Wall Street JournalSaudi Delegation Culminates US Tour with Return to Oil RootsWall Street JournalThe Saudi announcements on Saturday were a return to basics for the country's leaders following a whirlwind tour of America during which they met with an …

ABC 57 NewsCoast Guard investigating mineral oil spill in the Straits of MackinacABC 57 NewsMACKINAW CITY, Mich. -- The Unified Command which is comprised of the Michigan Department of Environmental Quality, Coast Guard and a representative of numerous Mic …

BloombergAramco, Sabic Sign Pact for $20 Billion Oil-to-Chemicals ProjectBloombergSaudi Arabia's two biggest companies signed an initial agreement to build a plant to process crude oil directly into chemicals, a project the partners estimate will have …

Malay Mail OnlineCheaper oil depresses most of Gulf but MSCI hopes buoy SaudiTimes of IndiaDUBAI, June 18 (Reuters) - Most major Gulf stock markets fell on Sunday because of weak oil prices, but hopes that Saudi Arabia will join MSCI's group of emergin …

Financial TimesBig Oil: From black to greenFinancial TimesThe panels are made by SunPower, a US solar company that is controlled by one of the world's largest oil groups, Total of France. It took a majority stake in SunPower in 2011 for about $1.4bn, m …

BloombergAramco, Sabic One Step Closer to Turning Oil Into ChemicalsBloombergSaudi Arabia, the world's largest oil exporter, is pursuing a plan to modernize its economy by reducing the kingdom's reliance on crude sales. The plan includes selling sh …

BloombergAramco, Sabic One Step Closer to Turn Oil Into ChemicalsBloombergThe companies could “substantially” increase Saudi Arabia's production of petrochemicals, while enabling them to boost commodity exports and spur industrial diversification, Amin …

Gulf Business NewsSaudi Aramco, Sabic One Step Closer to Turn Oil Into ChemicalsBloombergSaudi Arabian Oil Co. and Saudi Basic Industries Corp. are one step closer to building their first plant to process crude directly into chemicals, cutting out a link i …

BloombergSaudi Arabian Stocks Lead Most Arab Markets Higher as Oil RisesBloombergEquities in Saudi Arabia, OPEC's biggest oil producer, led most Arab markets higher after global stocks rallied and Brent crude rose above $50 a barrel. Israeli stocks hea …

Financial TimesUS shale oil industry hit by $30bn lossesFinancial TimesCapital spending by listed US independent oil and gas companies exceeded their cash from operations by about $32bn in the six months to June, approaching the deficit of $37.7bn reported …