Tag Archives: Saudi Aramco

The kingdom expects its privatization programme to yield about $200bn in total through the full or partial sale of government firms.

Economic pressure on Saudi Arabia is set to intensify as the state spends at home and abroad.

OxyMem’s status in the clean energy sector has soared since Byrne. Prof Eoin Casey and Dr Eoin Syron founded it at UCD in 2013.

Oil demand will also remain surprisingly robust over the next decade.

The country’s natural gas consumption has continued to grow as has natural gas’s role in Saudi Arabia’s current energy mix.

Pertamina has signed a joint venture agreement with Aramco for the Cilacap refinery upgrade with a total investment value of around US$5.8 billion.

Yamal LNG has raised additional finance with several European banks.

Saudi Arabia is reducing its oil exports to Asia by around 7 million barrels this month.

Short-term variations in supply won’t affect the long-term trend of declining inventories. Al-Falih said.

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.