The IEA has forecast strong growth in gas use in other parts of Asia. including South and Southeast Asia.
Read More »Aramco Initial Public Offering will ‘Certainly’ Happen
Saudi Aramco is still in discussions to buy a stake in petrochemicals company Saudi Basic Industries Corp. (Sabic).
Read More »December. A Hot Month for OPEC
Oil prices at $70 or above is never the best choice for the consumers and Russia is in that camp.
Read More »Saudi Arabia Plans to Reduce Oil Supply
Russian participation was key to helping OPEC rebalance the market during 2017-18.
Read More »Phase Two Development of Libya’s Bahr Essalam Gas Field to Finish by End 2018
The field is operated by Mellitah Oil and Gas. a joint venture between the NOC and Eni.
Read More »OPEC Urges Producers to Increase Oil Capacities
Members of OPEC and non-OPEC countries participating in a supply-reduction agreement are on course to reach 100 percent compliance.
Read More »World’s Biggest Traders Predicts Oil at $65-$100 a Barrel Next Year
Emerging-market crises and trade disputes could dent global demand.
Read More »Saudi Arabia Desires to Invest in Alternative Energy. Oil Refining Sector in Pakistan
The Saudi delegation also met PM’s Adviser on trade Abdul Razak Dawood and discussed ways to increase bilateral trade.
Read More »Saudi Arabia Seeks Investment Options in Sudan
The Kingdom has an advantage in being one of the leading players in the mining sector.
Read More »Gulf Exporters Benefit as Battle for Asia Market Share Heats Up
A tariff war between China and the US may damage global trade but could benefit Gulf oil exports.
Read More »