The company also plans to expand its Tanajib onshore oil facilities and construct a new gas plant.
Read More »Aramco Awards $18 Billion in Deals to Boost Capacity. despite OPEC Pledge to Restrict Output
Saudi Arabia. with the world’s biggest reserves of conventional crude. has long drawn on its prolific deposits to help balance global oil markets.
Read More »S. Arabia`s Insistence on Holding Iranian Oil Tanker Provoking Tehran
An Iranian lawmaker says Saudi Arabia'.s persistence in the continued seizure of an Iranian oil tanker is stirring tensions in the region.
Read More »Saudi Aramco Restarting Preparations for Mega IPO
The IPO project was first announced in 2016 as the cornerstone of the Vision 2030 plan to modernise the Saudi economy.
Read More »Saudi Arabia may Cut August Crude Oil Prices to Asia
State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.
Read More »Oman to Welcome more than 100 International Speakers at the World Heavy Oil Congress & Exhibition
The Strategic Conference will host five panel sessions and four roundtable discussions on the entire heavy oil value chain.
Read More »Russia. Saudi OPEC+ Extension Pact will Help Stabilize Oil Market
Russia agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil output.
Read More »Russia. OPEC will Support Oil Prices
The deal removed 1.2 million barrels a day of OPEC+ production. helping to send oil prices higher.
Read More »Saudi Aramco Claims Can Keep Oil Flowing If Hormuz Disrupted
Saudi Aramco operates a pipeline with a capacity of 5 million barrels a day .
Read More »Qatargas Delivers Largest Single` LNG Cargo at Turkey`s Marmara Terminal
The Marmara LNG terminal is owned by BOTAS. the Turkish state-owned integrated gas company.
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