China’s Saudi Oil Imports Rise 47%
China’s oil imports from Saudi Arabia rose by 47% in 2019.
Saudi Arabia | Egypt Oil & Gas - Part 16
Saudi Aramco, Samsung Ink Gas Deal
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 ...
OPEC to Extend Production Cuts Until Year- End
The Organization of the Petroleum Exporting Countries (OPEC) could extend its oil production cuts until the end of 2020.
Saudi Aramco Ranks Among Most Valuable Brands
Saudi Aramco has been named the most valuable brand in the Middle East and North Africa (MENA) region with a brand value of around $46.8 billion.
Production to Resume in Wafra Field
Wafra field, located in the Neutral Zone, will restart its oil production by March, according to Khaled Al-Fadhel, Kuwaiti Oil Minister.
PKN Orlen to Increase Oil Imports from Saudi Aramco
PKN Orlen, the Polish oil refiner, announced that it will increase its monthly imports of crude oil from Saudi Aramco to around 400,000 tons.
SAGIA Inks MoU with China
The Saudi Arabian General Investment Authority (SAGIA) inked a memorandum of understanding (MoU) with China’s Shen Gong New Materials to establish an intelligent electronic manufacturing facility.
IMF Retracts Saudi Arabia’s Economic Growth Forecast
The international Monetary Fund (IMF) has lowered its forecast for Saudi Arabia’s economic growth to 1.9%, retracting its initial anticipation on the kingdom's economic growth to increase by 2.2% in 2020.
Saudi IMI, ARO Drilling Sign Two RPAs
Saudi Arabia’s International Maritime Industries (IMI), a joint venture (JV) between Saudi Aramco, Lamprell, Bahri and Hyundai Heavy Industries, signed two rig purchase agreements (RPAs) with ARO Drilling, in addi ...
Saudi Aramco Engages in Oil, Gas Expansion Projects
Saudi Aramco pays a great deal of attention to launch five major expansion projects, aiming to boost Saudi Arabia’s crude oil and natural gas output.
