Saudi Arabia | Egypt Oil & Gas - Part 79
Islamic Bonds Balancing Saudi Oil Prices Losses
The slump in oil prices since June has done little to damp appetite for Shariah-compliant credit in the Gulf.
Lukoil Mulls Withdrawing from Saudi Gas Due to Oil Prices
Lukoil will likely pull out from Saudi Arabia where the economics of its search for gas have been crushed by the collapse of the oil price, three industry sources said.
Saudi Still Waiting for Non-OPEC Help, Moving into Shale
Saudi Arabia's oil minister Ali al-Naimi said on Tuesday that the kingdom stood ready to "improve" prices but only if other producers outside of the Organization of the Petroleum Exporting Countries (OPEC) joined the ...
GE to Train and Maintain through Saudi Joint Power Plant Venture
Saudi Electricity Company (SEC) and GE recently signed a Memorandum of Understanding (MoU) to set up a joint venture that will extend operations and maintenance (O&M) support to SEC’s power plants in the kingdom.
Jubail’s Saudi Butanol Plant To Enter Trail Phase for 2015
Saudi Butanol Co, a joint venture of local petrochemicals firms, is expected to start trial operations at its plant in Jubail in the third quarter of 2015, one of the shareholders said on Tuesday.
Aramco’s Credibility Wins it $10Bn Credit Facility Agreement
Saudi Aramco has signed a new $10 billion standby revolving credit facilities agreement as part of the company’s strategy of maintaining financial flexibility.
Speculators Caught Between Energy Glut and Yemen Violence
Speculators were the least bullish on crude in two years before prices surged as Saudi Arabia and its allies bombed rebels in Yemen, threatening supply disruptions in the largest oil-producing region.
Saudi Kayan Ready to Start Hydrocarbon Production Again
Saudi Kayan Petrochemical Co has restarted production at its olefins plant following a near two-month shutdown for maintenance work, the company said on Sunday.
