Saudi Arabia threw open its doors to tourists on Friday (September 27), launching a new visa program for 49 countries and appealing to foreign companies to invest in a sector...
MANILA, Philippines – Oil companies are set to impose another big-time oil price hike next week. This means an additional P2.00/L will be imposed on the price of gasoline and...
Saudi Arabia on Wednesday (September 18) displayed remnants of what it described as Iranian drones and cruise missiles used in an attack on Saudi oil facilities as “undeniable” evidence of...
MANILA, Philippines – The government may suspend the implementation of excise tax in oil products if global prices continue to soar in the coming months as a result of the...
Saudi Arabia will restore its lost oil production by the end of September and has managed to recover supplies to customers to the levels they were at prior to weekend...
Saudi Arabia’s oil supply is fully back online after weekend attacks halved output and the kingdom will achieve 11 million barrels per day (bpd) capacity by the end of September...
Oil shed some of its massive gains on Tuesday (September 17) as the United States flagged the possible release of crude reserves, but the threat of military action over the...
U.S. President Donald Trump on Monday (September 16) said it looked like Iran was behind attacks on oil plants in Saudi Arabia at the weekend that raised fears of a...
MANILA, Philippines – The Philippine government is ready to repatriate thousands of Filipinos from Saudi Arabia who were affected by the attacks on oil sites last weekend, the Department of...
An attack on Saudi Arabia’s Aramco oil facilities was a reciprocal measure by “Yemeni people” to assaults on this country, said Iranian President Hassan Rouhani on Monday (September 16), hours after a Saudi-led coalition said the attacks were...