El Molla Tours the Future Minerals Forum’s Exhibition in Riyadh
Minister of Petroleum and Mineral Resources Tarek El Molla has toured the Future Minerals Forum's exhibition being held in Riyadh, Saudi Arabia.
Minister of Petroleum and Mineral Resources Tarek El Molla has toured the Future Minerals Forum's exhibition being held in Riyadh, Saudi Arabia.
Minister of Petroleum and Mineral Resources Tarek El Molla has participated in the second edition of the Future Minerals Forum held in Saudi Arabia under the patronage of King Salman bin Abdulaziz.
The Saudi Energy Ministry said on Twitter that Saudi Arabia and Japan have signed a memorandum of cooperation (MoC) in the areas of the circular carbon economy, carbon recycling, clean hydrogen, and fuel ammonia.
The Saudi Arabian Oil Company (“Aramco”) and TotalEnergies have made the final investment decision (FID) for the construction of a world scale petrochemical facility in Saudi Arabia.
Aramco announced its Q3 performance for 2022, stating that it has made a $42.4 billion net income in Q3 2022, compared to $30.4 billion in Q3 2021.
As a representative of the Egyptian petroleum sector, Petrojet participated in SPICONX 2022 held in Dammam, Saudi Arabia between the 3rd-6th of October.
Due to weak demand in the region and rising arbitrage shipments, the world's top oil exporter Saudi Arabia may lower October prices for the majority of crude grades it delivers to Asia.
Saudi Arabia's Kingdom Holding invested in Russian energy groups Gazprom, Rosneft and Lukoil, Reuters reported.
At a time when high oil prices and unstable energy supplies have been exacerbated by Russia's war on Ukraine, OPEC and its allies decided to slow production growth in September.
OPEC+ will continue to assess market conditions and do what is necessary as a result of a US-Arab summit on Saturday, according to Saudi Arabia's foreign minister, Reuters reported.