Saudi Arabia Oil Fields

Iran and Kuwait have held unsuccessful talks for many years over their disputed,rich in natural gas, maritime border area.Recent attempts to revive negotiations have failed, Iran's oil minister said Tehran may pursue work on field without permission.

Saudi Arabia said on Monday it had seized weapons from a boat captured after shots were fired by security forces near an oil platform in the Arabian Gulf, at a time of tension with Iran and Qatar.The incident happened at about 8:30 pm on Friday when three small boats entered Saudi Arabia territorial waters and "headed at speed towards platforms of ...

The powerful young prince overseeing Saudi Arabia's economy unveiled ambitious plans on Monday aimed at ending the kingdom's "addiction" to oil and transforming it into a global investment power.

Saudi Arabia and Kuwait have begun talks to resolve a dispute that halted oil production in the neutral zone between the Gulf neighbours, the Kuwaiti oil minister said.

Iran and Kuwait have held unsuccessful talks for many years over their disputed,rich in natural gas, maritime border area.Recent attempts to revive negotiations have failed, Iran's oil minister said Tehran may pursue work on field without permission.

Saudi Arabia said on Monday it had seized weapons from a boat captured after shots were fired by security forces near an oil platform in the Arabian Gulf, at a time of tension with Iran and Qatar.The incident happened at about 8:30 pm on Friday when three small boats entered Saudi Arabia territorial waters and "headed at speed towards platforms of ...

The powerful young prince overseeing Saudi Arabia's economy unveiled ambitious plans on Monday aimed at ending the kingdom's "addiction" to oil and transforming it into a global investment power.

Saudi Arabia and Kuwait have begun talks to resolve a dispute that halted oil production in the neutral zone between the Gulf neighbours, the Kuwaiti oil minister said.