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Tag: saudi
Oil back under $40 on Saudi comments
2016-04-01 13:31:21| BBC News | Business | UK Edition
Oil prices are back under $40 a barrel after Saudi Arabia says it will freeze production only if Iran and other major producers do the same.
Mideast Stocks-Petchems lift Saudi, Orascom Telecom pulls down Egypt
2016-03-28 13:29:44| Chemicals - Topix.net
Strong petrochemical shares lifted Saudi Arabia's stock market in early trade on Monday, while Orascom Telecom Media pulled Egypt lower again because of concern about its deal to acquire CI Capital. Saudi Basic Industries climbed 2.3 percent, helping the Saudi index rise 0.9 percent.
Tags: egypt
telecom
saudi
lift
Saudi Butanol plant starts operations
2016-03-28 05:00:42| Chemicals - Topix.net
KHOBAR: Saudi Butanol Co , a joint venture of local petrochemicals firms, has started commercial operations at its plant in Jubail, one of the shareholders said on Sunday. The plant will have a capacity of 330,000 tonnes a year of n-butanol, a type of alcohol used to make other chemicals, and 11,000 tonnes a year of iso-butanol.
Tags: operations
plant
starts
saudi
Exxon's Credit Warning Shows Saudi Arabia's Death Grip On Oil Prices Continues
2016-03-24 10:29:50| Oil & Gas - Topix.net
Standard & Poor's announced in February that it was placing Exxon on credit watch with negative implications. S&P stated it would decide whether to downgrade Exxon, one of only three AAA-rated companies -- the other two are Microsoft and Johnson and Johnson -- within 90 days.
Tags: prices
credit
shows
death
Saudi Aramco and Shell to divide Motiva refinery JV assets
2016-03-17 01:00:00| Hydrocarbons Technology
Oil giants Saudi Aramco and Royal Dutch Shell have signed a letter of intent (LoI) to divide the assets of Motiva, the refining and marketing joint venture (JV) in Houston, Texas, US.
Tags: assets
shell
saudi
divide
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