Saudi Yasref Oil Plant Running at Capacity as Margins Improve
Yasref oil refinery, a joint venture between Saudi Arabian Oil Co. and China Petroleum & Chemical Corp., is processing crude at full capacity of...
As big oil shrinks, boards plot different paths out of crisis before it's too...
As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead...
Russia overtakes Saudi Arabia for second time in China crude supply
Russia supplied a record amount of crude oil to China in September, surpassing Saudi Arabia for the second time as the top seller to...
Asian shares rise as G20 meeting begins
Asian stocks rallied on Friday after China's central bank chief said Beijing still has enough monetary firepower to keep the world's second-largest economy on...
Saudi health & beauty sector valued at $10.7b
Reed Sunaidi Exhibitions has underscored the growing importance of the health and beauty sector in Saudi Arabia by organizing the Saudi Health & Beauty...
Domestic focus may limit clout of $2 trillion Saudi fund
Saudi Arabia aims to create the world's biggest sovereign wealth fund, a $2 trillion behemoth that can throw its weight around global markets, but...
Oil prices steadier after gains
Oil prices were steady Monday after last week's rally, as traders reacted to renewed oversupply concerns spurred by an increase in US rigs output,...
Britain's FTSE 100 climbs as Glencore gains
Britain's top share index rose nearly 3 percent on Monday, with a surge in Glencore after a volatile week leading mining companies higher.
Glencore shares...
IMF urges Gulf states to bring in taxes
The International Monetary Fund chief urged on Monday oil-exporting Gulf countries to introduce taxes, warning that low crude prices are likely to stay for...
Dubai announces first airport tax on passengers
The emirate of Dubai, whose airport is the world's busiest for international passengers, announced Wednesday it was introducing a tax on travellers to help...
