Tag Archives: Persian Gulf Countries

It is the first sustainability report issued by a Chinese company in the Kingdom.

The new arrangement will compensate for the stoppages of RIL’s purchases of Iranian and Venezuelan crude following US sanctions on both countries.

Russian exports to India jumped fivefold to 3 million tons in the year ending March 2018.

The average selling price for Aramco’s crude fell to $66 bbl in the first half from $69 bbl a year earlier.

Reliance Industries Limited (RIL). is to sell 20 percent of the ownership of its refining and petrochemical business to Saudi Aramco for $15 billion.

OPEC can no longer ignore Russia because of its importance as an oil exporter and its economy.

Saudi Arabia. the world’s largest oil exporter. has already cut production more than required.

Saudi Arabia. the world’s largest oil exporter. has already cut production more than required.

Saudi Arabia. the world’s largest oil exporter. has already cut production more than required.

The two side also discussed the oil market conditions and the Kingdom’s keenness to maintain its stabilities.