Tag Archives: Persian Gulf Countries

Saudi Arabia plans to acquire a 30% stake in Russia’s USD 21-billion Arctic LNG project.

The expansion will put Qatar well ahead of Australia.

Tthis country is the biggest in terms of crude oil reserves.

Saudi Arabia and Russia could formalize a strategic partnership. marking a new era for the oil market.

Following the incident. the kingdom has been attacked by international governments and leaders.

Sanctions on Iran are expected to remove about 1 million barrels a day from the world market by the end of the year.

U.S. crude oil production has climbed by almost a third since mid-2016 to around 11 million barrels per day.

Aramco is planning to invest in some Russian oil and gas companies.

``Davos in the Desert`` has more than 150 speakers from 140 different organizations and 17 global partner entities.

The CEO of French oil giant Total says he will attend a controversial business conference in Saudi Arabia this week.