Microsoft's Gates to start multi-billion-dollar clean tech initiative
Microsoft co-founder Bill Gates will launch a multi-billion-dollar clean energy research and development initiative with heads of state on Monday, the opening day of...
Riyadh forum big boost for business
Custodian of the Two Holy Mosques King Salman will patronize the 7th Riyadh Economic Forum on Tuesday at Riyadh International Center for Exhibition and...
OPEC oil production rises in September
OPEC oil output has risen in September from the month before, a Reuters survey found, as Iraq’s northern exports recovered from disruption that had...
$30 oil is 'irrational' and a rebound is 'inevitable,' according to Saudi Arabia
Saudi Arabia thinks oil prices at $30 per barrel are “irrational.”
According to a report in The Financial Times, Khalid al-Falih, chairman of the state-owned...
Turkey’s central bank raises rates again, says ready to tighten further
Turkey's central bank ramped up its benchmark interest rate to 17.75 percent on Thursday, taking another step to assert its independence, two weeks after...
Iraq asks BP to study developing Kirkuk oilfields
Iraq has asked British energy giant BP to draft a study on boosting production in all the oilfields of northern Kirkuk province, Oil Minister...
Saudi signs $156 million programs with U.N. to help Yemenis
Saudi Arabia has agreed to implement three executive programs worth over $156 million aimed at extending humanitarian aid to Yemen.
Dr. Abdullah Al-Rabeeah, adviser at...
Oil prices rebound after slump
Oil prices rebounded slightly on Tuesday despite lingering market concerns regarding oversupplies.
US benchmark West Texas Intermediate for delivery in December rose 37 cents to...
Premier Oil cuts back on spending and beats production target
Premier Oil has cut full-year capital expenditure as the oil producer deferred some project development and exploration spending into 2016, it said on Thursday.
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Britain's FTSE ends lower as commodity stocks slump
Britain's top share index surrendered its earlier gains and ended lower on Monday, with commodity shares coming under severe pressure after prices of crude...
