Saudi Arabia has the capacity to produce 12 million bpd and is currently producing 10.7 million bpd.
Read More »Saudi Arabia Cannot Replace Iranian Oil in the Market
The Trump administration has called on all buyers of Iranian oil to cut imports to zero.
Read More »Saudi Arabia will Supply Extra Oil Cargoes to India as Iran Sanctions Loom
India is Iran'.s top oil client after China.
Read More »Saudi Aramco Plans to Lead Global Non-Metallic Materials Sector
Aramco plans to cater to the renewables sector by helping replace the use of glass in solar panels with polycarbonate.
Read More »Total. Aramco to Start Jubail Petrochem Engineering Works
The Satorp refinery is a joint venture in which Saudi Aramco holds a 62.5 percent stake. while Total holds the other 37.5 percent.
Read More »Petchems will Drive more than a Third of Oil Demand Growth by 2030
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.
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