Aramco Negotiates to Increase LNG Purchases from USA

• Thursday, 10th July 2025
• by Fatma Ahmed

Oil giant Saudi Aramco is currently negotiating with US-based Commonwealth LNG to purchase liquefied natural gas (LNG) from the planned export terminal in Cameron, Louisiana, according to four sources cited by Reu ...

OPEC+ Decisions Not Politicized: Saudi Energy Minister

• Tuesday, 21st February 2023
• by Israa Ibrahim

Decisions that OPEC+ makes are not politicized and are based on market realities, according to Abdulaziz bin Salman, Saudi Arabian Energy Minister.

OPEC+ Will Remain Proactive, Pre-Emptive, Saudi Oil Minister Says

• Wednesday, 21st December 2022
• by Israa Ibrahim

Given the market uncertainty, OPEC and its allies must continue to be proactive, according to the Saudi Arabian oil minister.

Aramco Completes Share Sale Agreement Worth $12.4b

• Sunday, 20th June 2021
• by Fatma Ahmed

Aramco announced that it has completed share and purchase agreement with the consortium including EIG and Mubadala in which the consortium has acquired a stake of 49% in Aramco Oil Pipelines company.

Kuwait, Saudi Close to Neutral Zone Final Signing

• Wednesday, 6th November 2019
• by Editorial Team

Kuwait’s Deputy Foreign Minister, Khaled Al Jarallah, said that positive consultations with Saudi Arabia regarding the Neutral Zone are continuing, noting that the two parties are looking forward to the final sign ...

ACWA to Build PV Plant in Jordan

• Wednesday, 23rd November 2016
• by Egypt Oil & Gas

ACWA Power has secured $54m in loans for a 60.3MW solar photovoltaic (PV) project located in Mafraq, 50km north-east of Amman, Jordan.

PetroRabigh to Halt Operations

• Monday, 14th November 2016
• by Egypt Oil & Gas

Saudi's PetroRabigh announced that it will suspend the operations of its ethane cracker unit for 21 days. The suspension will start mid November to complete the temporary maintenance and safety work.

Hyundai to Build Gas Plant in Saudi Arabia

• Monday, 31st October 2016
• by Egypt Oil & Gas

Oil giant Saudi Aramco has awarded Hyundai Engineering and Construction with $727m contract to build a gas facility at Uthmaniyah plant.

Aramco, Turkey Signed MoUs

• Wednesday, 12th October 2016
• by Egypt Oil & Gas

Saudi oil giant Aramco signed memoranda of understanding (MoU) with 18 Turkish firms in different sectors such as construction, power generation and related services.

Saudi Arabia, Russia Talk Oil Price Stability

• Monday, 5th September 2016
• by Egypt Oil & Gas

The crown prince of Saudi Arabia, Mohammed Bin Salman, met the Russian President, Vladimir Putin, on the sideline of the G20 summit in eastern China, to discuss possible cooperation regarding oil production freeze pr ...