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Oil trades under $64 on news of record production from Saudi Arabia

2015-04-20 01:00:00| Offshore Technology

The price of Brent crude oil fell slightly from early highs to under $63 a barrel today after news that production in Saudi Arabia would stay at about 10 million barrels per day (bpd) in April.

Tags: news record production oil

 

Air Products and ACWA JV to build industrial gas complex in Saudi Arabia

2015-04-20 01:00:00| Hydrocarbons Technology

A joint venture (JV) of Air Products and ACWA Holding has secured a contract from Saudi Aramco to construct, own and operate an industrial gas complex in Saudi Arabia.

Tags: products air industrial build

 
 

Saudi industrial in profits fall

2015-04-19 11:09:23| BBC News | Business | UK Edition

Saudi Arabian manufacturing and chemicals giant Sabic posts a 39% drop in net profits in the first quarter of the year.

Tags: fall industrial saudi profits

 

Saudi firm, Bunge to buy majority stake in Canadian grain handler

2015-04-16 04:34:07| Food - Topix.net

Saudi Arabia's state-owned agricultural investment firm and U.S. grain trader Bunge Ltd will buy a controlling stake in Canadian grain handler CWB in a bold move by the Gulf state to secure food supplies. G3 Global Grain Group, a joint venture of Bunge and Saudi Agricultural and Livestock Investment Co , said on Wednesday it will buy a 50.1 percent stake in CWB for C$250 million .

Tags: buy firm majority canadian

 

Saudi firm, Bunge to buy majority stake in Canadian grain handler

2015-04-16 04:34:06| Food - Topix.net

Farmers harvest their wheat crop during sunset on the Canadian prairies near Vulcan, Alberta, in this file photo taken September 7, 2011. A state-owned Saudi Arabian company is joining U.S. grain trader Bunge Ltd to buy a majority stake in Canadian grain handler CWB for C$250 million .

Tags: buy firm majority canadian

 

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