Iran could decide fate of first global oil deal for 15 years
The fate of the first global oil deal in 15 years could be decided on Wednesday when OPEC members travel to Iran to persuade...
OPEC watching Iran and Russia, unlikely to cut output in June
OPEC is very unlikely to cut output at its next meeting in June, even if prices remain extremely low, according to OPEC sources and...
Bahrain raises debt ceiling to 15 bln dinars to finance public spending
DUBAI (Reuters) - Bahrain's government has raised its debt ceiling to 15 billion dinars ($39.79 billion) from 13 billion dinars to help finance public...
Global stocks fail to find solid footing after meltdown
Stocks worldwide resumed their downward slide Tuesday a day after a massive sell-off as investors failed to shake off dogged fears over economic weakness,...
South Korea builder confident of $20 billion Saudi housing deal
A South Korean constructor that jointly won a $20 billion housing deal with Saudi Arabia said Monday it was confident the project would go...
Saudi supercomputer on top 10 most powerful list
JEDDAH: A Kingdom-based supercomputer has entered the top 10 list of the most powerful computers on the planet.
The Shaheen II is based at King...
Iraq's oil exports in February fall below planned levels
Iraq's Oil Ministry said Tuesday that crude exports averaged 3.225 million barrels a day in February, far below levels planned to provide the nation...
Oil bosses fight for relevance before climate talks
Oil and gas industry leaders on Friday launched a final charm offensive to highlight the sector's relevance in the global fight against climate change...
Qatar acquires stake in Chevron oil project off Morocco
The Qatari state oil company, Qatar Petroleum, says it has reached a deal with Chevron to acquire 30 percent of its stake in offshore...
Twitter-KSA anti-terror partnership grows
LONDON: Saudi Arabia requested Twitter to disclose the identity of 93 users, suspected of having terror links.
According to the transparency report issued by the...
