Saudi Arabia snapped up about $1 billion worth of stock in four European oil companies, The Wall Street Journal reported on Wednesday. The kingdom took advantage of the coronavirus sell-off and slump ...

The FINANCIAL — Shell has completed the sale of its 50% share in SADAF, the petrochemicals joint venture, located in Al Jubail, in the Kingdom of Saudi Arabia to SABIC for $820 million. This sale was ...

Gas found in the southern Rub al-Khali region is for the domestic market, but Saudi Arabia is looking ahead to substantial discoveries that will allow the surplus to be exported. The Isharat 1 well, ...

LONDON (Dow Jones)--Saudi Arabia, the world's largest energy producer, may benefit from importing liquefied natural gas to boost domestic supply and maximize profits from oil exports, a Royal Dutch ...

Amsterdam, 30 November 2020 (Regulated Information)---The Saudi Arabian Oil Company (Saudi Aramco), Shell & AMG Recycling B.V. signed a memorandum of understanding (MOU) to evaluate the feasibility of ...

KARACHI, Pakistan, Nov 1 (Reuters) - Shell Pakistan SHEL.PSX on Wednesday said its parent company's unit, Shell Petroleum Company, has signed a deal with Wafi Energy to sell the domestic operations.

The Anglo-Dutch supermajor has decided against ploughing any further investment into the project in the Rub Al-Khali (Empty Quarter) area in south-eastern Saudi, upstream director Andy Brown told UK ...

Discover everything about the Saudi Riyal (SAR), from its historical origins and fixed USD exchange rate, to its impact on the Kingdom's oil-based economy.

KHOBAR, Saudi Arabia/DUBAI (Reuters) - Saudi Basic Industries Corp (SABIC) <2010.SE> has signed an agreement to acquire the 50 percent that it does not already own in its petrochemical venture with ...

JEDDAH, Saudi Arabia (CBS.MW) -- Oil giants ExxonMobil and Royal Dutch/Shell are set to win leading roles in two coveted gas projects in Saudi Arabia's landmark gas opening, according to a published ...

Saudi Arabia Oil Co.’s senior management reshuffle is more than just a game of high-level musical chairs at any old energy company. The oil giant faces an uphill battle to meet promises made before ...