Tag Archives: Saudi Arabia

Austerity helped push the economy into recession in the second quarter of 2017.

Aramco’s petrochemicals output is about 30 million tonnes a year from plants it owns and joint ventures in Saudi Arabia and abroad.

The Asian nation’s imports of Russian crude jumped 61% to a record 6.35 million metric tons in September from a year earlier.

Saudi Arabia will need huge financial and technical resources to build NEOM on the scale it envisages.

Saudi set a record on October 3 in its first solar tender.

Khalid Al Falih welcomes increasing cooperation between Iraq and kingdom.

Both the local and global firms are keen to form consortiums for the coveted project.

In Europe. American infringement of Russian dominance in gas markets is even clearer.

The kingdom’s oil company dismisses reports it could drop huge international float in favour of private stake sales.

Chinese state-owned oil companies PetroChina and Sinopec have written to Saudi Aramco in recent weeks to express an interest in a direct deal.