Each of the U.S. producers acting individually can only impact a fraction of a percentage of the world oil market.
Read More »Saudi Aramco Plans to Set Up New Construction Unit
Both the local and global firms are keen to form consortiums for the coveted project.
Read More »China`s CEFC Eyes Big League with Rosneft Oil Offtake Deal
ESPO is one of the most actively traded crude oils in Asia. and is popular among Chinese refiners.
Read More »Saudi Aramco Denies It Is Planning to Shelve $2 Trillion Listing
The kingdom’s oil company dismisses reports it could drop huge international float in favour of private stake sales.
Read More »China Keen to Buy 5% of Saudi Aramco Directly
Chinese state-owned oil companies PetroChina and Sinopec have written to Saudi Aramco in recent weeks to express an interest in a direct deal.
Read More »Saudis Mull Delaying Intl Aramco IPO Until 2019
Saudi Arabia has been making contingency plans for a possible delay of the IPO. expected to be the largest in history.
Read More »China Will `Compel` Saudi Arabia to Trade Oil in Yuan
In recent years. several nations opposed to the dollar being the world'.s reserve currency have progressively sought to try and abandon it.
Read More »Iraq and Iran Boost Oil Exports in Sales Battle with Saudis
OPEC is to meet in November to discuss a possible extension of the deal beyond March.
Read More »Saudi Aramco Exploring Investment. JV Options in India
Saudi Aramco’s commitment to invest in India’s energy sector comes in the wake of the complete removal of subsidy and administered pricing of auto fuel since October 2014.
Read More »Saudi Aramco Expands in India
Saudi Arabia is competing with Iraq to be India’s top oil supplier. with Iraq displacing it for a fifth month in a row in August.
Read More »