Saudi Aramco Reduces Local Gasoline Prices for Q4
Saudi Aramco announced that it started reducing gasoline prices on October 20.
OPEC | Egypt Oil & Gas - Part 13
Kuwait, Saudi to Restart Neutral Zone Oil Output
Kuwait and Saudi Arabia are negotiating to restart oil production from the jointly-operated fields in the Neutral Zone.
Saudi Arabia’s Oil Production Drops by 660,000 b/d in September After Attacks
Saudi Arabia’s oil production dropped by 660,000 barrels per day (b/d) in September, compared to August, reaching around 9.13 million b/d after an attack on its energy installation.
Saudi Arabia, Russia Confer Energy Cooperation
The Saudi Oil Minister, Prince Abdulaziz bin Salman, discussed with the Minister of Economic Development of the Russian Federation, energy cooperation to stabilize the global energy market.
Saudi Arabia, Russia Brings Stability to Oil Market
Saudi Arabia and Russia cooperate to bring “perpetual stability” in the global oil markets, Prince Abdul Aziz bin Salman, the Kingdom’s energy minister.
ADNOC Seeks Bond Issue
Abu Dhabi National Oil Co (ADNOC) is studying the possibility of a bond issue amid low interest rates.
Saudi Arabia Oil Exports Average 5.88 MM b/d
Saudi Arabia’s oil exports have decreased following the recent attacks on major facilities.
Algeria to Keep Limits on Foreign Energy Investments
The Algerian government is planning to maintain current clauses in the energy law that limit foreign stakes in oil and gas projects.
OPEC Pledges Commitment to Output Cuts
The Joint Ministerial Monitoring Committee (JMMC) has emphasized the need for continued commitment to the cooperation between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC major produce ...
OPEC Downgrades Forecasted Oil Demand Growth
The Organization of the Petroleum Exporting Countries (OPEC) has cut its forecast for global oil demand growth in 2020.
