Saudi Aramco has announced its plan to double the amount of local sources used in its supply chain to 70 %, and thus increase its overall direct domestic investments worth $300b by 2021.
Saudi Arabia's Minister of Petroleum and Mineral Resources, Ali Ibrahim Al-Naimi, has joined more than 20 world leaders at the Paris Climate Change Conference to announce a launch of a global initiative 'Mission Inno ...
The Egyptian government and the Kuwait Fund for Arab Economic Development (KFAED) have signed a loan agreement worth $98.7m to finance the power grid project between Egypt and Saudi Arabia.
Bank of America Merrill report “Global Energy Weekly” warned Saudi Arabia that the drain on its foreign exchange (FX) reserves could accelerate to $18b per month if Brent crude oil prices average $30 per barrel.
His Excellency Tarek El-Molla, Minister of Petroleum and Mineral Resources, will attended the Arab Petroleum Investments Corporation’s (APICORP) Energy Forum held today in Bahrain.