S&P Global Ratings raised Saudi Arabia’s outlook to positive from stable ... aimed at diversifying revenues and boosting the non-oil sector. “The positive outlook reflects the potential ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets ...

OPEC refuted a Wall Street Journal report that said Saudi Arabia's oil minister Prince Abdulaziz ... with the return of the 720K bbl/day Tengiz field. In response to the WSJ article, OPEC posted ...

MILAN - Italian energy engineering group Saipem said on Wednesday it had won an offshore contract worth around $2 billion for the development of the Marjan oil field in Saudi Arabia. The contract was ...

The Marjan oil and gas field is located off the East Coast of Saudi Arabia. Saipem had previously secured a contract from Saudi Aramcothat involved the installation of subsea infrastructures at ...

Italian oilfield services player Saipem has confirmed the awarded of a new offshore contract with Saudi Aramco for the development of the giant Marjan field in Saudi Arabia. The deal takes place ...

Italian energy services provider Saipem has secured a new offshore contract, valued at approximately $2bn (€1.8bn), for the development of an oil and gas field in Saudi Arabia. This contract ...

Tesla shares have fallen 4.8pc after the electric car maker revealed it delivered fewer vehicles than expected in the third ...

which connected eastern Saudi Arabia to the Mediterranean Sea. By 1951, Aramco discovered the Safaniyah field, the world’s largest offshore oil field, and by 1958, it was producing over 1 million ...

Israel has launched a fresh wave of airstrikes against Houthi ­targets in Yemen amid fears that the raging conflict could ...

Tensions are mounting in Svalbard, where a Russian mining town is goading the Norwegian authorities We are heading to the ...