Yamal LNG has raised additional finance with several European banks.
Read More »Saudis Cut Back Oil Supply to Asia. Slash Exports to U.S.
Saudi Arabia is reducing its oil exports to Asia by around 7 million barrels this month.
Read More »Russia. Saudis See Oil Inventories Falling After Price Drop
Short-term variations in supply won’t affect the long-term trend of declining inventories. Al-Falih said.
Read More »No Immediate Need to Adjust Oil Pact
Crude prices fell about 4 per cent this week after US data showed a surprise 3.3 million barrel rise in crude inventories to 513.2 million barrels.
Read More »SOCAR to Create Another Big Petrochemical Complex in Turkey
About $11 billion of Turkey’s negative trade balance accounts for the petrochemical sector.
Read More »Aramco Raises Crude Pricing to U.S. and Asia on Increased Demand
Saudi Aramco had cut Arab Light pricing to Asia for the past three months as the kingdom fought to defend sales.
Read More »Saudi Aramco Partners with Hyundai. Lamprell and Bahri to Build GCC`s Biggest Shipyard
The deal will develop a world-class maritime yard within the King Salman International Complex.
Read More »Putin. Saudi Prince Praise Dialogue on Oil. Syria
Last December. Russia and 10 other non-OPEC nations agreed to join OPEC'.s output cuts for the first time in 15 years.
Read More »Rising Efforts for Joint Fields` Development
We need to shift our focus to speeding up the development of shared oil and gas fields.
Read More »Aramco `will Spend $18bn on Americas Growth`
Saudi state giant to focus on US refining offshoot Motiva in five-year Americas growth plan.
Read More »