Tag Archives: Saudi Arabia

Last week. Aramco signed US$4.5 billion worth of total contracts with international companies to boost its gas production and processing capacity.

This production growth rate will turn the United States from a net importer of oil into a net exporter by 2025.

The Saudi government plans to list five per cent of Aramco’s shares in 2018.

Most of the recent talk about Aramco’s international listing venue has centered on New York and London.

After extensive studies of other international stock markets. the ``right`` decision on the international venue will be taken ``at the right time``.

An oil pipe exploded in Buri village in Bahrain on Friday night.

Khalid al-Falih’s statement came as almost 200 countries started talks in Germany to bolster a global climate accord that the United States plans to quit.

Masdar has invested about 10 billion dirhams ($2.7 billion) in projects worldwide.

Outside the kingdom. the impact will be felt in business. finance and oil markets.

Orbital satellite data suggests that Saudi Arabia’s crude oil inventories have risen slightly since early 2016.