Saudi Arabia | Egypt Oil & Gas - Part 76

Saudi Fertilizer Profits Fluctuate with Prices

Saudi Arabia Fertilizers Co (SAFCO) posted a 6.7% drop in its second-quarter net profit on Sunday, although the earnings still beat analysts' forecasts.

Looking to Make Moves in the Asia, Russia Signs Oil Deal with India

Top Russian oil producer Rosneft has raised the stakes in its battle with Saudi Arabia for market share by securing new Asian markets to hedge against the risk that any new Western sanctions could hit crude sales.

6-Year Saudi Offshore Contract Awarded to Ezra Holdings

Singapore's Ezra Holdings Limited signed a six year long term agreement (LTA) with one of the world largest national oil company, Saudi Aramco

Saudi Chemicals Joint Venture in 20-Year Contract with Saudi Electricity

Saudi Arabia's Sadara Basic Services said on Tuesday that its parent firm signed a SR14.13 billion ($3.77 billion) deal with Saudi Electricity Company to supply electric power to its chemicals complex in Jubail Indus ...

Saudi Price Measures Target Asian Markets, Only

Saudi Arabia has cut the official selling price (OSP) for its benchmark Arab Light crude to Asia in August, as expected, while raising the price to European customers.

Saudi-Korean $640m Polyethylene Project to Operate out of Singapore

Saudi Basic Industries Corp (SABIC) said on Sunday it had completed the formation of a joint venture with Korean petrochemical manufacturer SK Global Chemical Co to produce polyethylene products.

Saudi Varying Crude Prices Targeted to Asian Market

Top oil exporter Saudi Arabia is expected to cut monthly prices for medium and heavy grades it sells to Asia in August on weaker fuel oil cracks, while keeping the price for its flagship light crude little changed

Alstom to Build and Service Saudi National Grid Infrastructure, Training

Alstom Grid, a global leader in the world of power generation, power transmission, has signed a long-term deal with National Grid SA of Saudi Arabia to develop the electricity infrastructure in the kingdom.

Saudi Refineries to Become Cleaner With Time

Saudi Aramco has revived plans to add a clean fuels unit in its biggest oil refinery in Ras Tanura and more environmentally-friendly units to its Rabigh refinery, industry sources said.

Aramco Trying to Attain Equal Shares to Lukoil in Joint Venture

Saudi state oil company Saudi Aramco wants to raise its share in Luksar, a joint venture with Russia's Lukoil, to 50%,

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