Saudi Arabia

“The Stone Age did not end for lack of stone. The Oil Age will end long before the world runs out of oil.” — Ahmed Zaki Yamani, former Saudi oil minister

(Sept 17): Oil markets are grappling with uncertainty over how long it will take Saudi Arabia to restore output after the devastating attacks that knocked out 5% of global crude supply.

(Sept 16): President Donald Trump said the US is “locked and loaded depending on verification” that Iran staged the attack on major Saudi Arabian oil facilities, an assertion already made by his secretary of state and backed by administration official

SEOUL/NEW YORK (Sept 16): Oil prices retreated on Monday after hitting their highest since May at the open, on fears over supply disruptions following an attack on Saudi Arabia’s oil facilities on Saturday that cut more than 5% of global oil supply.

(Sept 15): Middle East geopolitics have come back with a vengeance to hit the oil market. What everybody feared has happened. An attack has penetrated the defenses of Saudi Arabia’s massive Abqaiq oil processing facility, the heart of the kingdom’s oi

(Oct 19): President Donald Trump said it “certainly looks” like missing journalist Jamal Khashoggi is dead and warned of “very severe” consequences for the killing.

SINGAPORE (May 24): Hyflux says it has decided not to go through with a project to develop three desalination plants in Saudi Arabia as a capital injection is now required, in view of its recent financial woes.  

SINGAPORE (Jan 19): Full Apex (Holdings) announced Thursday that its wholly-owned subsidiary, Pan-Asia PET Resin (Guangzhou) Co., is investing US$3 billion ($4 billion) to build a petrochemical and chemical fiber integrated project in the Jazan Economic C

(Sept 4): Hurricane Harvey has devastated the Gulf Coast, and its impact is now spreading out to the rest of the US, chiefly at gas pumps.

(July 18): When members of Saudi Arabia’s royal family visited Japan last September and again in March, the Asian country made sure at least one message got through: Please list Saudi Aramco in Tokyo.