Faced with European proposals for higher taxes on oil, Saudi Arabia is signalling desperately that it wants higher prices. This makes a change from its earlier policy of restrained oil pricing. This
Saudi Arabia, the world's top oil exporter, is burning more crude in domestic power plants to keep new wells pumping and produce cleaner electricity, likely eliminating demand for imported fuel this summer.
An environmental group on Wednesday asked U.S. Secretary of State Hillary Clinton to deny permits for pipelines that would bring oil from Canada's oil sands to the United States.
Jeddah: Finance minister P Chidambaram on Sunday made a case for oil producing nations to step up output and regulate prices failing which developing nations stood to lose their hard-earned
The oil boom in the Gulf has taken a toll of the wheat farms of Saudi Arabia. Large tracts of rich, arable land are slowly drying up in the Saudi Arabian desert as the once lucrative
