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Saudi Arabia Oil Trading News

Saudi Arabia Oil Trading News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Saudi Arabia Oil & Gas.

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Saudi hails 'perfect' oil price, stable market 5 Dec 2009 16:15 GMT
... Saudi Arabia said on Saturday that oil prices were "perfect" and the global market ... ministerial meeting of the Organisation of Arab Petroleum Exporting Countries (OAPEC). Kuwaiti Oil Minister Sheikh ... prices jumped above 80 dollars before easing. Crude prices tumbled on Friday in volatile trade, ...
Investors shrug off Dubai debt crisis 5 Dec 2009 15:50 GMT
... neighbouring Dubai's debt crisis in the first trading day on the Riyadh market in nearly ... per cent on the Riyadh exchange, which trades on a Saturday-Wednesday week. SABB Bank, the ... that the Saudi economy, heavily anchored by oil exports, remains sound. 'We trust our government. The ...
Saudi investors shrug off Dubai debt crisis 5 Dec 2009 15:13 GMT
... largest equities market sank 2.3 percent when trading opened for the first time after the ... 2.35 percent on the Riyadh exchange, which trades on a Saturday-Wednesday week. SABB Bank, the ... that the Saudi , heavily anchored by oil exports, remains sound. "We trust our government. The ...
Arab OPEC members agree to maintain production 5 Dec 2009 14:04 GMT
... support for maintaining production quotas, saying the oil price is satisfactory and the market is stable. ... jumped above US$80 a barrel before easing. Crude prices tumbled on Friday in volatile trade, succumbing to a stronger dollar following an ...
Dubai crisis hits Saudi stocks 5 Dec 2009 12:52 GMT
... percent but then recovered slightly in early trading on Saturday as Dubai's troubles spread to ... for the Muslim Eid al-Adha holiday, and traders had not had a chance to react ... and other Saudi analysts said that the oil giant's economy had a strong footing and little ...
Recession impact: Gulf region is global petrochem hub 5 Dec 2009 12:40 GMT
... DUBAI: The global petrochemical industry's centre of gravity ... sustainability into their growth agendas. Saudi Arabian petroleum and mineral resources minister Ali Al-Naimi will ... recession-hit year has seen an increase of trade issues, with some importing nations raising dumping ...
Voting present on Iran 5 Dec 2009 12:18 GMT
... of foreign cash as the world's fourth-largest oil producer, with about 4 million barrels pumped each ... earlier, he did the same with the Saudi king. He has deferred to Russia about ... China concerning human rights, global warming, free trade and Tibet. Apparently, Iran has watched this new, ...
Neither peace nor quiet 5 Dec 2009 12:18 GMT
... else can popular dissatisfaction be deflected? Take Saudi Arabia. Israel long ago proved itself to ... night sermons. Why would a Saudi prince trade that for an invitation to dine in Jerusalem? ... the Middle East keeps the price of oil higher than it would be were a durable ...
High seas drama 5 Dec 2009 10:51 GMT
... booming. On Monday, Somali brigands commandeered an oil tanker with $20 million worth of crude en route from Saudi Arabia to the ... dinghies. Somalis are being drawn to the trade by large ransoms paid for commercial ships. ...
Saudi markets open lower after extended holiday 5 Dec 2009 09:51 GMT
... the last two days of the week's trading, regaining a major part of the losses ... governing coalition. The governm... Vienna - The oil price of the Organization of the Petroleum Exporting Countries (OPEC) moved up only slightly ...
BEAUTY VISION for Middle East's $2 bn beauty industry 5 Dec 2009 09:31 GMT
... sells results. BEAUTY VISION is a unique trade show, aimed at serving the needs of the ... growing markets of South Asia, emerging Africa, oil-rich Russia and the Gulf states, Iran, Central ... GCC countries – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE – will continue ...
A history of climate change 5 Dec 2009 08:56 GMT
... by greenhouse gases. Al-Ghawar, the world's largest oil field, is discovered in Saudi Arabia. The find ... the next decade. The European Union Emission Trading Scheme, a "cap and trade" system that allows polluters to buy carbon ...
Recession reinforces ME's position as global petrochemical production hub 5 Dec 2009 07:36 GMT
... Over the next 5 years, 19 million metric ... recession-hit year has seen an increase of trade issues, with some importing nations raising dumping ... and countries. H.E. Ali Al-Naimi, Minister of Petroleum and Mineral Resources, Kingdom of Saudi Arabia, ...
Crude Oil Declines to Seven-Week Low as the Dollar Surges 5 Dec 2009 07:18 GMT
... Dec. 4 (Bloomberg) -- Crude oil fell to a seven-week low as the ... in Cairo before a meeting of Arab petroleum ministers. Inventories of oil “are coming down,” ...
OPEC should maintain output: Arab oil ministers 5 Dec 2009 05:32 GMT
... Cairo: Arab oil ministers of OPEC said on Friday that ... when it meets later this month as crude prices are close to the target of ... a conference of the Organisation of Arab Petroleum Exporting Countries (OPEC) from Saturday. "We still ...

