JEDDAH - Saudi Basic Industries Corporation (SABIC) on Tuesday signed an agreement with Lurgi GmbH, a German firm, for the technology licensing and engineering that will allow SABIC More

RIYADH - Saudi state-run mining firm Ma’aden and US partner Alcoa awarded SR1.03 billion ($274.7 million) worth of contracts for a mega aluminum complex in Saudi Arabia, Ma’aden said on Tuesday More

JEDDAH - The Saudi Industrial Property Authority (Modon) signed the first projects to implement the development of Taif More

JEDDAH - A joint venture between Saudi Arabia and Kuwait plans to build gas and natural gas liquids (NGL) collection and distribution facilities at the Khafji oilfield More

DHAKA - Beximco, the largest private sector industrial conglomerate in Bangladesh, said it has set up a joint venture with a Saudi firm to invest nearly $1 billion for upgradation of Bangladesh’s More

RIYADH: Saudi Basic Industries Corporation (SABIC), announced Sunday that it has signed an agreement with Lurgi GmbH, a German firm, for the technology licensing and engineering that will allow SABIC to produce oleo-chemicals More

DAMMAM – The third Saudi Arabia International Oil and Gas Exhibition and Conference (SAOGE) will be held here in October More

JEDDAH - Saudi International Boat Show 2010, the second edition of the only international leisure marine and tourism festival in the Kingdom, has announced that the 2010 edition More

SEOUL - South Korea’s crude imports in July went up 5.5 percent year on year to 68.96 million barrels (2.22 million b/d) despite a marginal rise in demand and crude throughput and a drop in exports More

JEDDAH - Saudi Aramco said crude prices may end the year as high as $82 a barrel because of demand from China and India. More