Tag Archives: Saudi Arabia

Aramco raised pricing on all grades to Northwest Europe and the Mediterranean region for October.

When the Aramco IPO was proposed in 2016. Saudi officials had expected it would raise up to $100 billion to fund his reform agenda.

RAPID will contain a 300.000-bpd refinery and a petrochemical complex with a capacity of 7.7 million tonnes a year.

Some 15.000 Yemenis have been killed and thousands more injured since the onset of the Saudi-led aggression.

Saudi Arabia still wants to keep oil prices as high as possible without offending Washington.

The oilfield is one of the three major offshore expansion projects in Saudi Arabia.

The oil pipeline is not the only project that highlights Saudi Arabia’s aspirations in Yemen.

The October OSPs will also mark the first change in Saudi’s crude price benchmarks since the mid-1980s.

When the IPO was initially flagged in 2016. Saudi officials hoped it would raise as much as $100 billion.

The committee groups representatives are from Saudi Arabia. Russia. the United Arab Emirates. Kuwait. Algeria. Venezuela and Oman.