Tag Archives: Persian Gulf Countries

The Satorp refinery is a joint venture in which Saudi Aramco holds a 62.5 percent stake. while Total holds the other 37.5 percent.

Aramco. the world’s biggest oil producing company. is in talks to acquire a stake in Sabic. the region’s biggest petchems producer.

Baker Hughes is working across the region including in Saudi Arabia and Egypt’s supergiant Zohr gasfield in the Mediterranean.

Saudi Arabia has been under pressure by the US to pump more barrels to prevent oil prices from overheating.

The stalled plan to sell shares in oil giant Aramco will go ahead.

Iran is expected to add a massive amount of pipeline to infrastructure across the Middle East in the coming years.

The bold claim was made by the Saudi crown prince Mohammed bin Salman during a lengthy interview with Bloomberg. published Friday.

The planned listing of the world'.s biggest oil producer was to be the cornerstone of the kingdom'.s promised economic overhaul.

Oil from Eastern Russian field is very competitive.

Iran accused Saudi Arabia and Russia on Wednesday of breaking OPEC’s agreement on output cuts by producing more crude.