Saudi Arabia | Egypt Oil & Gas - Part 72
Saudi Arabia Able to Withstand Oil Prices: Saudi FM
Saudi Foreign Minister, Adel al-Jubeir, has announced that Saudi Arabia can withstand the impact of low oil prices on state revenues and economic growth, reported Reuters.
Mining to Make Major Contribution to Saudi Diversification
Saudi Arabia's plans to diversify its economy away from oil gained additional imputes with the announcement that the country's mining sector is set to triple by 2030.
Saudi Seriously Contemplating Slashing Energy Subsidies
Oil Minister Ali al-Naimi confirmed suspicions that the Saudi kingdom could cut its system of energy subsidies
Crude Oil Fails to Keep PetroRabigh Profits Afloat
Saudi Arabia's Rabigh Refining and Petrochemical Co (PetroRabigh) reported that its profits swung to a net loss in the third-quarter
Long Delayed Trials Take Place at Saudi Butanol Plant
Saudi Butanol Co, a joint venture of local petrochemicals firms, has begun trials of its Jubail plant
Saudi Arabia in Cash Flow Crisis
Informed sources told Bloomberg that Saudi Arabia is delaying payments to government contractors thanks to the oil price slump.
SABIC Optimizing for Global PetroChem Competitiveness
Sabic announced it is undertaking a global transformation aimed at creating a more agile, cost-efficient, and customer-focused organisation that meets their needs more effectively
Russia and Saudi Arabia Talk Oil Prices, Shale, OPEC
Russia's energy minister told reports on Tuesday of his talk with his Saudi counterpart last week in Istanbul during the G20 energy ministers meeting
Saudi PetroRabigh Issues Clean Fuel EPC Tenders
Saudi Arabia's PetroRabigh announced that it will launch a bid round to build new units, including one to produce clean fuel, at its petrochemical and refining complex in Rabigh
