Saudi Arabia may cut May oil prices for Asia to three-month low
Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the steep ...
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Chinese contracting giant teams up with Aramco for new Saudi offshore fabrication yard
Proposed yard will support offshore projects in Saudi Arabia with local fabrication and engineering services led by COOEC ...
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Frontrunner emerges for offshore expansion project on giant Saudi Aramco field
Project is part of Aramco's coveted long term agreement framework, which has offered EPCI contracts worth $2 billion to $3 ...
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Rise in Non-Oil Exports Strengthens Saudi Arabia’s Economic Diversification Efforts
Saudi Arabia’s non-oil exports continued their upward trajectory, reflecting the Kingdom’s ongoing efforts to diversify its economy. According to data from the General Authority for Statistics (GASTAT ...
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Jafurah gas field seen big boost to Saudi economy
A giant gas field being developed by Saudi Arabia in its eastern desert region will largely boost its economy and increase export of associated products, according to a Saudi think-tank. The Gulf ...
Raymond James Sees Biggest Crop of New Oil Projects in a Decade
A flurry of oil projects from Brazil to Saudi Arabia are set to come online this year, providing the biggest infusion of new crude production in more than a decade.
S&P lifts Saudi Arabia's rating on sustained economic shift away from oil
Global ratings agency S&P raised Saudi Arabia's rating to 'A+' from 'A' with a stable outlook on Friday, underpinned by the ...