Tag Archives: Saudi Arabia

The establishment of joint venture is a follow-up of a MOU for new business opportunities collaboration signed in November 2015 with Saudi Aramco.

A fifth trade source surveyed by Reuters said the price for the grade would remain unchanged from this month.

The kingdom expects its privatization programme to yield about $200bn in total through the full or partial sale of government firms.

Economic pressure on Saudi Arabia is set to intensify as the state spends at home and abroad.

OxyMem’s status in the clean energy sector has soared since Byrne. Prof Eoin Casey and Dr Eoin Syron founded it at UCD in 2013.

Oil demand will also remain surprisingly robust over the next decade.

The country’s natural gas consumption has continued to grow as has natural gas’s role in Saudi Arabia’s current energy mix.

OPEC members Libya and Nigeria were exempted from the supply cuts because unrest had curbed their output.

Gulf states accounted for 11.8 per cent of natural gas production in the world.

Pertamina has signed a joint venture agreement with Aramco for the Cilacap refinery upgrade with a total investment value of around US$5.8 billion.