Approximately 60 percent of Kuwaiti consumption of natural gas is used for the refining and petrochemical sector.
Read More »OPEC Mulling Longer Oil Cuts at June Meeting
OPEC and other suppliers including Russia will discuss continuing the global production limits beyond the end of the year.
Read More »Saudi Arabia`s 400MW Wind Project Receives Four Bids
The kingdom is expected to tender nearly 4GW of renewable capacities this year.
Read More »OPEC Oil Production Fell by 200.000 bpd in March
Saudi Arabia’s March production fell 47.000 barrels to 9.934 million barrels a day.
Read More »Rise of Global LNG Demand over 2023-2030
Qatar is the world’s lowest cost major producer of LNG.
Read More »Oman-Iran to Finalize Subsea Gas Pipeline Deal
In February last year. Tehran and Muscat signed a preliminary agreement on the pipeline project that is estimated to cost $1.2 billion.
Read More »India Expands Cooperation with Saudi Aramco in Planned Mega Refinery
Saudi Aramco. the world’s biggest oil producer. is moving to invest in refineries overseas to help lock in demand for its crude.
Read More »Saudi Oil Minister Happy with Oil Market at Present
Global benchmark Brent crude oil futures were trading at $70.78 a barrel at 0342 GMT.
Read More »Sinopec Cuts Oil Supply from Saudi Arabia
Sinopec put in the request earlier this week after national oil company Saudi Aramco set higher-than-expected prices.
Read More »Saudi Exchange Ready for Aramco Listing
There has been worry both in Saudi Arabia and abroad that Tadawul will not be able to take in the placement of Aramco shares without suffering a major strain.
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