Aramco hails Egyptian drilling's consistent record performance Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, affirmed... Businessmen Team 19 May 2025 During the company's general assembly, he added that the ministry supports the Egyptian Drilling Co...
SABIC shareholders approve sale of stake in Alba for SAR 3.6 billion SABIC shareholders approved, during their Ordinary General Assembly meeting, the... Businessmen Team 10 Apr 2025 SABIC said in a statement on Tadawul that Vice Chairman of the Board of Directors, Mohammed bin Yah...
Saudi Arabia to boost oil production by 1 million bpd by 2026, says Bloomberg Saudi Arabia plans to add 1 million barrels per day... Businessmen Team 10 Dec 2024 The country's oil production will increase from around 8.9 million barrels per day in January 2025...
Saudi Arabia deepens oil price cuts for Asian buyers Saudi Arabia has significantly reduced its oil prices for Asian... Businessmen Team 09 Dec 2024 Saudi Aramco, the state-owned oil giant, announced that its flagship Arab Light crude will trade at...
Saudi oil export revenues decline for fourth consecutive month Saudi Arabia's oil export revenues fell for the fourth consecutive... Businessmen Team 24 Nov 2024 Official data indicates a 24.5% year-over-year decrease in Saudi Arabia's oil revenues in September...
Taqa Arabia launches gas distribution in KSA Egypt's Qalaa Holdings subsidiary, Taqa Arabia, announced that it will... Businessmen Team 14 Nov 2024 Kifafi added in a statement that the new company aims to expand operations in natural gas distribut...
Saudi Arabia to build LNG tanker fleet Saudi Arabian shipping company El Bahari is set to expand... Businessmen Team 20 Sep 2024 El Bahari CEO Ahmed Ali Al-Subaey revealed plans to build between 20 and 30 new gas carriers throug...