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The two sides previously discussed construction of three or more nuclear power plants with VVER-1200 reactors.
Read More »Russia. Saudi Arabia in Talks on New Oil. Gas. Petchems. Nuclear Cooperation
Saudi Arabia Explores Investment Opportunities in Gas Projects Globally
The company also plans to expand its Tanajib onshore oil facilities and construct a new gas plant.
Read More »Aramco Awards $18 Billion in Deals to Boost Capacity. despite OPEC Pledge to Restrict Output
Saudi Arabia. with the world’s biggest reserves of conventional crude. has long drawn on its prolific deposits to help balance global oil markets.
Read More »Saudi Aramco Restarting Preparations for Mega IPO
The IPO project was first announced in 2016 as the cornerstone of the Vision 2030 plan to modernise the Saudi economy.
Read More »Saudi Arabia may Cut August Crude Oil Prices to Asia
State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.
Read More »Saudi Aramco Claims Can Keep Oil Flowing If Hormuz Disrupted
Saudi Aramco operates a pipeline with a capacity of 5 million barrels a day .
Read More »Hyundai Motor. Aramco will Cooperate on Hydrogen
South Korean carmaker Hyundai Motor will partner Aramco on the ``comprehensive`` development of hydrogen energy.
Read More »Saudi Aramco will Host Its First Earnings Call
Aramco is a linchpin in the plan to overhaul the Saudi economy by developing new industries and bringing in foreign investors to fuel growth.
Read More »Russia Warns of $40 Oil Even as It Holds Out on OPEC Deal
Saudi Arabia and Russia. the two largest producers in the OPEC coalition. voiced concerns that falling oil demand could send prices below $40 bbl as they met in Moscow.
Read More »Oil Industry Banks On Shaky Plastic Bet
Even as oil demand is beginning to weaken this year due to a brewing economic slowdown. the oil industry faces a longer-term threat to oil demand as bans on plastic begin to multiply.
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