Aramco. the world’s biggest oil producing company. is in talks to acquire a stake in Sabic. the region’s biggest petchems producer.
Read More »Saudi Arabia will not be Able to Fill Looming Oil Supply Gap
Saudi Arabia has been under pressure by the US to pump more barrels to prevent oil prices from overheating.
Read More »Saudi Stocks Lead Gulf Drop as Aramco IPO Confirmed
The stalled plan to sell shares in oil giant Aramco will go ahead.
Read More »Saudi Crown Prince Predicts Russia & China’s Exit from Oil Market
The bold claim was made by the Saudi crown prince Mohammed bin Salman during a lengthy interview with Bloomberg. published Friday.
Read More »Saudi Crown Prince Promise Aramco IPO by early 2021
The planned listing of the world'.s biggest oil producer was to be the cornerstone of the kingdom'.s promised economic overhaul.
Read More »Saudi Arabia Supplies about 5 mln bpd to Asian States
Oil from Eastern Russian field is very competitive.
Read More »Saudi Arabia. Russia Agreed in September to Lift Oil Output
Iran accused Saudi Arabia and Russia on Wednesday of breaking OPEC’s agreement on output cuts by producing more crude.
Read More »Saudi Arabia. Russia Violated OPEC Deal on Output Cuts
U.S. sanctions on Iran’s petroleum sector are set to take effect next month.
Read More »Saudi Arabia Plans Oil Production Rise in October. November
Oil producers have added a total of about 1 million bpd output in ``recent weeks and months``.
Read More »Pakistan-Saudi Arabia will Sign Four MoUs
Pakistan is importing about 110.000 barrels per day crude oil from Saudi Arabia
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