Saudi Oil Exports Declines in June by 221,000 B
Saudi Arabia’s oil exports reached 6.721 million barrels per day (b/d) in June, down from 6.942 million b/d in May.
Saudi Arabia | Egypt Oil & Gas - Part 23
Saudi Aramco Asks Banks for IPO Roles
Saudi Aramco has recently asked major banks to submit proposals for potential roles in its planned initial public offering (IPO).
Sipchem Completes Maintenance at AIC’s Acid Plant
Sahara International Petrochemical Company (Sipchem) completed the periodic maintenance activities for the Acetic Acid Plant of the International Acetate Company (IAC).
Aramco Cuts Arab Light Septrmber Prices for Asian Markets
Saudi Aramco announced that the price of the Arab Light crude to Asian customers has been decreased by $0.75 per barrel for September delivery.
Saudi Oil Exports to China Hit Record Level
Saudi Arabia’s crude oil exports to China soared to 1.74 million barrels per day (b/d) in July, while shipments to the US tumbled to 161,000 b/d compared with 1.03 million b/d a year earlier.
Saudi Aramco Awards NESR $660 MM Contract
National Energy Services Reunited Corporation (NESR) announced that it has been awarded a number of contracts in Saudi Arabia worth a combined $660 million.
Saudi Arabia Renews Commitment to Output Cuts
The Saudi Minister of Energy, Khalid Al-Falih has discussed with his Russian counterpart the recent developments in global oil markets.
Saudi Arabia’s Oil Production Down 200,000 b/d in July
Saudi Arabia’s oil production fell to 9.6 million barrels per day (b/d) in July and is expected to stay below the 10 million b/d level in the coming months.
Border Demarcation with Cyprus, Saudi Arabia to Boost Gas Discoveries: El Sisi
This came during the “Ask the President” session, as part of the National Youth Conference held on July 30-31, in response to a question on the Eastern Mediterranean gas discoveries.
Saudi Oil Exports to China Hit Highest Level Since 2013
Saudi Arabia has compensated China for the shortage of crude oil supplies due to the US-imposed sanctions on Iran. After Chinese oil importer crude Iranian imports decreased to their lowest level since 2010.
