Petroleum use will keep growing for decades to come: Nasser World’s largest producer remains on track for IPO next year The boss of Saudi Arabia’s state oil company defended petroleum Continue Reading
Remote-controlled boat laden with explosives intercepted Saudi Arabia building 400,000 barrels/day refinery in Jazan Saudi Arabia’s security forces foiled an attempt to blow up an oil product distribution center in Continue Reading
Three tenders scheduled for 3.45 gigawatts of photovoltaics Aim is to cut domestic use of crude, diesel and fuel oil Saudi Arabia is hoping its solar-power program will generate 7,000 Continue Reading
‘OPEC market share battle hasn’t gone away’: ENBD’s Bell China data for March show Iraq, Iran boosting crude sales Saudi Arabia, the world’s biggest crude exporter, is losing market share Continue Reading
Iraq has started work on the third and final phase of the Halfaya oil field expansion, with the goal to double production capacity next year, a company official at the Continue Reading
British energy company Petrofac said Tuesday it scored a multimillion-dollar contract in part to help Iraq expand port facilities for the Persian Gulf. “Over the coming months we will focus Continue Reading
As Saudi Arabia’s deputy crown prince, Mohammad bin Salman Al Saud, pushes his nation’s Vision 2030 economic overhaul and crows of the $2 trillion Saudi Aramco valuation (ahead of its Continue Reading
The bombing raid targeted a PKK affiliate, but KRG Peshmerga were killed. A former IS group hideout occupied by fighters from several PKK-aligned militias west of Sinjar, Nov. 12, 2015. Continue Reading
Discoveries in the Persian Gulf of petroleum reserves may boost Iran’s ranks in terms of global capacity, a national director said. Ali Vakili, identified by the Iranian Oil Ministry’s official Continue Reading
Officials at Saudi Arabian Oil Co. have told their superiors there is a hitch in the plans to take the state-owned oil company public: It is likely worth at least Continue Reading
