Korea Electric Power (KEP) said late Wednesday it was awarded a contract ​with Saudi oil giant Aramco (ARMCO), valued at $1.4B, to build and operate Phase 2 of a cogeneration power plant at Saudi ...

March 2 (Reuters) - Saudi Arabia shut its biggest domestic oil refinery on ⁠Monday ⁠after a drone strike, a source said, ⁠as Israeli and U.S. strikes and Iranian retaliation forced shutdowns of oil ...

Robust economic fundamentals and a diversified infrastructure for the transport of crude oil and other goods are shielding Saudi Arabia from the worst impacts of the US-Israeli war with Iran, ...

Saudi Arabia has long been seen as the world’s “swing producer,” but analysts argue its true spare production capacity may be far lower than official claims suggest. ast attacks—such as the 2019 ...

Saudi Arabia has returned its 7-million b/d East-West crude oil pipeline to full pumping capacity. Volumes had been reduced by 700,000 b/d following attacks earlier in the Iran War. The country’s ...

At least for the next few years, Iran’s ability to pressure its neighbours remains high. Read more at straitstimes.com. Read ...

Saudi Arabia is expected to burn more imported fuel oil for power generation this summer following ​a loss of natural gas ...

Iraq has the fifth largest proven oil reserves in the world, estimated at 145 billion barrels, representing about 17% of total Middle Eastern reserves and around 9% of global reserves, according to ...

DHAHRAHN — In 1933, a historic agreement between Saudi Arabia and Standard Oil of California (Socal) marked the beginning of a partnership that would reshape the Kingdom’s future and elevate it to ...

Japan's Prime Minister Sanae Takaichi on Thursday requested cooperation from the world's top crude oil exporter, Saudi Arabia, in expanding energy deliveries to Japan amid the ongoing supply crunch.