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.
China's Shandong Electric Power Construction Corp (SEPCO) has signed a contract to build a gas compressor station as part of the expansion of Saudi Arabia's main gas pipeline.
The Dubai Mercantile Exchange (DME) announced today that Oman’s Ministry of Oil and Gas has become the first customer of its recently launched ‘DME Auctions’ platform.
Saudi Arabia will begin privatizing its airports and related services in the first quarter of 2016, the country’s General Authority for Civil Aviation (GACA) said on Sunday
Iran and Sri Lanka have begun new talks to resume oil shipments to the Asian country, head of the National Iranian Oil Company (NIOC) Roknoddin Javadi says.
The International Energy Agency cited market sources on Friday as saying Tehran would be able to sell at least an extra 400,000 b/d to buyers in Asia and Europe when the sanctions are lifted.
"The UAE played a key role in the political stability of this region and the UAE will play ... a key role in the stability of the market," the UAE oil minister Suhail al-Mazrouei was quoted as saying.
A learning initiative, jointly designed by Saudi Basic Industries Corp (Sabic) and US-based Penn State University’s Smeal College of Business, for the benefit of Sabic employees, has been recognised by the Chief Lear ...
The Australian government has announced its invitation for Saudi Arabia and other oil-rich states to invest in Australian green energy initiatives. The Financial Times quotes Greg Hunt, Australia’s Minister of Enviro ...
Saudi Aramco's Chairman Khalid al-Falih said on Sunday that the company has no plans to cut oil production and he foresees the oil market rebalancing in 2016.