Saudi Arabia | Egypt Oil & Gas - Part 78
Kuwaiti CEO Hails Saudis in Wake of Khafji Oilfield Dispute
Kuwait minister allegedly held Saudi Arabia responsible for financial losses due to oil field closure
Moves to Compensate Kuwait over Saudi Oilfield Closure
Kuwait has said the continued closure of the Khafji oilfield it shares with Saudi Arabia will create huge losses Riyadh must compensate for in future,
UAE May Lead the Way for GCC States over Diesel Reforms
The United Arab Emirates has become the first Gulf state to take a major step towards taming the gas-guzzling habits of its drivers, who see cheap fuel as part of their birthright.
$9.1 Mn for Saudi Arabia’s Turkish Energy Acquisition
Saudi Arabia’s energy firm Acwa Power has acquired Turkish energy firm Ventis Enerji for TL25.3 million ($9.1 million), a report said.
The Rise and Decline of SABIC Petrochemicals Profits
Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups, reported a 4.5% drop in second-quarter net profit on Sunday, a much smaller decline than analysts had forecast.
Saudi Petrochemical Profits Fall Below Expected
Saudi Arabia's Yanbu National Petrochemical Co (Yansab) reported a 63% fall in second-quarter net profit on Tuesday but beat analysts' forecasts slightly.
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.
