Saudi Arabia, Russia Agree on Extending OPEC+ Deal

• Monday, 1st July 2019
• by Editorial Team

Saudi Arabia and Russia have agreed to extend the deal sponsored by the Organization of Petroleum Exporting Countries (OPEC) to cut oil production by another six to nine months, according to Saudi Energy Minister Khal...

Saudi Arabia Looks to Acquire 30% of Novatek Arctic LNG Project

• Sunday, 28th October 2018
• by Editorial Team

Saudi Arabia aims to acquire 30% of Russia’s Novatek Arctic LNG project, Saudi Energy Minister Khalid al-Falih told Ekhbariya TV on October 25 (via Reuters). He said it was a “very ambitious project,” and ...

Saudi Aramco Appoints Female Board Member

• Sunday, 29th April 2018
• by Editorial Team

Saudi Aramco has appointed five new board members including a female executive, Reuters reported. Lynn Laverty Elsenhans, former chairwoman, president and CEO of Sunoco Inc., was appointed as a board member alongside ...

Egypt, Saudi Arabia Discussed Oil Cooperation

• Thursday, 29th September 2016
• by Sarah Samir

The Egyptian Minister of Petroleum, Tarek El Molla, met with his Saudi counterpart, Khalid Al Falih, to discuss methods of mutual cooperation between the two countries, reported Al Borsa News. The two ministers discus...

Aramco plans early start at Wasit

• Thursday, 9th December 2010
• by Egypt Oil & Gas

Saudi Aramco plans to bring the giant Wasit gas plant on line in 2013, earlier than expected, as it speeds up gas output expansion to meet rising domestic demand. The state-owned company is now focusing on raising gas...