SAUDI Arabia has been preparing to make a multibillion-dollar bet on hydrogen, and will launch a new company to produce the ...

Saudi Arabia is preparing to make a multibillion-dollar bet on hydrogen and will launch a new company to produce the much ...

Bapco Upstream has awarded a $288m (BD108.56m) contract to Jereh Oil & Gas Engineering, a unit of the Chinese oilfield ...

Saudi Arabia's construction output is likely to grow at an annual average growth rate of 5.1% between 2025 to 2028 supported ...

Earlier this month reports emerged that Saudi Arabia's non-oil activities experienced a 2.2 percent increase in June compared ...

Oil giant Saudi Aramco will offer sukuk investors new debt this week after some could not buy its previous Islamic issuance due to very low yields. Aramco, rated A1/—/A+, is meeting investors on ...

The government of Kenya will distribute 8.5 million subsidised gas cylinders to low-income households across the country to ...

Oil-storage tanks at a key US crude hub have drained to near their bottoms as a massive new pipeline in Canada diverts flows elsewhere, muddying market signals that traders have long relied on.

Russia has approved the construction of a fuel pipeline in the Democratic Republic of Congo as part of its latest investment in African infrastructure. The pipeline will ship refined petroleum ...

Italian oilfield services player Saipem has confirmed the awarded of a new offshore contract with Saudi Aramco for the development of the giant Marjan field in Saudi Arabia. The deal takes place ...

Italy’s Saipem has won a new offshore contract worth around $2bn from Saudi Aramco, for the development of the Marjan field in Saudi Arabia. The work scope covers the engineering, procurement ...