Saudi Arabia has assets of around $700bn with which to plug the gap in its economy
Search results
Saudi tells G20 it won’t change oil policy
The statement came from deputy premier and minister of defense addressing the G-20 summit on Saturday
Oil price will not affect Qatar infrastructure
Gulf state says the falling price of crude will not impact plans
Analysis: Toil for oil prices
The global energy agenda has been dominated by the rapidly falling price of oil over the last month
GE awarded contract for Umm Lulu oilfield
GE Oil and Gas will supply the field operators with cutting edge gas turbine technology
Mubadala targets projects resilient to oil prices
CEO Maurizio La Noce said the company is looking to invest in projects that can survive in a $60 per barrel market
Iran to raid $62bn wealth fund as oil prices fall
The IMF estimates that Iran may need oil prices as high as $130 to balance its books
Kentz announces $97mn oil and gas deal
The contract will include procurement, engineering, project management and construction services
Taqa up oil production & confirm $163mn net income
Production increases to 158,500 barrels of oil equivalent per day
Oil prices drop below $80 a barrel
DME Oman Crude Oil Futures Contract, the Asian pricing benchmark, traded at a new four-year low