(Bloomberg) — Saudi Aramco, the world’s biggest oil producer, will buy a majority stake in local chemical giant Sabic from the kingdom’s sovereign wealth fund for $69.1...
Initiatives are in place to establish Oman as a centre for energy technologies and innovation in the region. SparkLabs Energy’s inaugural Demo Day recently showcased the...
Shell Development Oman (SDO) has launched its 2019 edition of ‘Shell Professional Courses’ programme, geared towards equipping participants with vital soft skills in critical thinking and...
Shell CEO Ben van Beurden and HE Dr. Mohammed bin Hamad Al Rumhy, Minister of Oil & Gas (MOG), have signed an Interim Upstream agreement that...
Abu Dhabi’s government-owned oil giant received the region’s highest credit rating as Middle Eastern producers, including the world’s largest Saudi Aramco, pursue international investors and seek...
Standard Chartered Plc and BNP Paribas SA are among about a dozen banks likely to be added as co-managers for Saudi Aramco’s landmark international bond sale,...
Facilities Management (FM) companies are now starting to go through a significant transformation to catch up with the new demands in the marketplace. Competing in the...
The Middle East was a bright spot for global liquefied natural gas (LNG) demand in 2015. Now imports have plummeted so much that it could take...
Saudi Arabia expects to reduce oil output once again in February and pump for six months at levels “well below” the production limit it accepted under...
Satorp, the joint venture between Saudi Aramco and Total SA, hired Sumitomo Mitsui Banking Corp. and Riyad Bank to help raise funds to develop a petrochemical...
