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, ...

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.

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 ...

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 ...

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 ...

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 ...

16 November 2003RIYADH- Petroleum and Mineral Resources Minister Ali Al-Naimi yesterday signed a historic agreement with oil giants Royal Dutch Shell and TotalFinaElf, and said the pact reflected the ...