Saudi Arabia's King Abdullah Petroleum Studies and Research Center in Riyadh is studying what happens to oil markets in a hypothetical world without OPEC, according to the Wall Street Journal and other reports.
Saudi Arabia is modernising, with a succession of huge projects by architects including Foster + Partners, Zaha Hadid Architects and Snøhetta either complete or underway....
The chief executive of state-owned oil producer Saudi Aramco said he planned to discuss the purchase of a stake in Novatek’s Arctic LNG-2 project with...
“We’re looking at what happens if there’s no spare capacity,” said Adam Sieminski, who heads up the King Abdullah Petroleum Studies and Research Center in...
Custodian of the Two Holy Mosques King Salman inaugurated and laid the foundation stone for several development projects in Hail on Thursday. Later, the King...
Saudi Arabian budget airline Flynas has said terms available from engine makers may determine whether it awards a multi-billion-dollar wide-body jetliner order to Airbus or...
The Organization of Islamic Cooperation (OIC) held its second symposium on efforts by member states to combat extremism and terrorism. Three sessions were presented during...
Now that American sanctions are in place against Iran’s oil, how does the U.S. government know whether any smuggling is taking place?
A second round of...
A $15 million Qatari cash infusion was paid out to impoverished Palestinian civil servants in the Gaza Strip on Friday, offering the enclave’s dominant Hamas...
Despite President Trump’s repeated claims that the Islamic State has been defeated, the militant group remains a deadly threat to minority populations in Syria, causing...
Conflict-wracked Libya is caught in a destructive cycle "fueled by personal ambition and the nation's stolen wealth" — and the way forward begins with a...
Women’s rights activists who have been calling for Tehran to end a ban on Iranian women attending men’s football matches have taken their campaign to...
Turkey-U.S. ties show signs of improvement after some troubled years, boosting optimism among investors in the nation’s assets that better days may lie ahead. Their...
Bloomberg
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Christian Berthelsen and Andy Hoffman |
11.9.2018
An unusual opportunity to export Iraqi fuel oil two years ago sounded like such a big moneymaker for Gunvor Group Ltd. that owner Torbjorn Tornqvist...
