Ministry wants to remove all forms of subsidies in gas and electricity to reflect real price.
Read More »Saudi Arabia Progress Nuclear. Renewable Power
Kingdom’s first large scale nuclear plant to be commissioned in 2027.
Read More »Saudi Aramco Seek Adviser for Global Gas Deals
Aramco in late 2017 invited international banks to pitch for the advisory role to help identify acquisition targets.
Read More »UAE. Kuwait Target June for Talks on Phasing Out Oil Cuts
The global agreement to limit production is making progress in re-balancing supply and demand for oil.
Read More »Russia to Waver on Length of OPEC Output Cuts Extension
OPEC and allied oil producers should extend their production cuts beyond March to help rebalance the market.
Read More »Low-Cost LNG Base Is Qatar’s Unique Advantage
The US began its first major international LNG shipments in 2016.
Read More »Spending Discipline. Higher Oil Revenues to Narrow Saudi Fiscal Deficit
Short term improvement in oil prices may slowdown fiscal reforms.
Read More »Masdar Signs Contract for GCC Offshore Wind Farm
GE will lead the consortium. which includes Spain’s TSK. which will build 13 turbines.
Read More »Saudi Aramco Awards First Contract for Planned Shipyard Complex
Aramco. which is leading construction of the shipyard. did not reveal the value of the contract.
Read More »Libya Crude Floods Market Again
It may be a challenge for Libya to maintain its current rate of exports.
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