Energy KSA Edition
Latest News
OPEC supply easing is more reset than U-turn
Saudi Arabia and Russia will discuss raising OPEC and non-OPEC oil output by around 1mln bpd
Oil slides Friday on Russia’s hints soft output increase
Brent crudes stood earlier in the day at $78.43 per barrel
OPEC, Russia mull oil output increase
The increasing production would relax the strict curbs in place for 17 months on oil supply which led prices to soar
Saudi Tabreed's unit awards cooling scheme contract to SNC-Lavalin
The contract entails expanding CDCC’s Jabal Omar Development Company (JODC) district cooling scheme in Makkah
Saudi-led coalition destroys Houthi boats targeting tanker in Red Sea-Al Arabiya
A Saudi-led military coalition destroyed two Houthi boats threatening an oil tanker in the Red Sea
Sabic to unveil new caps and closures material
Sabic’s goal is to extend its application coverage across food and beverage and non-food areas alike, especially detergents, cosmetics and pharmaceuticals.
Esco, Philips unit partner for energy solutions
Signify became the new company of Philips Lighting on May 16, 2018
State budget deficit raises risks for Saudi economy
Non-oil revenues grow but expenses jump due to growth in subsidies, debt payments and benefits
Saudi Aramco awards Global Pipe $39mln deal
The production will begin in the fourth quarter of 2018, until the first quarter of 2019
RDIF to discuss boosting Saudi investment in Russia
Talks will be held with Saudi Arabia’s energy minister Khalid al-Falih
Insights
OPEC supply easing is more reset than U-turn
Saudi Arabia and Russia will discuss raising OPEC and non-OPEC oil output by around 1mln bpd
Greener planet could slash oil companies' income by $19trln by 2040
Oil companies are struggling to find an identity for themselves in a greener, more environmentally-aware world
Green Sukuk driving bond issuance in the GCC?
As renewable energy projects continue to proliferate in 2018, there is potential scope for further green issuance in the GCC region.
