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Saudi Arabia News and Analysis

News

Construction safety

Middle East construction safety lags behind Subscription Required

1 April 2015 | By Hossam Abougabal

UAE leads health and safety culture in the region, but Middle East remains among the worst in the world

Jeddah in Saudi Arabia

Jeddah appoints UK firm for transport plan Subscription Required

31 March 2015 | By Hossam Abougabal

City-wide transportation planning contract awarded to UK firm

US President Barack Obama

Hopes and fears for Iran nuclear deal Subscription Required

30 March 2015 | By Mark Watts

US President Barack Obama seeks to cement diplomatic legacy, but regional allies fear Tehran’s growing influence

Tanker in the port of Kuwait

Kuwait activates emergency plan for oil Subscription Required

30 March 2015 | By Wil Crisp

Plan involves security measures for operations both inside the country and abroad

Saudi gas consumption

Aramco extends Fadhili tender deadline Subscription Required

30 March 2015 | By Kevin Baxter

Gas project in Eastern Province will have more time to formulate bids

Shale gas drilling rig on a field

Aramco tries new shale strategy Subscription Required

29 March 2015 | By Kevin Baxter

Oil major looking to increase operational capabilities in sector

Saudi Arabia carries out air strikes in Yemen

Saudi Arabia suspends flights Subscription Required

26 March 2015 | By Hossam Abougabal

Airports in south of kingdom suspend flights amid military action

The Tadawul

Saudi Arabia IPO market picks up Subscription Required

26 March 2015 | By Rebecca Spong

Two companies announce plans to list

An armed man walks on the rubble of houses destroyed by an air strike near Sanaa airport on 26 March. Saudi Arabia and Gulf region allies have launched military operations including air strikes in Yemen

Saudi allies deploy warplanes against Yemen’s Houthis Subscription Required

26 March 2015 | By Wil Crisp

UAE, Kuwait, Bahrain, Qatar and Jordan commit 76 fighter jets

Political stability in Yemen is increasingly taking a hit, with Houthi rebels advancing on Aden, anti-Houthi protests raging on the streets and Saudi Arabia carrying out air strikes against the rebels

GCC launches military operation in Yemen

26 March 2015 | By Richard Thompson

Unidentified warplanes bomb Sanaa as fears grow of wider conflict

Anti-Houthi protesters demonstrate in Yemen's southwestern city of Taiz on 22 March. Houthi fighters opposed to Yemen's president took over the city in an escalation of a power struggle

Yemen minister calls for Gulf military intervention

24 March 2015 | By Richard Thompson

Yemen foreign minister warns of civil war and calls for no-fly zones to prevent Houthi rebel gains

Aramco awards construction deal to Arabtec

Aramco awards construction deal to Arabtec Subscription Required

24 March 2015 | By Hossam Abougabal

Arabtec Construction wins contract to build 380 villas

Apicorp will be using the money raised to support equity investments in regional energy projects

Apicorp signs sharia-compliant syndicated loan Subscription Required

23 March 2015 | By Rebecca Spong

Company to use funds to invest in regional energy projects

Power plant

Major Saudi Arabia projects secure funding Subscription Required

23 March 2015 | By Rebecca Spong

PetroRabigh Phase II and Rabigh IWSPP raise financing in March

Combined-cycle power plant

Firms prepare bids for Saudi PP9 power project Subscription Required

23 March 2015 | By Andrew Roscoe

Combined-cycle conversion project will boost plant’s capacity by 240MW

Steel production

Steel production up 7 per cent in February Subscription Required

23 March 2015 | By Mark Watts

Iran and Saudi Arabia’s steel output help boost Middle East steel sector

Power

Saudi Arabia invites bids for Duba power plant Subscription Required

22 March 2015 | By Andrew Roscoe

Plant will run on a combination of gas and solar energy

Talgo secures Saudi rail deal

Talgo secures Saudi rail deal Subscription Required

22 March 2015 | By Colin Foreman

Trains will be used on Riyadh-Dammam line

Saudi Arabia power demand

Bids invited for Waad al-Shamal power plant Subscription Required

22 March 2015 | By Andrew Roscoe

Commercial proposals due in early April

Fuel consumption for power and peak power demand

Saudi Arabia scales down renewables Subscription Required

19 March 2015 | By Philippa Wilkinson

Renewables industry lowers expectations as SEC takes lead

Analysis

Saving Yemen: It is likely the Saudi-led coalition will feel a ground invasion is necessary

A litmus test for Saudi policy Subscription Required

31 March 2015 | By Peter Salisbury

King Salman’s strategy for Yemen has the potential to mark a major shift in the history of the region

Renewables

Saudi Arabia retreats from renewables Subscription Required

26 March 2015 | By Edmund O'Sullivan

Saudi Arabia is the most irradiated country on Earth, but it is slashing plans for the world’s biggest solar power programme

Roger Cruickshank, Atkins

King Abdulaziz Boulevard project Subscription Required

24 March 2015 | By Robert Jones

The walkway will allow pilgrims to move around easier in Mecca, Saudi Arabia

Average breakeven prices for non-producing assets, 2020

Saudi Arabia may use swing capacity to drive volatility Subscription Required

18 March 2015 | By Mark Watts

Higher volatility will prevent smaller producers entering the market, say analysts

