Saudi Aramco Plans Shale U.S. Shale Gas Move
Saudi Aramco, which has an ambitious plan to grow its natural gas business, is considering investing in the Marcellus shale gas assets of Norway’s Equinor in what would be the Continue Reading
Saudi Arabia’s oil exports to stay below 7 million barrels per day in June: Gulf source
Saudi Arabia is expected to keep its crude exports below 7 million barrels per day in June, while output will stay under its production quota under a global deal to Continue Reading
Saudi Arabia Hikes Oil Prices For Asian Buyers As Supply Crunch Hits
Saudi Arabia has increased its official selling prices for all crude oil grades for Asian buyers with delivery in June as a supply crunch resulting from U.S. sanctions on Iran Continue Reading
The Saudi Plan To Boost Spare Oil Production Capacity
Even as Saudi Arabia’s oil production reached record levels, with total output hitting 11.1m barrels per day (bpd) in November 2018, the country is boosting levels of investment to ensure Continue Reading
Saudis won’t take unilateral oil deal steps until June: Azerbaijan
Top oil exporter Saudi Arabia gave assurances to Azerbaijan that it would not take any unilateral decisions on the global oil deal between OPEC and its allies until June, Azerbaijan’s Continue Reading
What Explains China’s Thirst For Saudi Oil
China stepped up purchases of Saudi oil in the first four months of this year as a private refiner is raising crude intake from the Kingdom that has secured term Continue Reading
Saudi Plans Leak: Riyadh May Raise Oil Production, But Not Exports
Saudi Arabia may pump more oil next month but this does not necessarily mean it will raise exports as well, Reuters reports , citing sources familiar with Riyadh’s plans. The Continue Reading
Saudi oil output may rise in June, but U.S. may not get the extra exports it wants
Saudi Arabia’s oil output may edge up in June, sources familiar with the kingdom’s policy said, but the extra crude may be used for domestic power generation rather than providing Continue Reading
Saudis Look To Boost Gas Production In A Big Way
OPEC de facto leader and the world’s largest oil exporter Saudi Arabia has now officially joined the ranks of the world’s ever-expanding liquefied natural gas (LNG) exporters club. State-owned Saudi Continue Reading
Nigeria: Saudi Arabia to Build Refinery in Nigeria
Saudi Arabia has hinted on the possibility of establishing a refinery in Nigeria. Minister of Energy Industry and Mineral Resources of the Kingdom of Saudi Arabia, Khalid Al Falih dropped Continue Reading