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Mining & Quarrying News
Oil market already moving in right direction
Arab News
August 27, 2016
Khalid Al-Falih, minister of energy, industry and mineral resources, tempered expectations that the world’s major oil producers would look to freeze p...
 
Oil prices fall as Saudi Arabia dampens prospects of output freeze
Gulf Today
August 26, 2016
Oil prices fell on Friday after the Saudi energy minister tempered expectations of strong market intervention by producers during talks next month, an...
 
Deputy crown prince to showcase Vision 2030 at G20
Arab News
August 26, 2016
Deputy Crown Prince Mohammed bin Salman will brief the leaders taking part in the G20 summit, to be held in the eastern city of Hangzhou, China, on Se...
 
Saudi Arabia holds China market share lead on record oil output
Gulf in the Media
August 25, 2016
Saudi Arabia kept its spot as China’s biggest oil supplier for the first seven months this year after pumping record output in July, even as Russia th...
 
Saudi Aramco could reduce stake in $5.5bn Indonesia refinery project
Arab News
August 25, 2016
Oil and gas giant Saudi Aramco may reduce its stake in a proposed $5.5 billion refinery project in Indonesia, the country's energy minister said. ...
 
KSA reliable oil supplier
Arab News
August 25, 2016
As part of a major initiative to bolster ties between the Kingdom and Japan, Deputy Crown Prince Mohammed bin Salman is visiting Japan where he will h...
 
Oil price hike gives GCC near-term relief
Khaleej Times
August 24, 2016
The GCC countries will face some near-term relief from the current higher oil prices, but the hike is unlikely to have a major impact on GCC sovereign...
 
Saudi diversification affirms UAE as regional trading hub
Khaleej Times
August 23, 2016
The Saudi economy's diversification will promote UAE's position as a regional trading hub, said Jules Kappeler, chief executive officer GCC, Euler Her...
 
Saudi Arabia to discuss energy ties with China, Japan
Khaleej Times
August 23, 2016
Saudi Arabia, the world's top oil exporter, plans to discuss energy cooperation agreements with China and Japan, the Saudi cabinet said on Monday. ...
 
Qatar to benefit from oil spike in short-term
The Peninsula
August 23, 2016
Even as low oil price environment continues to have material, and in some cases profound, implications for economic growth and the balance sheet of GC...
 
Kingdom continues its leading role
Arab News
August 22, 2016
While central bank officials are well aware that any statement can have an impact on monetary policies, OPEC is too starting to learn this lesson. ...
 
Opec freeze wouldn't be so potent as Gulf rivals pump more
Saudi Gazette
August 20, 2016
Even if Opec strikes a deal with Russia next month in Algiers to freeze oil production, success will mean a lot less than when they tried and failed f...
 
Saudi crude and refined-product exports hit seasonal record
Saudi Gazette
August 20, 2016
Saudi Arabia raised its combined crude oil and refined-product exports to 8.83 million barrels a day in June, the highest on record for that month and...
 
Qatar's oil products demand at record high on planes
Gulf Times
August 19, 2016
Qatar’s demand for oil products, boosted by an expanding airline and a pre-World Cup spending spree, is bucking a trend of slower consumption growth a...
 
Saudi crude oil exports rises in June
The Peninsula
August 18, 2016
Saudi Arabia's oil exports rose in June as the kingdom kept the market well supplied, pumping near record high levels of crude to feed rising both loc...
 
Saudi Arabia's oil output may hit new record
Khaleej Times
August 18, 2016
Saudi Arabia is sending signals that it could boost its crude oil supplies in August to a new record level, overtaking Russia, the world's top oil pro...
 
Saudi Arabia oil demand growth at six-year low
Oman Daily Observer
August 17, 2016
Oil consumption in Saudi Arabia, the world’s biggest crude exporter, is expanding at the slowest pace in at least six years as low energy prices hurt ...
 
Top Saudi Aramco and ADNOC executives to open GPCA Forum
Arab News
August 17, 2016
The Gulf Petrochemicals and Chemicals Association (GPCA) has named the keynote speakers for the 11th Annual GPCA Forum. Themed Competitiveness: Rid...
 
Oil trades near $46 as hopes of Opec output cut dimmed
Arab News
August 17, 2016
Oil traded near $46 a barrel after the biggest three-day gain since April as Nigeria’s oil minister signaled the prospect of production cuts from Orga...
 
Russia, Saudi Arabia restart oil output talks
Khaleej Times
August 16, 2016
Russia, the world's top oil producer, is consulting with Saudi Arabia and other producers to achieve oil market stability, Energy Minister Alexander N...
 

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