The energy world is in a transition. It is undergoing a major metamorphosis. New energy frontiers are cropping up and the global energy map is changing fast. Of these new emerging global... ... read more

Posted on Saturday, February 4 2012

RIYADH: The Maaden Alcoa aluminum joint venture announced that it had poured the first concrete in the construction of the region's first alumina refinery at the fully integrated aluminum... ... read more

Posted on Saturday, February 4 2012

MAN Truck & Bus, a leading global manufacturer of transport vehicles, has launched a new unit in the Saudi capital, Riyadh, as part of plans to expand its operations in the kingdom.... ... read more

Posted on Saturday, February 4 2012

Authorities in Jeddah are investigating more than 70 people involved in the current crisis of cement shortage in the city, Arab News has reported, citing an official source. A... ... read more

Posted on Saturday, February 4 2012

TOKYO: Japanese electronics maker Panasonic forecast Friday it would log a record net loss of 780 billion yen ($10.2 billion) for the year through March, nearly twice its previous estimate,... ... read more

Posted on Friday, February 3 2012

LONDON: Forecasts that cheap gas from the United States will one day reshape the global natural gas market are increasingly commonplace. Now the first hard evidence is beginning to... ... read more

Posted on Friday, February 3 2012

BEIJING -PetroChina Co, the country's biggest energy producer, said it has agreed to buy a 20-percent stake in Royal Dutch Shell PLC's Groundbirch shale-gas project in Canada to... ... read more

Posted on Friday, February 3 2012

BEIJING - China's industrial enterprises saw their profits increase 25.4 percent year-on-year to reach 5.45 trillion yuan ($863.68 billion) in 2011, the National Bureau of Statistics... ... read more

Posted on Friday, February 3 2012

WAM KHARTOUM: Sudanese Oil Minister Awadh Ahmed Al-Jaz on Wednesday expressed his country's interest in tapping the UAE's expertise in oil industry.

He further expressed... ... read more

Posted on Thursday, February 2 2012

Gazprom said Wednesday that it expects to rake in almost $40 billion in last year's profit, a big increase from 2010 but not enough to stop ExxonMobil from spurting into the lead again as... ... read more

Posted on Thursday, February 2 2012