DUBAI - A drone attack on an oil refinery in Saudi Arabia's capital Riyadh caused a fire that was brought under control, the Saudi energy ministry said in a statement carried by state media. The attack happened at 6:05 am Saudi time, the statement said. The refinery is operated by ...

ISLAMABAD: Prime Minister Imran Khan said on Monday that completion of the oil refinery project by Pak Arab Refinery Limited (PARCO) would help the country enhance its capacity to produce petroleum products at local level. Presiding over a meeting on the establishment of Coastal Oil Refinery ...

KARACHI: New developments Reported over Pakistan Saudi Arabia $10 billion mega Oil Refinery project in Gwadar. Gwadar Development Authority (GDA) Director-General Shahzeb Khan Kakar has said that upcoming oil city project in Gwadar will host a multibillion-dollar Saudi Aramco refinery, Arab ...

RIYADH - Saudi Arabia and UAE plan $70 billion oil refinery in India, one of the largest ever across the World. Saudi Arabia and the United Arab Emirates discussed a planned refinery in the western Indian state of Maharashtra that will cost at least $70 billion, a figure that exceeds the initial ...

ISLAMABAD - A $5 billion Oil Refinery is being established in Pakistan by the United Arab Emirates (UAE). UAE will invest $5 billion in an oil refinery project in Pakistan, *Arab News* reported link on Friday. UAE Ambassador to Pakistan Hamad Obaid Ibrahim Salem Al-Zaabi said: "We are going to ...

RIYADH - The weapons used to strike Saudi oil facilities were Iranian-made, the Riyadh-led coalition said Monday, heightening fears of regional conflict after the US hinted at a military response to the assault. The weekend strikes on Abqaiq –- the world's largest oil processing facility –- ...

ISLAMABAD - Minister for Petroleum Omar Ayub Khan on Saturday said that the ground breaking of Khalifa Point Refinery project will be performed by end of this year. This eight billion dollar project is a joint venture of PARCO and the United Arab Emirates. The refinery will have output capacity ...

ISLAMABAD - A state-of-the-art oil refinery and petrochemical complex, being established at Gwadar deep seaport city, has tremendous potential to capture markets in China and Central Asian landlocked states where fuel supply takes weeks to reach through other routes. Under the China Pakistan ...

ISLAMABAD - Following signature on Memorandums of Understanding (MoUs) between Pakistan and Saudi Arabia on several projects, a nine-member coordination committee has been tasked with commanding a view of overall progress on establishment of $10 billion state-of-the-art oil refinery ...

BEIJING - Saudi Crown Prince Mohammed bin Salman met China’s President Xi Jinping on Friday and bagged a $10-billion oil deal, pressing on with his diplomatic charm offensive in Asia following a global outcry over the Khashoggi killing. Mohammed arrived in Beijing on Thursday following visits ...