A new joint-venture refinery in Saudi Arabia will load its second diesel cargo and started gasoline production earlier this week, a source close to the company
World oil prices have fallen too far, the president of state-owned energy giant Saudi Aramco said on Tuesday, stressing it was for the market not OPEC producers to shore them up.
Saudi Arabian Oil Co. plans to start natural gas production at a field near Jordan next year as the world’s biggest crude exporter is “investing big in gas,” CEO Khalid Al-Falih said.