Saudi Arabia is pumping as much as 11.2 million barrels of crude a day, the most since the kingdom extracted its first oil eight decades ago,...
Saudi Aramco aims to become a global refiner and chemical maker, seeking to profit from parts of the oil industry where demand is growing the fastest...
Saudi Aramco is still considering a range of options to finance the acquisition of a controlling stake in the country’s largest chemical company, according to people...
The board of directors of Oman Oil Company (OOC) and Oman Oil Refineries and petroleum industries company (Orpic) announced the appointment of Mr. Musab Abdullah Al...
Petroleum Development Oman (PDO) has signed a Memorandum of Understanding (MoU) with the Ministry of Education and Ministry of Higher Education to sponsor the training of...
Saudi Industrial Export Co., the best performing stock in Saudi Arabia this year, has escaped recent volatility in the kingdom’s market and is seeking a new...
Saudi Basic Industries Corp. posted a 5.4 percent increase in third-quarter profit, meeting analysts’ estimates. Net income rose to 6.1 billion riyals ($1.63 billion) from 5.8...
As the sun reaches its crest over Oman’s sandy landscape, temperatures soar past the point at which it can melt a road. The searing heat triggers...
Iraq is fast becoming a global oil powerhouse, gaining stature in OPEC after it surpassed Canada this year as the world’s fourth-biggest producer. But the war-ravaged...
The Sultanate continued investments in the oil and gas sector despite the oil price drop since 2014, HE Dr. Mohammed bin Hamad Al Rumhy, Minister of...
