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Saudi Arabia Oil & Gas News. Service for global professionals. Constantly updated news and information about Saudi Arabia.
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Latest Saudi Arabia Oil & Gas News

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  • New Dubai oil find a drop in the ocean of debt: Analysts 10 Feb 2010 00:13 GMT
    ... NICOSIA: Dubai's newly discovered oil field is unlikely to generate the big cash ... high as $170 billion, the emirate's oil reserves are a small fraction of neighboring Abu ... Dhabi. John Sfakianakis, chief economist at Banque Saudi Fransi, says the new discovery may be ...

  • No, a nuclear Iran would not be a good thing 10 Feb 2010 00:18 GMT
    ... less convincing they are. Arab governments like Saudi Arabia are already serious about al Qaeda, ... bomb won't help us "break OPEC," because oil exporters need the revenue. It's not going to ... business is to consume less oil and gas and wean ourselves from our futile efforts ...

  • Chiyoda Announces Its Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2010 10 Feb 2010 03:31 GMT
    ... future growth in the industrial demand for oil and gas applications. Accordingly, several final investment decisions on ... for a new export refinery project in Saudi Arabia, and a basic design and engineering ...

  • To Curb Iran's Nuclear Plans, U.S. Wants to Penalize Revolutionary Guards 10 Feb 2010 02:31 GMT
    ... for International Peace. “With an Israeli strike, oil prices would skyrocket.” Whether that argument persuades China ... to line up Persian Gulf countries, like Saudi Arabia and the United Arab Emirates, to ... including multibillion-dollar investments in its oil and gas sector. Some analysts also point to a ...

  • U.S. Eyes Sanctions on Revolutionary Guards to Curb Iran's Nuclear Plans 10 Feb 2010 03:10 GMT
    ... for International Peace. “With an Israeli strike, oil prices would skyrocket.” Whether that argument persuades China ... to line up Persian Gulf countries, like Saudi Arabia and the United Arab Emirates, to ... including multibillion-dollar investments in its oil and gas sector. Some analysts also point to a ...

  • Nigeria's deputy to step up formally 10 Feb 2010 00:18 GMT
    ... while President Umaru Yar'Adua remains hospitalised in Saudi Arabia. A similar motion sat yesterday before ... left Nigeria, a major kidnapping and a pipeline attack have occurred in the oil-rich Niger Delta despite an amnesty programme for ...

  • MPs tell Nigerian veep to take over 10 Feb 2010 00:50 GMT
    ... chief until President Umaru Yar'Adua returns from Saudi Arabia, where he has been receiving medical ... caused a cease-fire with militants in the oil-rich delta to unravel and had left no ... left Nigeria, a major kidnapping and a pipeline attack have occurred in the Niger Delta. ...

  • Nigeria: Vice president now acting president 10 Feb 2010 03:10 GMT
    ... he negotiated with insurgents in the country's oil-rich Niger Delta to unravel and oil contracts ... commander in chief until Yar'Adua returns from Saudi Arabia. There's no indication Yar'Adua will return ... Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, ...

  • Peak oil, prices, and supplies - Feb 8, updated Feb 9 9 Feb 2010 16:16 GMT
    ... Peak oil, prices, and supplies - Feb 8, updated Feb ... closely, because Hayward’s comments suggest he thinks oil prices will fall after 2020, as demand dies ... to 10m, putting it on par with Saudi Arabia. This makes it "a big part ...

  • Middle East energy, oil and gas briefs 9 Feb 2010 23:50 GMT
    ... Info, Abu Dhabi, United Arab Emirates, energy, oil and gas briefs By AME Info, Abu Dhabi, United ... Info, Abu Dhabi, United Arab Emirates Feb. 9--EGYPTIAN-SAUDI POWER LINKAGE PROJECT TO START IN JUNE: ...

  • Sovereign Debt Default Risk and the Price of Crude Oil 9 Feb 2010 13:57 GMT
    ... recovery. (Fig. 1) A steep drop in crude-oil prices triggered declines across the commodities spectrum, as ... and given the 'relatively' high price of oil/gas, their risk remains less of a concern ... exports. For oil-exporting countries like Russia and Saudi Arabia, a rise in oil prices caused ...

  • Price of Oil: A Significant Sovereign Risk Factor 9 Feb 2010 10:51 GMT
    ... economic recovery. ( A steep drop in crude-oil prices triggered declines across the commodities spectrum, as ... and given the 'relatively' high price of oil/gas, their risk remains less of a concern ... exports. For oil-exporting countries like Russia and Saudi Arabia, a rise in oil prices caused ...

  • Sovereign Risk and the Price of Oil 9 Feb 2010 18:30 GMT
    ... economic recovery. ( A steep drop in crude-oil prices triggered declines across the commodities spectrum, as ... and given the 'relatively' high price of oil/gas, their risk remains less of a concern ... exports. For oil-exporting countries like Russia and Saudi Arabia, a rise in oil prices caused ...

  • Endless Oil 9 Feb 2010 13:11 GMT
    ... the persons whose opinions were cited. Russian oil output is probably close to peaking, and ... every 3 consumed. According to a British Petroleum (BP) document, of 54 producing nations only ... have expected. Roughly two years ago the Saudi oil minister stated that his country would ...

  • Business leaders warn of impending oil crunch 9 Feb 2010 01:40 GMT
    ... Business leaders warn of impending oil crunch Richard Branson and other business leaders will ... energy watchdog Ofgem warned that electricity and gas may become unaffordable for an increasing number ... Davos. Khalid Al Falih, chief executive of Saudi Aramco, reassured delegates that fears over dwindling ...


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