Saudi-Iran tensions may threaten any OPEC deal
OPEC's thorniest dilemma of the past year - at least from a purely oil standpoint - is about to disappear.
Less than six months after...
Oil prices hold steady
Oil steadied Thursday as traders digested rising crude inventories and falling output in the United States, alongside hopes that talks among major producers could...
MIDEAST STOCKS-Oil weakness may dampen Gulf, land tax plan hit Saudi
Oct 20 Middle East stock markets may be soft on Tuesday because of weak oil prices and global equity markets, while progress towards imposing...
US Solar Technology Firm Successfully Partners With Saudi Arabian Investor
Solexel, a leading US-based producer of high-performance solar PV technology, has successfully finalised a round of financing that included Riyadh Valley Company, the venture...
Saudi Aramco expects oil prices to rise by end of 2016
Saudi Arabia's state-owned oil giant expects oil prices will climb toward the end the year, saying the current price of around $30 a barrel...
Russian oil chief Sechin: OPEC unity effectively extinct
OPEC is effectively extinct as a united organisation and the time when it could determine global oil market conditions should be forgotten, Igor Sechin,...
GE announces deals worth over $1.4 billion with Saudi Arabia
General Electric Co. said Monday it made a series of deals with Saudi Arabia worth over $1.4 billion as part of the kingdom's ambitious...
Saudi says to ensure Binladin Group resolves wage issue
The Saudi labour minister vowed Tuesday to ensure the Binladin Group keeps a promise to resolve wage issues, amid reports of thousands at the...
Low oil price chance for Gulf economic reforms
The sharp drop in the price of oil, the lifeblood of Gulf economies, is an opportunity to end subsidies and introduce reforms in the...
Ambitious Saudi economic reforms up against 'vested interests'
Saudi authorities will have to confront a range of vested interests if they hope to pull off an ambitious plan to diversify the economy...
