The focus of the new venture will be on opportunities with significant potential for local value creation.
Read More »Saudi Arabia Plans to Slash Crude Exports to US
Saudi total exports are set to drop to around 7mn bpd in January.
Read More »Saudi Aramco Signs Agreement with Raytheon to Establish Cybersecurity JV
The JV will help increase the cybersecurity protections available to the Saudi oil major besides its suppliers.
Read More »SPARK. Saudi Aramco`s Energy Megaproject
The 50 km2 energy city will be constructed at between Dammam and Al-Hasa in the heart of the Saudi energy business.
Read More »Saudi Arabia’s Gas Ambitions
Saudi Aramco plans to boost its gas production to 23 billion standard cubic feet (scf) a day from 14 billion scf now.
Read More »Saudi Arabia. China`s Top Crude Supplier
The biggest boost to Saudi exports to China comes from contracts inked with new refineries starting up this year and next.
Read More »Aramco Eyes Bigger Market Share in Asia despite Output Limitation
Aramco said last week it would sign five crude oil supply agreements with Chinese customers.
Read More »Saudi Aramco to Invest $500 bln for Expansion Strategy
The spending would be in addition to the oil giant'.s proposed purchase of a majority stake in SABIC.
Read More »Novatek Completes Yamal LNG One Year Ahead of Schedule
Novatek plans to boost LNG output to 56mn tonnes by 2030.
Read More »Saudi Aramco Aims to Become China`s Top Oil Supplier in 2019
Aramco signed five new crude oil supply agreements with five Chinese customers in Shanghai in early November.
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