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SecuritySaudi security forces kill terrorist suspect in village raid: agency
Saudi security forces on Tuesday killed a suspect wanted on terrorism charges during a raid on a village in the country's oil-producing Eastern Province, the state news agency SPA said.
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Saudi Oil PolicyWhat a Saudi Oil-Supply Freeze Would Really Mean for Markets
“Come summer, the production freeze will amount to a cut in Saudi crude exports,” said Olivier Jakob, managing director of consultant Petromatrix GmbH in Zug, Switzerland.
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Saudi ShaleSaudi Aramco Close to Awarding $500 Million Shale Gas Contract
The project is Saudi Arabia's first unconventional gas project and Saudi Aramco has sunk billions of dollars into developing potential shale gas reserves. According to Saudi Aramco's 2015 annual report, other locations under development include Ghawar and the Jafurah Basin, both in eastern Saudi Arabia.
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DesignNuqat: Creative Education and Innovation in Kuwait
Nuqat is a Kuwaiti, non-profit design initiative started in 2009 by Wakim Zeidan, Sara Al Nafisi, Hussa Al Humaidhi, and Dana Al Hilal.
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Iran ElectionsEverything you need to know about this week’s elections in Iran
In Iran, major political power brokers align among fluid and sometimes blurred factions and groupings. Major political events often dictate the platform of these factions rather than the reverse.
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Global Oil MarketsSaudi Arabia to U.S. Oilmen: Cut Costs or Exit the Business
For the oil industry itself, the warning is a sign of more months -- and perhaps years -- of financial pain.
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Saudi Oil PolicySaudi Arabia: “We have not declared war on shale”
While Naimi rejected production cuts as politically unworkable, he endorsed a freeze on production at current levels if major oil-producing countries go along.
- NYT (Paywall) - Saudi Oil Minister Rules Out Possibility of Production Cuts
- CBC - Saudi oil minister's message for high-cost crude producers: 'get out' of market
- MarketWatch - Why comments by Saudi Arabia’s al-Naimi slammed oil futures
- CNBC - Saudi oil minister Naimi: Oil production cuts won't happen
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YemenEritrea Denies It Sent Troops for Saudi Arabia’s War in Yemen
Eritrea denied it sent soldiers to fight with a Saudi Arabia-led coalition in Yemen, accusing the United Nations of reporting flawed and “unsubstantiated” allegations against the Horn of Africa country.
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ReutersSaudi weighed down by petrochemical sector, Egypt sags
The petrochemical sector was the main drag on Riyadh's stock index in early trade on Wednesday after oil extended its decline, while Egypt's benchmark retreated as investors' mood soured.
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ManufacturingSaudi Arabia on track to produce helicopters
Sikorsky, a Lockheed Martin Company, signed on Tuesday an agreement with Taqnia Aeronautics to jointly explore helicopter production opportunities in Saudi Arabia, according to a press statement.
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