Experts from Saudi Arabian Chevron and Oil Spill Response Limited have joined the effort to clean up after the leak.
Read More »Qatargas Delivers First Q-Max Cargo to Thailand
Q-Max vessels can carry up to 266.000 cubic metres of LNG and are 80 percent larger than the conventional LNG vessels.
Read More »Kuwait Says Oil Spill Strikes Its Waters in Persian Gulf
Tiny Kuwait. an OPEC member nation. has the world'.s six-largest estimated oil reserves.
Read More »Saudi Aramco Prefers New York for Listing Despite Risks
Some financial and legal advisers have recommended London as a safer bet.
Read More »Neka Port Gets First Oil Swap Cargo in 7 Years
The company moved about 80 percent of the crude it pumps from its 44.000-45.000 barrels per day field through the swap deal.
Read More »Saudi Arabia. Iraq Discuss Economic Opportunities in Jeddah Meeting
Al-Falih told Arab News that they discussed Iraq’s huge mineral reserves. which have yet to be explored or invested in.
Read More »OPEC Predicts Higher Demand for Oil in 2018
Saudi Arabia told OPEC it cut output to 10.01 million bpd last month. from 10.07 million bpd in June. meaning its production fell back below its OPEC target of 10.058 million bpd.
Read More »Iraq’s Economic Activity Reduced in 2017 Due to Decline in Oil Production
The IMF noted that the medium-term growth prospects for Iraq are positive.
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 »Aramco Signs Major Deal for Maritime Industries Complex
The complex is in line with the kingdom’s economic diversification objectives.
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