saudi oil

Saudi money helping spread of harsher Islam: Rushdie

September 17th, 2012 - 11:18 pm ICT by IANS
New Delhi, Sep 17 (IANS) Well-known writer Salman Rushdie Monday said that a harsher version of Islam was spreading with the help of Saudi Arabia's oil money."What has developed now ... Read more...

Posted in Life Style |

US crude oil crosses $100 mark

March 18th, 2011 - 5:11 am ICT by IANS
New York, March 18 (IANS) US crude oil price rebounded sharply Thursday as supply concerns and higher demand expectations lifted the market, Xinhua reported.Light, sweet crude for April delivery gained ... Read more...

Posted in Business |

Saudi oil stock exaggerated by 40 percent: WikiLeaks

February 10th, 2011 - 3:06 am ICT by IANS
London, Feb 10 (IANS) The estimated stock of oil in Saudi Arabia was 40 percent higher than the country's actual reserve, which according to the US is not enough to check the ... Read more...

Posted in Business |

Punj Llyod bags engineering contract from Saudi oil firm

September 20th, 2010 - 2:36 pm ICT by IANS
Mumbai, Sep 20 (IANS) Infrastructure major Punj Lloyd has secured an engineering and procurement contract from Saudi Arabian state-run oil company Saudi Aramco. The order was secured by the Indian firm's Saudi Arabia ... Read more...

Posted in Business |

Visionary Investment Banker Matthew Simmons Dead

August 10th, 2010 - 7:33 pm ICT by GD
By Madhuri Dey Aug 10, (THAINDIAN NEWS) Matthew Simmons, the visionary investment banker, who upheld in front of the whole world the theory of peak oil production and how the world is moving ... Read more...

Posted in Business |

Regional Security on top of Manmohan Singh’s Saudi agenda

February 27th, 2010 - 10:27 pm ICT by ANI
Riyadh (Saudi Arabia), Feb 27(ANI): Regional security with a focus on current developments in Afghanistan and Pakistan are expected to dominate Prime Minister Dr. Manmohan Singh's talks with the Saudi leadership. ... Read more...

Posted in World |

Somali pirates bag record 3mn dollar bounty as ransom to free Saudi ship

January 10th, 2009 - 5:44 pm ICT by ANI
Washington, Jan 10 (ANI): Somali pirates received three million dollars for freeing the Saudi oil tanker, MV Sirius Star, after keeping the ship in their captivity for nearly two months.After 56 ... Read more...

Posted in World |

Somali pirates free Saudi oil tanker

January 10th, 2009 - 5:26 am ICT by IANS
Mogadishu, Jan 10 (Xinhua) A Saudi oil tanker that was seized by Somali pirates in mid-November in the Indian Ocean has been released, officials and a member of the bandit group confirmed ... Read more...

Posted in World |

India Navy defends sinking of pirates-captured ship

November 26th, 2008 - 7:19 pm ICT by ANI
New Delhi,Nov.26 (ANI): The Indian Navy has defended its action in sinking a pirate ship in the Gulf of Aden waters near Somalia. The pirate ship was originally a Thai fishing boat. ... Read more...

Posted in National |

Islamist fighters in Somalia enter pirate town in hope of booty

November 23rd, 2008 - 1:11 pm ICT by ANI
London, Nov 23 (ANI): Heavily armed fighters of Somalias hardline Islamist movement, Shabaab militia, have entered the pirate town in hope of spoils from the hijacked Saudi oil tanker, the Sirius ... Read more...

Posted in World |

Talks underway for release of Saudi oil tanker from pirates

November 21st, 2008 - 2:52 pm ICT by IANS
Nairobi, Nov 21 (Xinhua) Talks are underway for the release of a Saudi-owned oil supertanker hijacked by Somali pirates last weekend, a maritime official said Friday. Andrew Mwangura of East Africa's Seafarers ... Read more...

Posted in World |

Pak net forex reserves down to just 2.48 billion dollars

October 17th, 2008 - 4:46 pm ICT by ANI
Islamabad , Oct 17 (ANI): Pakistan Finance Ministry has said that it is left with only 2.48 billion dollars of net forex reserves, which, according to it, were barely enough to ... Read more...

Posted in National |

Saudi Arabia defers 5.9 bn dollars payment for oil sales to Pakistan

July 12th, 2008 - 4:14 pm ICT by ANI
London , July 12 (ANI): Saudi Arabia has agreed in principle to defer payments for crude oil sales to Pakistan expected to be worth approximately 5.9 billion dollars at present rates ... Read more...

Posted in South Asia |

Saudi Arabia to increase oil production

May 17th, 2008 - 4:11 am ICT by admin
DPA Riyadh, May 17 (DPA) Saudi Arabia would increase oil production by 300,000 barrels a day, Saudi officials said Friday, handing a diplomatic boost to US President George W. Bush during his official ... Read more...

Posted in World |

Saudi oil firm selling stake in Philippines’ refining company

March 14th, 2008 - 2:47 pm ICT by admin
DPA Manila, March 14 (DPA) Saudi Arabia's leading oil producer Aramco is selling its 40 percent stake in Petron Corp, the largest oil refiner in the Philippines, to London-based Ashmore investment group, President ... Read more...

Posted in World |

Saudi Arabian Foreign Minister meets Manmohan Singh

February 28th, 2008 - 9:04 pm ICT by admin
New Delhi, Feb 28 (ANI): Saudi Arabian Foreign Minister Prince Saud Al Faisal, who is in India to hold talks on further enhancing political and economic relations between the two countries, on ... Read more...

Posted in National |

Saudi Arabia promises steady oil supplies to the Asian markets

December 12th, 2007 - 1:54 pm ICT by admin
Nicosia, Dec 12 (ANI): Saudi Arabia is willing to supply its customers in Asian nations with the oil they need now and in the future, in times of abundance and in times ... Read more...

Posted in Business |