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Saudi Arabia said it would cut oil production by another 1m barrels a day from next month, furthering its effort to shore up oil prices. Kuwait and the United Arab [...]

OPEC oil output has risen in August for the first month this year as higher supply from Iraq and Nigeria outweighed restraint by top exporter Saudi Arabia and losses caused [...]

Riyadh finally seems to be stepping up the pace of economic reform. Foreign investors are to be allowed much greater access to the Tadawul All Share Index (TASI) and will [...]

An overview on the developing petrochemical industry in Saudi Arabia, and its potentiality to become a global petrochemical hub by 2010 is discussed.

Saudi Arabia has plans to launch a new renewable energy programme, expected to involve investment of between $30bn and $50bn by 2023, within the next few weeks, the Kingdom's Energy [...]

The power sector in Saudi Arabia is considered to be stable even though the price of oil has fallen. There is potential for new projects in the region because the likely demand for electricity over 20 years is immense. The Shoaiba project will involve the private sector. Falling oil prices, increased competition from IPP operators and the economic crisis in South-East Asia all make Saudi Arabia an attractive location for new projects. However, the legal system, current electricity tariffs, repayment plans and the structure of the industry all pose potential problems., This article is the second of a two-part series jointly written by Arab National Bank and Taylor-DeJongh that examines the ongoing electricity requirements of the Kingdom of Saudi Arabia. Below [...]

As the country with the largest proven oil reserves in the world, it is perhaps surprising that Saudi Arabia was the first Gulf country to consider the potential for alternative [...]

Electricity demand in the Gulf states is growing by three times the world average, and threatens even more power shortages in the next few years. But thanks to investments of [...]

While the world's attention has focused on Iran's nuclear ambitions, other players in the Middle East have been laying their own plans to develop nuclear power to meet future energy [...]

Derek BrowerLONDONSaudi oil minister Ali al-Naimi spoke in Berlin on 4 March, giving his view of the market and explaining the kingdomâs oil policy. The speech raised more questions than [...]

Oil markets are bracing for an oil price collapse in 1991 even as war rages in the Persian Gulf. With the perception growing that the long feared threat of losing [...]

Byline: Dr. Anas When a “NO” shakes the world A Vol. 236 No. 1OIL AND GAS IN THE CAPITALS DR. ANAS F. ALHAJJI, CONTRIBUTING EDITOR, MIDDLE EAST When a aNOa [...]

/Saudi Arabia's decision not to cut development spending in its 2015 budget, despite a sharp fall in oil revenue, indicates that the kingdom will resist pressure from other oil producers [...]

Western oil companies may not be allowed to make equity investments in the Middle Eastern upstream sector any time soon. Despite the flurry of speculation about the possibility of Western companies being allowed to take equity positions in low-cost oil reserves, their re-entry into the upstream sector looks somewhat unlikely given rising religious and economic tensions in Saudi Arabia and the growing complexity of geopolitics in the Gulf region., The re-entry of Western oil companies into equity ownership of Middle Eastern oil reserves is frequently a topic of discussion in Western and Middle Eastern capitals, but the complexity of [...]

Saudi Arabia met with the seven major US petroleum companies to discuss the possibility of their participation in the country's energy industry. The meeting marks the first time that the Saudis approached oil companies instead of the other way around. Saudi Arabia's decision to open its oil reserves to foreign development is part of its effort to alleviate the country from economic difficulties., Not for the first time in recent history, the Saudis are talking to the oil majors, presumably about the possibility of them participating in the country's upstream sector It would [...]

Nations that cling to petroleum as a leading energy source should take notice: The nation with the largest oil reserves is diversifying its energy sector, developing nuclear and solar sources. [...]

Saudi and Chinese petrochemical companies have taken divergent approaches to global M&A owing to the very different conditions under which they operate Indian drugmakers are expected to increase their share [...]

Saudi Arabia is set to grab at least 13% of the world's share of total petrochemical capacity by 2009. This will represent a 50% increase over the past decade. Despite [...]

The kingdom is reasserting its influence on oil markets in an attempt to keep prices above $60/b, writes James Gavin THE SAUDI response to the recent dip in oil prices [...]

[TABLE OMITTED] In a sign that gas availability remains problematic, Saudi Arabia has decided to run its independent power project at Ras al-Zour on crude oil, rather than natural gas. [...]

Saudi Arabia plans to offer a 250,000-400,000 b/d refinery to the Saudi private sector, Reuters reported, citing an oil ministry advisor. The refinery would be built in Jizan on the [...]

Electricity demand is outstripping supply Utilities have, in the past, been available at highly subsidised rates. This pricing structure, together with rapid population growth, has placed increased demands on existing [...]

OPEC's Secretary General has said Iran and Libya will not follow Iraq's example and introduce a temporary embargo on oil exports in protest at the Israeli-Palestinian conflict. That has not [...]

International oil company (IOC) executives were awaiting government memoranda of understanding (MoUs) in mid-April for the kingdom's gas initiative. Ten IOCs submitted detailed proposals in February to develop the initiative, [...]

Saudi Arabia -- Saudi Arabia began the new year by introducing unleaded gasoline on January 1 in an effort to combat air pollution in the oil rich kingdom. The official [...]

The decision by the oil producing cartel Opec in Vienna last month to cut oil output by 5% or around 1.5 million barrel a day, following the $10 a barrel [...]