Korea
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Saudi Aramco, Samsung Ink Gas Deal
Wednesday, 29th January 2020
The project is known as Aramco Hawiyah Unayzah Gas Reservoir Storage (HUGRS), located 260 kilometers (km) east of Saudi Arabia's capital Riyadh. The area includes a gas injection facility of 1,500 million standard cubic feet per day (mmscf/d) and a gas reprocessing facility of 2,000 mmscf/d.
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KNOC to Boost Investments in Egypt
Wednesday, 21st August 2019
The Korea National Oil Corporation (KNOC) Chairman, Suyeong Yang stated that the company aims to expand its investments in Egypt to strengthen the bilateral relationship between the two countries, as well as for the active investments’ atmosphere in Egypt.
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S. Korea to Invest $27b in Omani Downstream Projects
Monday, 28th November 2016
South Korean companies will participate in Oman's large-scale energy and infrastructure projects worth over $27b. -
Saudi Arabia Signs $900m KEXIM-Backed Loan for Power Plant
Monday, 16th May 2016
Saudi Electricity Co (SEC) signed a $900m loan agreement with the Export-Import Bank of Korea (KEXIM) among other international lenders, to help finance the construction of a 2,640MW power plant in Shuqaiq.
Latest News
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Egypt to Expand Oil, Gas Exploration in Western Mediterranean
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Naftogaz Ramps up Oil Production by 20% in Egypt's Western Desert
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Petrojet, TR Sign MoU to Manufacture Heat Transfer Equipment in Egypt
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El Molla Discusses Developments in Mining Sector With Canadian Envoy
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 61.92 | -1.20% |
Crude Oil (Brent) Brent | USD/bbl | 65.83 | -1.11% |
NYMEX Natural Gas | USD/MMBtu | 2.72 | -0.37% |
OPEC Basket Price | USD/bbl | 65.10 | -0.17% |
Last Modified April 21, 2021