Saudi Arabia

Crude Oil

Attack on Saudi oil plant is what everyone feared

(Sept 15): Middle East geopolitics have come back with a vengeance to hit the oil market. What everybody feared has happened. An attack has penetrated the defenses of Saudi Arabia’s massive Abqaiq oil processing facility, the heart of the kingdom’s oi

Crude Oil

Trump says Khashoggi likely dead, warns of 'severe' consequences

(Oct 19): President Donald Trump said it “certainly looks” like missing journalist Jamal Khashoggi is dead and warned of “very severe” consequences for the killing.

Hyflux exits Saudi Arabia project amid debt restructuring woes

SINGAPORE (May 24): Hyflux says it has decided not to go through with a project to develop three desalination plants in Saudi Arabia as a capital injection is now required, in view of its recent financial woes.  

Full Apex unit to invest $4 bil in Saudi petrochemical project

SINGAPORE (Jan 19): Full Apex (Holdings) announced Thursday that its wholly-owned subsidiary, Pan-Asia PET Resin (Guangzhou) Co., is investing US$3 billion ($4 billion) to build a petrochemical and chemical fiber integrated project in the Jazan Economic C

Commentary

Harvey makes landfall in Saudi Arabia

(Sept 4): Hurricane Harvey has devastated the Gulf Coast, and its impact is now spreading out to the rest of the US, chiefly at gas pumps.

Tokyo seeks return to glory days with piece of Saudi Aramco IPO

(July 18): When members of Saudi Arabia’s royal family visited Japan last September and again in March, the Asian country made sure at least one message got through: Please list Saudi Aramco in Tokyo.
Crown prince, Mohammed bin Salman

Saudi King names new crown prince, upending succession

(June 21): Riyadh, Saudi Arabia (AP) -- Saudi Arabia's King Salman on Wednesday appointed his 31-year-old son Mohammed bin Salman as crown prince, placing him firmly as first-in-line to the throne and removing the country's counterterrorism czar a

Aviation & Engineering

Qatar signs US$12 bil deal for US F-15 jets amid gulf crisis

WASHINGTON (June 15): Qatar will sign a deal to buy as many as 36 F-15 jets from the US as the two countries navigate tensions over President Donald Trump’s backing for a Saudi-led coalition’s move to isolate the country for supporting terrorism.

Top Hamas commander reportedly in Malaysia following Qatar expulsion

SINGAPORE (June 6): Top Hamas commander Saleh al-Arouri is believed to be in Malaysia after being expelled from Qatar amid the kingdom’s fallout with Saudi Arabia and four other Arab states, according to reports from Israel.

Trump vows to calm Gulf flareup as Saudis turn screws on Qatar

(June 6): The U.S. said it will seek to defuse a growing rift between its energy-rich Gulf allies after Saudi Arabia led a drive to isolate Qatar by cutting off air and sea transport and closing the tiny nation’s only land border.
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