The West has sought for decades to secure oil resources for its own energy security.
Read More »Saudi Aramco to Acquire Stake in Zhejiang Refining. Petrochemical Complex
Part of the project includes a third agreement with Zhejiang Energy to invest in a retail fuel network.
Read More »Putin. King Salman Salute OPEC+ Deal
Cooperation by Russia and Saudi Arabia on international energy markets will be continued.
Read More »Saudi Aramco will Invest in China`s Petrochemical Complexes during Bin Salman Visit
The investments could help Saudi Arabia regain its place as the top oil exporter to China.
Read More »Saudi Arabia. Pakistan to Form JWG for Oil Projects
Both the sides agreed to establish a JWG aiming to exchange information.
Read More »Saudi Arabia Signs Oil Agreement to Supply Pakistan
Saudi Arabia has signed an agreement to supply Pakistan with crude oil and petroleum products.
Read More »Total will Invest in Saudi Fuel Retail Market
The Saudi giant and the French group are already partners in several large-scale projects in Saudi Arabia.
Read More »Saudi Arabia Needs Oil at $80-$85 a Barrel to Balance Budget
Riyadh projects that its budget deficit will decrease this year to 131 billion riyals.
Read More »OPEC Group Trying to Continue Cut Pact with Russia
Moscow is better positioned to balance its budget at current levels than Saudi Arabia.
Read More »Aramco Plans to Ramp Up Refining Capacity in Asia
Aramco is also expanding its refining investments in China.
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