"State oil giant Saudi Aramco has suspended plans to build a US$2 billion clean fuels plant at its largest oil refinery in Ras Tanura, three industry sources said. The energy project appears to be one of the first suspended in Saudi Arabia in response to the halving of the oil price in the last six months."...Read more
Ed. note: Google wouldn't allow copy and paste from original article by The Malay Mail Online filed from Khobar, Saudi Arabia. At least it wouldn't allow copy and paste to my computer. The Malay Mail Online joins the crowd of sites that apparently bother google.
Saudi Aramco cancels clean-fuels project due to low oil price, sources say - See more at: http://www.themalaymailonline.com/money/article/saudi-aramco-cancels-clean-fuels-project-due-to-low-oil-price-sources-say#sthash.iS3wFyBu.dpuf