Aramco to Reveal H1 Financials in August
Saudi Aramco will hold its first-ever earnings call in August to announce the results of the first half of 2019.
Saudi Aramco will hold its first-ever earnings call in August to announce the results of the first half of 2019.
BP has increased the estimates for crude oil reserves in Saudi Arabia by 12% to roughly 298 billion barrels by 2018-end.
The Organization of the Petroleum Exporting Countries (OPEC) is about to make its decision on extending the output cut agreement, according to the UAE energy minister Suhail Al-Mazroui.
Sahara International Petrochemical Company (Sipchem) recently signed a 20-year hydrogen supply agreement with Saudi Aramco Shell Refinery (SASREF).
Iraqi oil minister Thamer Ghadhban expressed his support for the output cut agreement by the Organization of the Petroleum Exporting Countries (OPEC) and its allies.
Russia is growing concerned of a scenario that could see crude oil prices drop to as low as $30 a barrel if the OPEC-led output deal is not extended.
Saudi Aramco remains interested in buying a stake in Russia's Novatek Arctic LNG 2 project, according to the Saudi Energy Minister Khalid Al-Falih.
More talks are still needed with non-OPEC producers that were part of the output deal.
Saudi Arabia may recover part of its previous market share on the Indian market, especially after the US sanctions on Iran.
Saudi Aramco has resumed oil pumping via its East-West pipeline after being temporarily closed because of drone attacks.