Jubail cover

Sadara Chemical is Jubail’s game changer Subscription Required

10 March 2015 | By Andrew Roscoe , Edmund O'Sullivan

The imminent opening of the Sadara chemicals project signals the start of a new era of growth for the city

Jubail

Saudi industrial city developments progressing Subscription Required

9 March 2015

The kingdom is spending $11bn to develop downstream, housing and education facilities in the Eastern Province

Video graph

Strategic priorities shape Gulf projects spending Subscription Required

8 March 2015

The impact of low oil prices on project plans around the region

Refined products sales

Saudi refining plan hinges on curbing subsidies Subscription Required

1 March 2015 | By Kevin Baxter

Kingdom aims to become world’s second-largest exporter of refined products

Ethylene production costs

Oil price drop will lower GCC petrochemicals margins Subscription Required

15 February 2015 | By Mark Watts

Regional producers will face stronger competition from naphtha-based crackers in Asia and Europe

Riyadh in Saudi Arabia

Saudi government continues massive spending plans Subscription Required

10 February 2015 | By Hossam Abougabal

Positive forecasts for construction sector as government announces additional infrastructure spending

Unchanged fiscal strategy for Saudi Arabia

Unchanged fiscal strategy for Saudi Arabia Subscription Required

9 February 2015 | By Hossam Abougabal

There had been expectations of sweeping changes to the kingdom’s economic strategy

Comment

Air strikes in Yemen

Yemen risks civil war

31 March 2015 | By Kevin Baxter

If handled incorrectly, Saudi Arabian intervention could lead to an all-out regional war

Kevin Baxter

Aramco programme looks to the future

29 March 2015 | By Kevin Baxter

Oil major ties up long-term engineering contract and calls time on ageing refinery

Renewables

The quiet demise of Saudi Arabia’s renewable energy ambitions

24 March 2015 | By Philippa Wilkinson

Shifting strategy in the kingdom leaves long-term energy dilemma

Philippa Wilkinson

Saudi Arabia renewables disappointment

22 March 2015 | By Philippa Wilkinson

Kingdom expected to be one of the region’s smaller renewables markets

Aramco calls time on Jeddah refinery

Aramco calls time on Jeddah refinery Subscription Required

17 March 2015 | By Kevin Baxter

Decommissioning the aged facility seems to be the right way to go, given the new refineries coming online in the kingdom

Jubail sets example for Saudi industrial plans

Jubail sets example for Saudi industrial plans Subscription Required

11 March 2015 | By Andrew Roscoe

City presents a blueprint for other projects to follow

Saudi Arabia needs as much domestic gas as possible and this makes the Fadhili gas plant an essential scheme

Aramco’s commitment to gas Subscription Required

11 March 2015 | By Kevin Baxter

Fadhili plant essential for kingdom’s industrialisation plans

Kevin Baxter

Khurais field's future under threat Subscription Required

5 March 2015

Saudi Aramco will make decision when cost savings are established

The majority of the labourers working on the GCC’s construction sites come from India and other subcontinent countries

GCC contractors consider bumper Indian budget Subscription Required

5 March 2015 | By Colin Foreman

Competition may subside, but labour costs could increase

Kevin Baxter

Aramco pushing ahead with Jizan refinery Subscription Required

5 March 2015

The $20bn investment is expected to drive growth in the remote area of Saudi Arabia

Stadium projects

Low oil prices leave little room for stadiums Subscription Required

3 March 2015 | By Colin Foreman

Forecasts at the end of 2014 said stadium projects would stall

Refinery

Aramco’s selective spending Subscription Required

3 March 2015 | By Kevin Baxter

Oil major focusing on specific schemes is right strategy at this time

Refinery

Jizan turning the corner Subscription Required

24 February 2015 | By Kevin Baxter

Economic forum will bring renewed hope for the region

Kevin Baxter

Saudi Arabia's tight gas plans take shape Subscription Required

23 February 2015 | By Kevin Baxter

Saudi Aramco is committed to unconventional gas project in the kingdom

Construction

New vision for GCC construction workforce Subscription Required

22 February 2015 | By Sachin Kerur

Development of a regional policy for hiring workers is under discussion

Offshore oil rig

Aramco looks to share the pain Subscription Required

10 February 2015 | By Kevin Baxter

Bullish production policy means oil major can’t make too many demands from its upstream vendors

The return of the Sudairi influence is best illustrated though the appointment of Prince Mohammed bin Nayef (left) as the deputy crown prince

Sudairi influence returns to kingdom Subscription Required

8 February 2015 | By Hossam Abougabal

Sudairi branch influence grows as King Salman makes personnel changes

Renewable energy

KA-Care needs a fresh start Subscription Required

3 February 2015 | By Andrew Roscoe

Disbanding the supreme council for atomic and renewable energy was not a surprise

King Salman: Focus on maintaining stability

Next generation joins the Saudi succession Subscription Required

27 January 2015 | By Kevin Baxter

The Saudi king has brought the younger generation into the line of succession to ensure stability, but political and economic issues remain

King Salman bin Abdulaziz al-Saud

Managers not monarchs matter most in Saudi Arabia

23 January 2015 | By Edmund O'Sullivan

Radical economic progress and measured social reform were hallmarks of King Abdullah’s reign

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