AM

Nasser Saidi, a former economy minister of Lebanon, said Aramco has to address how the company will separate its assets and liabilities from those of the state

Saudi energy firm inks deal for Australian solar farm
Energy»

Saudi energy firm inks deal for Australian solar farm

Friday, 24 February 2017 11:03 AM

Fotowatio Renewable Ventures signs agreement with gov't-owned electricity retailer to buy power from solar farm

Dana Gas sukuk drop as concern rises over looming maturity
Banking & Finance»

Dana Gas sukuk drop as concern rises over looming maturity

Thursday, 23 February 2017 2:30 PM

UAE energy firm had around $300m in cash and bank balance at the end of 2016, less than half the looming sukuk maturity

Non-OPEC compliance with oil supply curbs improving
Energy»

Non-OPEC compliance with oil supply curbs improving

Thursday, 23 February 2017 11:27 AM

Organization of the Petroleum Exporting Countries agreed to cut production by 1.8m bpd from Jan. 1 to boost prices and get rid of a supply glut

Qatar says $50 oil price is needed to spur investment
Energy»

Qatar says $50 oil price is needed to spur investment

Thursday, 23 February 2017 9:20 AM

Energy minister says too early to judge whether oil producers will extend output reduction agreement

Saudi Aramco said to be in lead to buy Turkish fuel stations firm
Energy»

Saudi Aramco said to be in lead to buy Turkish fuel stations firm

Thursday, 23 February 2017 9:19 AM

Sources say oil giant is the front-runner to buy Petrol Ofisi from Austria's OMV

Abu Dhabi's ADNOC signs 10-year LPG sale deal with Vitol
Energy»

Abu Dhabi's ADNOC signs 10-year LPG sale deal with Vitol

Wednesday, 22 February 2017 2:10 PM

Abu Dhabi National Oil Company says it will supply 528,000 tonnes per year of liquefied petroleum gas

OPEC chief says confidence has returned to global oil market
Energy»

OPEC chief says confidence has returned to global oil market

Wednesday, 22 February 2017 9:49 AM

Secretary General Mohammad Barkindo 'cautiously optimistic' on outlook following supply cut deal

Saudi Aramco selects lead underwriters for $100 billion IPO
Energy»

Saudi Aramco selects lead underwriters for $100 billion IPO

Wednesday, 22 February 2017 9:37 AM

Saudi will list up to 5 percent of Aramco on both the Saudi stock exchange in Riyadh and on one or more international markets

Saudi Arabia said to favour New York for Aramco IPO
Energy»

Saudi Arabia said to favour New York for Aramco IPO

Tuesday, 21 February 2017 9:16 AM

Saudi officials expect the IPO to value Aramco at a minimum of $2 trillion

Saudi Arabia kick-starts $50bn renewable energy plan
Energy»

Saudi Arabia kick-starts $50bn renewable energy plan

Tuesday, 21 February 2017 8:50 AM

Saudi government has invited investors to pre-qualify for renewable projects


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