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11th Southern African Energy Conference 2010 provides a timely, in-depth management assessment for decision-makers on key strategic shifts that will impact all aspects within Africa's most energy-critical region [26 Nov 2009]

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EIN News Columnists

The Success of Obama's Strategy Depends on A Very Shaky Pakistan (Joe Rothstein's Commentary) [05 Dec 2009 - 02:57]
Britain's Officials Tell The Truth About the White House Lies That Led to Iraq (Joe Rothstein's Commentary) [30 Nov 2009 - 20:38]

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Oil & Gas Prices News

Saudi hails 'perfect' oil price, stable market [05 Dec 2009 - 16:29]
Oil prices perfect: Saudi oil minister [05 Dec 2009 - 16:29]
Saudi oil minister says happy with oil price [05 Dec 2009 - 15:28]
Saudi minister calls current oil prices 'perfect' [05 Dec 2009 - 15:27]
Oil prices 'perfect': Saudi oil minister [05 Dec 2009 - 14:48]

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Oil & Gas Companies News

Total, Exxon Mobil most fined polluters in Texas [05 Dec 2009 - 16:27]
El Paso Pipeline Partners Up 24.2% Since SmarTrend's Buy Recommendation [05 Dec 2009 - 15:47]
UPDATE: Chevron's Tepco Deal Continues Asia Energy Trend [05 Dec 2009 - 13:29]
Chevron Signs Tepco Deal To Supply LNG,Sell Stake In Wheatstone [05 Dec 2009 - 13:29]
UPDATE:Valero Refinery Explosion In Texas City Kills 1, 2 Hurt [05 Dec 2009 - 13:29]

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Oil & Gas Trade News

Canada says China to increase canola oil imports [05 Dec 2009 - 16:27]
Azerbaijan's oil exports via Russian pipeline up 110% in Nov. [05 Dec 2009 - 12:51]
India-UAE 2-way non-oil trade rises 53.4% in 2008-09 [05 Dec 2009 - 09:54]
OIL FUTURES: Crude Ends Near 2-Month Low On Stronger Dollar [05 Dec 2009 - 06:55]
Bolivian revenues from gas exports fall over $1 bn [05 Dec 2009 - 04:14]

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Oil & Gas Production News

Chinese domestic natural gas production to reach 486 billion cubic meters by 2013 [05 Dec 2009 - 15:47]
Arab OPEC members agree to maintain production [05 Dec 2009 - 14:27]
Libya delays oil output capacity boost to 2017 [05 Dec 2009 - 14:09]
OPEC "OK" With $75 Oil [05 Dec 2009 - 13:29]
Suncor Energy Reports Oil Sands Production Numbers for November 2009 [05 Dec 2009 - 09:31]

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Oil & Gas Reserves News

Iran dismisses Total from gas field bidding [05 Dec 2009 - 11:51]
Plano firm closes deal on oil field [05 Dec 2009 - 06:55]
Chevron and Tokyo Electric Sign Heads of Agreement for Wheatstone LNG Agreement Also Provides Utility a Stake in Gas Fields, Processing Plant in Northwestern Australia [05 Dec 2009 - 05:51]
Barbados government says oil exploration not a priority [05 Dec 2009 - 04:13]
The Canada-Nova Scotia Offshore Petroleum Board issued a call Friday for companies to bid for exploration licences on two new offshore shallow water blocks. [05 Dec 2009 - 01:40]

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Oil & Gas Transportation News

Proposed $4.5B oil pipeline would link oilsands to B.C. coast [05 Dec 2009 - 16:27]
Azerbaijan's oil exports via Russian pipeline up 110% in Nov. [05 Dec 2009 - 12:51]
Bulgaria ready to participate in both South Stream and Nabucco [05 Dec 2009 - 08:12]
EC Approves Financial Aid for Nabucco, Bulgaria Gas Pipe Links [05 Dec 2009 - 06:15]
Bulgaria PM: We Are Ready to Participate in South Steam, Nabucco [05 Dec 2009 - 06:15]

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Drilling & Processing News

Natural Gas Market Review 2008 -- Optimising investments and ensuring security in a high-priced environment [05 Dec 2009 - 10:32]
Chevron and Tokyo Electric Sign Heads of Agreement for Wheatstone LNG Agreement Also Provides Utility a Stake in Gas Fields, Processing Plant in Northwestern Australia [05 Dec 2009 - 05:51]
Canada will be following U.S. President Barack Obama's lead at next week's Copenhagen climate summit, aligning its policy for cutting greenhouse gas emissions with that of the United States, the federal environment minister says. [04 Dec 2009 - 21:02]
Baker Hughes: US Oil, Gas Rig Count Up 4 to 1,141 This Week [04 Dec 2009 - 20:15]
U.S. natural gas rig count unchanged for week [04 Dec 2009 - 20:14]

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Environmental Issues News

Natural Gas Market Review 2008 -- Optimising investments and ensuring security in a high-priced environment [05 Dec 2009 - 10:32]
Staples, Minn. / 210,000-gallon oil spill cleaned up [05 Dec 2009 - 07:32]
Oil pipeline spills 210,000 gallons near Staples [04 Dec 2009 - 23:23]
Gas Leak, Water Main Break On Crofton Roadway [04 Dec 2009 - 22:58]
Canada will be following U.S. President Barack Obama's lead at next week's Copenhagen climate summit, aligning its policy for cutting greenhouse gas emissions with that of the United States, the federal environment minister says. [04 Dec 2009 - 21:02]

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