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Mitsui CEO: U.S., Saudis Pushing Oil Lower
2014-12-18 09:14:07| Automakers - Topix.net
The head of Mitsui & Co., a big energy investor, said he believed the U.S. and Saudi Arabia were working together to keep oil prices down in an effort to hurt Islamic State and Russia. Masami Iijima, chief executive of the Japanese trading company, spoke in an interview as crude oil was trading near its lowest level since May 2009.
Saudis Fire Again in Oil War Against U.S. Shale
2014-12-06 07:05:06| Oil & Gas - Topix.net
Saudi Arabia launched a third-wave attack this week in its oil price war with the U.S. shale oil producer. First they cut prices, then they refused to cut production, and now they cut prices again.
Saudis Arrow Food makes a counter bid to buy Arab Dairy
2014-11-06 01:00:00| Food Processing Technology
Saudi Arabia-based Arrow Food Distribution has made a bid to buy Egypt's Arab Dairy Products at $7.98 (57.12 Egyptian pounds) a share.
Saudi's SABIC says won't expand petrochemicals venture ...
2014-10-23 14:40:50| Chemicals - Topix.net
KHOBAR: Saudi Basic Industries Corp will not move ahead with plans to expand an existing petrochemical joint venture with Royal Dutch Shell in Saudi Arabia as the results of feasibility studies were not encouraging, SABIC said on Thursday, according to state news agency SPA.
Tags: expand
venture
petrochemicals
saudis
Saudi's SABIC sees oil-to-chemicals plant start-up by 2020
2014-05-13 22:20:40| Chemicals - Topix.net
Saudi Basic Industries Corp expects its planned oil-to-chemicals plant to start operations by the end of 2020, it said on Tuesday.
Tags: plant
sees
startup
saudis