Aramco already controls a large refinery in Texas. after it bought over partner Shell’s stakes in Motiva in March 2016.
Read More »Khalid Al-Falih Discusses Oil Market with Iraqi PM
Saudi Arabia and Iraq are OPEC’s two biggest producers.
Read More »Saudi Oil Minister Annoyed of Shale Hype
The comments from al-Falih were quickly met with pushback from the IEA’s top officials.
Read More »Kurdistan Denies to Hand Over Its Oil to Baghdad
Foreign investments are the only way for Iraq’s reconstruction to move forward.
Read More »What`s Behind Russia and Saudi Arabia`s Oil `Bromance`?
In global politics. as in business. there are no ``friends`` and there is no ``bromance.
Read More »US Shale Won`t Be Oil Market `Spoiler`
Falih said OPEC and its non-OPEC allies would exit from oil production cuts very gradually and smoothly.
Read More »Aramco`s 2018 IPO Schedule Is Wavering
The IPO is the brainchild of Crown Prince Mohammed Bin Salman as the cornerstone of his Vision 2030 program to reform the country’s oil-dependent economy.
Read More »Masdar Chief Urges Saudi Arabia to Tap Wind Energy
Masdar has invested about 10 billion dirhams ($2.7 billion) in projects worldwide.
Read More »Hydrogen Power Storage Development Gaining Impetus
The years 2020 to 2030 will be for hydrogen what the 1990s were for solar and wind.
Read More »LNG Global Supply Glut May Persist Until 2020
Like its competitors across the upstream sector. PTT has been cutting the costs of production.
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