Saudi Arabia | Egypt Oil & Gas - Part 2

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.

El Molla Participates in the Future Minerals Forum in 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.

Japan, Saudi Arabia Clean Energy Cooperation MoC

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.

Aramco, TotalEnergies Takes FID to Build a Giant Petrochemical Complex in Saudi Arabia

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 Announces $42.4B Net Income in Q3 2022

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.

Petrojet Actively Participates in SPICONX 2022

As a representative of the Egyptian petroleum sector, Petrojet participated in SPICONX 2022 held in Dammam, Saudi Arabia between the 3rd-6th of October.

Saudi Arabia May Slash October Crude Prices for Asia

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 Pumps Investments into Russian Energy Giants

Saudi Arabia's Kingdom Holding invested in Russian energy groups Gazprom, Rosneft and Lukoil, Reuters reported.

OPEC+ Approves Modest Rise in Oil Output

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.

Saudi FM: OPEC+ Will Do What is Necessary After Assessing Market Conditions

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.

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