Tag Archives: Persian Gulf Countries

Russia’s crude oil production in April stood at 11.24 million barrels per day. still slightly off its promised level of 11.191 million bpd.

Aramco is expanding its refining and petrochemical business globally.

The four LNG trains will expand Qatar’s production from 77 mta to 110 mta of LNG by 2024.

Analysis suggests demand for global crude oil will rise to 89mn barrels per day by 2030.

Aramco planned to invest up to $1.6 billion in Hyundai Oilbank. to expand its foothold in South Korea.

Aramco fully owns three refineries in Saudi Arabia and the Motiva Enterprises LLC plant in the U.S.

The UAE can raise production to 3.5 million barrels per day. only if needed.

TAPI is an important linchpin in the realization of the New Silk Road in the arena of energy.

The bond sale represents an alternate way for Saudi Arabia to raise money and diversify from oil.

Surging oil prices over more than a decade helped many Gulf states expand aggressively at home and abroad.