Tag Archives: Saudi Aramco

Exxon. Chevron and Occidental are now the first U.S. energy companies to join the Oil and Gas Climate Initiative.

Refinery operations are set to begin in 2019. with petrochemical operations to follow six to 12 months later.

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 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.