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Fall in oil prices after Saudi Arabias announcement to raise output

2015-06-12 01:00:00| Offshore Technology

Oil prices declined have fallen as Saudi Arabia announced that it would increase output in order to address demand.

Saudi Arabias Bahri orders five VLCCs from Samho Heavy Industries

2015-05-26 01:00:00| Ship Technology

The National Shipping Company of Saudi Arabia (Bahri) has signed a contract with Hyundai Samho Heavy Industries (HSHI) to construct five very large crude carriers VLCCs.

Tags: orders heavy industries saudi

Oil prices dip on Tuesday over Saudi Arabias strong crude production reports

2015-05-12 01:00:00| Offshore Technology

Oil prices declined on Tuesday following reports of rise in crude production by oil exporter Saudi Arabia which pumped 10.308 million barrels of oil a day in the month of April.

Tags: reports prices production strong

Imitating royal handouts: Saudi Arabia's largest companies to...

2015-02-04 06:58:07| Chemicals - Topix.net

Home >> Business >> Economy & Trade >> Imitating Royal Handouts: Saudi Arabia's Largest Companies To Issue Free Bonuses Saudi Basic Industries Corp , the Gulf's biggest list company and one of the world's top petrochemical producers, will pay two months' basic salary to Saudi employees. Several of Saudi Arabia's largest listed companies said Monday they would pay out hundreds of millions of dollars in bonuses, days after the new king ordered a handout to state employees to mark his accession.

Tags: companies largest royal saudi