Tag Archives: Saudi Arabia

It is on the non-oil sector that the kingdom’s economic fortunes will ultimately rest.

Saudi Aramco Retail Company will sell automotive fuels through a network of filling stations in the country.

The 50 km2 energy city will be constructed at between Dammam and Al-Hasa in the heart of the Saudi energy business.

The Spark project forms part of Vision 2030. which is an initiative promoted by the Saudi Arabian government.

Japan is the world’s top LNG consumer. with Russia among its key LNG suppliers.

Total oil production in the United States will be nearly equal to that of Russia and Saudi Arabia combined by 2025.

The 1.2-million-bpd cut is basically the currently expected production growth in the United States for next year.

South Korea imported 8.8 million barrels of light sweet WTI Midland and Eagle Ford crude and condensate in October.

The U.S.-China trade war would not have an impact on Saudi Arabia’s relationship with China.

The focus of the new venture will be on opportunities with significant potential for local value creation.