Tag Archives: Persian Gulf Countries

The deal includes building a 3.000-megawatt plant in Saudi Arabia.

Under the $590 million deal. Tekfen will build satellite gas compression plants pipelines for the Haradh Gas Increment Program.

Aramco has appointed JPMorgan Chase &. Co and Morgan Stanley to advise on the SABIC deal.

Talks between Iraq and Saudi Arabia have led to ``positive results`` in collaborating in the fields of fuel and energy.

JPMorgan and Morgan Stanley have been picked to advise on Aramco’s plan to buy up to a 70 percent stake in the petrochemical maker.

An estimated 4.8 million barrels per day of crude oil and refined products flowed through the Strait in 2016 towards Europe.

U.S. crude oil inventories last week tumbled more than expected to their lowest level since 2015.

Aramco’s huge oil reserves with SABIC doesn’t automatically create much value.

Oil producer has alternative channels to transport crude to its customers in Europe.

The study is based on date only up to October 2014.