Saudi Arabia in Discussions to Sell 1% Stake in Aramco
Crown Prince Mohammed bin Salman stated that Saudi Arabia is in discussions to sell 1% of Aramco to a leading global energy company, according to Reuters.
Saudi Arabia | Egypt Oil & Gas - Part 12
ENOC, Rotary Arabia Develop Terminals Infrastructure in Saudi Arabia
ENOC Group along with Rotary Arabia, which is one of the Engineering, Procurement and Construction (EPC) contractors in Saudi, announced that the completion of developing the needed infrastructure for transporting ...
Aramco’s Production Averages at 12.4 mmbbloe/d in 2020
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 1 mmbbl/d Reduction in Domestic Hydrocarbons Consumption
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 Sends First Oil Cargo to UAE After Restoring Ties
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
El Molla Attends the 5th IEF-EU Energy and Climate Day
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, Russia Differ in OPEC+ Meeting
Saudi Arabia and Russia are once again on contrary before crucial OPEC+ meeting about the oil market, according to Bloomberg.
ADNOC Distribution to Acquire 20 Service Stations in Saudi Arabia
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.
Aramco to Sell More Shares to Reinforce State’s Sovereign Wealth Fund
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 Keeps To Rank as Oil Supplier to China in 2020
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 .
