Saudi prices set the trend for Iranian. Kuwaiti and Iraqi prices. affecting more than 12 million bpd of oil bound for Asia.
Read More »Bahrain Leads GCC with Non-Oil Growth of 5pc in 2017
Growth in Bahrain is being driven by a variety of strongly performing industries.
Read More »Kuwait Oil Minister Says OPEC not Discussing Prices
OPEC focus on market stability and managing surpluses that have a big impact on inventories in global markets.
Read More »Exxon. Sabic form Joint Venture for Texas Petchem Complex
The companies announced the project in July 2016. and aim to make a final investment decision after all necessary permits are secured.
Read More »Saudi Aramco Oil Reserves Higher than Reported
The Aramco board meets next in early May in Houston. where they will review the latest IPO developments.
Read More »Aramco Appoints First Woman to the Board
Elsenhans was named by Forbes as one of the world’s most powerful women in 2008.
Read More »Saudi Arabia Gets 1st Solar-Powered Gas Station
Many Italian and international providers of gas and petroleum products have begun to switch to photoelectric energy to power their supply stations.
Read More »Shinzo Abe Praises Relations with Oil-Rich UAE
About a quarter of all oil imports for Japan come from the UAE.
Read More »A Woman in Saudi Aramco`s Board
Saudi Aramco is the world’s top oil company.
Read More »Japan Imported 25.997 Million Barrels of Crude Oil from UAE in March
Arab oil accounted for 84.943 million barrels or 85.2 percent. of Japan’s petroleum needs in March.
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