Page 10 - Saudi Arabia

Aramco unit attack in Saudi Arabia's Jeddah may raise crude, LPG prices

Petrol price on Sunday was hiked by 50 paise a litre and diesel by 55 paise, taking the total increase in rates since resumption of daily price revision less than a week back to Rs 3.70-3.75 per litre

Iran welcomes normalisation of ties with Saudi Arabia: Iranian FM

Regarding the situation in Yemen, Amir-Abdollahian added that Saudi Arabia has received a number of requests from Iran to cease the war in Yemen, Xinhua news agency reported

F1 race in Saudi Arabia to go ahead despite nearby attack by Houthi rebels

The announcement came a day after the rebels attacked an oil depot located about 11 kilometers (seven miles) from the F1 circuit

No-confidence vote: Pakistan PM Imran Khan gets a weekend breather

Pakistan National Assembly's crucial session on a no-trust motion against embattled PM Imran Khan was adjourned on Friday without tabling of the resolution, amid vociferous protests from opposition

Yemen rebels strike oil depot in Saudi city hosting F1 race

Journalists covering practice saw the smoke rise over the city around 5:40 pm

Formula 1 shifts from racing to human rights in Saudi Arabia

Saudi Arabia also came under scrutiny in October after buying Premier League soccer club Newcastle

Fire in Saudi city ahead of F1 race; Houthis claim attacks

While Saudi Arabia and its state-run oil behemoth Saudi Aramco did not immediately acknowledge the blaze, it appeared to be centred on the same fuel depot that the Houthis had attacked in recent days

Saudi Arabia says it's not responsible for high oil prices

It quoted the Foreign Ministry as saying that the international community must assume its responsibility to maintain energy supplies in order to stand against the Houthis

Saudi Arabia's Aramco hikes oil financing as net profit doubles in 2021

Aramco said it would boost its capital expenditure (capex) to $40-50 billion this year, with further growth expected until around the middle of the decade

Saudi Aramco 2021 profit soars on oil price hike, plans capex boost in 2022

Saudi Arabian state oil giant Aramco on Sunday reported a more than doubling of annual net profit in 2021, boosted by higher oil prices, and announced plans to sharply lift capital expenditure in 2022

British PM Boris Johnson visits Gulf, seeks more oil from Saudi Arabia, UAE

The British prime minister met Crown Prince Mohammed bin Zayed, the UAE's de facto ruler, in Abu Dhabi

British Prime Minister to discuss energy security with UAE, Saudi leaders

UK Prime Minister Boris Johnson will discuss energy security during a visit to the UAE and Saudi Arabia in connection with Russia's special operation in Ukraine, British government said on Wednesday

British PM Boris Johnson to visit Saudi Arabia for oil supply talks

Johnson will also use the trip to press Saudi Arabia to condemn Russia's invasion of Ukraine, a Foreign Office official said Tuesday

Dozens of ballistic missiles fired at northern Iraq, US facilities hit

The missiles, which targeted the US consulate's new building, caused only material damage and one civilian was injured, the Kurdish interior ministry said

Saudi Arabia says it has executed 81 convicts in single day

The total number of those put to death surpassed that of the January 1980 mass execution of those convicted of the seizure of the Grand Mosque in Mecca, which saw 63 people beheaded

Saudi Arabian oil refinery in Riyadh attacked by drone, sparking small fire

An oil refinery in Saudi Arabia's capital, Riyadh, was attacked by drone, causing a small fire that did not cause injuries or affect supplies, the energy ministry said Friday. The statement did not specify where the drone strike was launched from. There was no immediate claim of responsibility. The kingdom's oil facilities have been a target of Yemen's Houthi rebels in the past. The Iranian-backed Houthis claimed responsibility for a shocking attack in 2019 at the Abqaiq oil processing facility in Eastern Province, which temporarily knocked out half the kingdom's daily production. The ministry statement, published by the state-run Saudi Press Agency, was released shortly after midnight Friday and said the attack took place around 4:40 a.m. on Thursday. The ministry said such attacks not only target Saudi Arabia, but also the security and stability of energy supply to the world. Saudi Arabia has been involved in Yemen's civil war since 2015, fighting against the Houthis who overran

Pariahs no more? US reaches out to oil states as global fuel prices rise

Three checkered oil regimes that President Joe Biden and past US leaders have spectacularly snubbed Venezuela, Saudi Arabia and Iran are now targets of US outreach

Saudi Arabia signs deals worth $2.13 bn with local, foreign defence firms

Saudi Arabia has inked 22 deals of $2.13 billion worth with local and foreign defence companies at the ongoing World Defense Show in Riyadh, the Saudi Press Agency (SPA) reported on Monday

Saudi Arabia raises April crude selling prices to Asia to all-time highs

Saudi Arabia's Aramco raised April OSPs for crude it sells to Asia by over USD $2 a barrel, with some grades hitting all-time highs, as global market struggle with Russian oil disruption

Saudi Arabia may raise April crude prices to Asia to all-time highs

The sharp price hikes are tracking strong gains in Middle East benchmark Dubai last month which reached record levels as buyers faced limited options amid tight supplies