Saudi Arabia | Egypt Oil & Gas - Part 82

Acwa Holdings-Air Products to Build World’s Largest Industrial Gas Complex in Saudi

Acwa Holding, a regional infrastructural developer in the power and water sectors, said along with its joint venture partner US-based Air Products, it has won a major contract from Saudi Aramco to build, own and oper ...

Aramco Installations Under Threat, Saudi Interior Ministry

Saudi Arabia has put security forces on alert for a possible militant attack on a shopping mall or energy installation, Interior Ministry spokesman Mansour Turki said on Monday.

Saudi Company to Use American Shale Gas in UK PetroChem Plant

Saudi Basic Industries Corp 2010.SE has signed a deal to use shale gas from the United States at its Teesside petrochemical plant in Britain,

Saudi Arabia Spearheads OPEC Oil Boom as U.S. Shale Slows Down

Saudi Arabia pumped close to a record amount of crude oil last month, leading the biggest surge in OPEC output in almost four years just as the U.S. shale boom shows signs of slowing, the International Energy Agency ...

Russia in Flurry of Talks with Saudi, OPEC, Latin American Producers

Russia has been holding active, "unprecedented" consultations with the Organization of Petroleum Exporting Countries, a senior official said on Wednesday, a clear signal of Moscow's strive for higher oil prices.

Saudi Adamant on Electricity, Water Subsidy Reforms

Saudi Arabia should eventually consider raising its domestic water and power prices to limit rapid growth of consumption in the world's largest oil exporter, a deputy electricity minister said on Tuesday.

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.

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