Tag Archives: Persian Gulf Countries

The two sides previously discussed construction of three or more nuclear power plants with VVER-1200 reactors.

The company also plans to expand its Tanajib onshore oil facilities and construct a new gas plant.

Saudi Arabia. with the world’s biggest reserves of conventional crude. has long drawn on its prolific deposits to help balance global oil markets.

An Iranian lawmaker says Saudi Arabia'.s persistence in the continued seizure of an Iranian oil tanker is stirring tensions in the region.

The IPO project was first announced in 2016 as the cornerstone of the Vision 2030 plan to modernise the Saudi economy.

State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.

The Strategic Conference will host five panel sessions and four roundtable discussions on the entire heavy oil value chain.

Russia agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil output.

The deal removed 1.2 million barrels a day of OPEC+ production. helping to send oil prices higher.

Saudi Aramco operates a pipeline with a capacity of 5 million barrels a day .