Saudi Arabia | Egypt Oil & Gas - Part 79

OPEC Siding with Saudi Over Oil Price War

When Saudi Arabia argues next week that OPEC should keep up production to fight the rise in U.S. shale oil, prices will be on its side.

Iran Hints At possible Meeting of Minds with Saudi Over OPEC

Iran’s Minister of Petroleum Bijan Zangeneh says he may meet his Saudi counterpart Ali al-Naimi at the next OPEC meeting in Vienna.

Power-Gen Conference Receives Saudi, Bahrani Backing

Top regional power producing companies Saudi Electricity Company (SEC) and Bahrain Electricity and Water Authority (Bewa) are set to take part as supporting entities at the 13th annual Power-Gen Middle East Conferenc ...

Saudi Bahri Buying Hyundai-Made Oil Tankers

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, has signed a deal to buy five very large crude tankers from ship builders Hyundai Heavy Industries, the Riyadh-listed fir ...

ACWA Power’s $220 Mn for Egypt Renewable Projects

Saudi Arabia-based power and water project developer ACWA Power announced Sunday it signed concession contracts with the Egyptian Ministry of Electricity to build three renewable energy power plants in Egypt.

Al-Naimi: Renewables a Must When Fossil Fuels Run Out

Saudi oil minister Ali Al-Naimi said on Thursday the kingdom envisaged the fact that fossil fuels could become unnecessary before the middle of the century and was investing in renewable energy for that reason.

Saudi Capital continues to Expand Despite Oil Price Crunch

Saudi Arabia has not let ongoing developments go slack, especially in the capital

Saudis Stalling Chinese Requests for More Oil

Saudi Arabia and its main Middle East OPEC partners are turning down Chinese requests for extra oil as they hold back fuel for their own refineries just as demand from the world's biggest crude importer hits new records.

Oil Prices Fall 3 Percent on Dollar Rally, Over Abundance Fears

Oil prices fell more than 3 percent on Tuesday, with U.S. crude extending losses for a fifth straight day as the dollar rallied and on evidence that the United States and top oil exporter Saudi Arabia were pumping mo ...

Saudi Arabia and Iraq Vying for Uplift in Tanker Demand

Rates for the world’s biggest oil tankers surged to the highest since January as shipments accelerated from Saudi Arabia and Iraq, the two biggest suppliers in the Persian Gulf.

Page 79 of 87

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