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.
Read More »Pouyanne Plan to Enlarge Joint Venture with Saudi Aramco
The French oil major intends to enlarge its refinery joint venture with state oil giant Saudi Aramco.
Read More »ADNOC Launches Oil and Gas Exploration Round
ADNOC is to maintain a 60 percent share during the production phase. he said at a news event in Abu Dhabi to announce the bidding round.
Read More »Saudi Aramco Took First Steps to Expand Largest U.S. Refinery
Chevron Phillips is considering building a second ethane cracker on the Gulf Coast of Texas.
Read More »Iraq Plans to Cooperate with Baker Hughes. GE
It is the second contract signed by Iraq to process gas associated with oil. after one with U.S. energy firm Orion in January.
Read More »Saudi Arabia to Cut May Crude Prices to Asia
State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.
Read More »China Hints at Early ‘Petro-Yuan’
The Chinese plans to pay in yuan for oil are at early stages.
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