Saudi Arabia’s Aramco achieved an average production of hydrocarbon of 12.4 million barrels per day of oil equivalent (mmbbloe/d) in 2020, of which 9.2 million barrels per day (mmbbl/d) were of crude oil.
Saudi Arabia intends to slash liquid hydrocarbons’ domestic consumption by 1 million barrels per day (mmbbl/d) to be better used and monetized, Energy Minister Prince Abdulaziz bin Salman stated.
Qatar has exported first oil cargo to a Persian Gulf neighbor since the United Arab Emirates along with other three Arab countries agreed to restore ties with Doha in January, according to Bloomberg
The Minister of Petroleum and Mineral Resources, Tareq El Molla, participated in the 5th International Energy forum of the European Union (IEF-EU) Energy and Climate Day via video conference to achieve a safe and ...
Saudi Arabia and Russia are once again on contrary before crucial OPEC+ meeting about the oil market, according to Bloomberg.
ADNOC Distribution announced that it has executed two agreements to acquire 20 service stations in Saudi Arabia worth $15.5 million in Saudi Arabia to increase it total network there to 37 stations.
Saudi Arabia Ruler, Prince Mohamed bin Salman, announce, that the state-owned Aramco Company will sell more shares as apart of its plan to reinforce the kingdom’s Sovereign Wealth Fund.
Saudi Arabia, which is the largest oil exporter in the world, keep its ranking as the first oil supplier for China during 2020, beating Russia .
The companies of Aramco and stc announced the launch of a new supercomputer under the name of Dammam 7 which is one of the top ten most powerful computers in the world
Saudi Aramco is seeking to a loan costs $7.5 billion for potential investors in its oil pipelines.
