Tag Archives: Saudi Arabia

Saudi oil facilities as well as foreign tankers in and around the Persian Gulf have been the target of several attacks over the past year.

Saudi Aramco describes its Abqaiq oil processing facility there as ".the largest crude oil stabilization plant in the world.".

The 24-member OPEC and non-OPEC alliance decided last year to cut production by 1.2 million barrels per day (bpd) from January 2019.

Oil demand growth will be ``significantly higher`` helped by a comparatively low base in the second half of 2018.

Russia highly appreciated the existing dialogue between Moscow and Riyadh and was committed to continuing to develop bilateral cooperation.

Aramco plans to float around five per cent of the state-owned company in 2020 or 2021.

Aramco’s first attempt at a listing attracted a flurry of pitches from top global exchanges from New York to Tokyo seeking to host the listing.

Yemeni rebels attacked oil and gas facilities at the Shaybah field in southeast Saudi Arabia. but failed to disrupt production.

It is the first sustainability report issued by a Chinese company in the Kingdom.

Russian exports to India jumped fivefold to 3 million tons in the year ending March 2018.