Saudi Arabia

Cost fears have reportedly led Saudi Arabian state-controlled oil company Saudi Aramco to cancel a planned redevelopment of the Dammam oilfield. According to a report in Reuters,... 2008-12-01

Saudi Arabia's state-owned Saudi Aramco has announced that it has cancelled a contract for the development of the Manifa oil field that it awarded to Italy's Snamprogetti, a... 2008-11-19

French oil major Total said on November 12 that the award of construction tenders for its US$10bn Jubail refinery joint venture (JV) with Saudi Aramco has been delayed because of... 2008-11-17

Saudi Aramco and US major ConocoPhillips have announced that they will delay the bidding process for the construction of a planned oil refinery at Yanbu until the uncertainty... 2008-11-07

Saudi Arabian state-controlled oil company Saudi Aramco has said that an economic downturn will not impede its current investment plans. Khalid Buraik, executive director of affairs... 2008-11-06

Saudi Arabian oil minister Ali Al-Naimi has said the 1.2mn barrel per day (b/d) Khurais oil field development will start producing in June 2009. Naimi was speaking following the October... 2008-10-27

Saudi Arabia's Ministry of Petroleum and Mineral Resources has announced that the licensing process for the construction of a 250,000-400,000 barrels per day (b/d) refinery in the... 2008-10-06

Saudi Arabia's cabinet has approved an agreement that extends Chevron's exploration and production (E&P) licence in the onshore Partitioned Neutral Zone (PNZ), an area that is... 2008-09-10

The weekend has seen some spectacular losses in the Gulf stock markets, in line with our bearish view. There is not much to pick between them: they all look as bad as each other,... 2008-08-11

Saudi Arabia has announced that it will boost output to 9.7mn barrels per day (b/d) in July. This would represent a rise of 550,000b/d since April and would increase Saudi's production... 2008-06-16