Saudi Arabia, Nigeria Plan Cooperation in Oil, Gas
Saudi Arabia and Nigeria plan to draft an agreement for an oil and gas partnership.
Saudi Arabia | Egypt Oil & Gas - Part 29
Saudi Oil Exports Declines in February
Saudi Arabi's oil exports declined by around 432,000 barrels per day (b/d), reaching 8.44 million b/d in February, down from 8.87 million b/d last January.
Aramco to Acquire Shell’s Stake in SASREF
A deal is reportedly in place between the two oil giants who share the ownership of the refining complex.
Electric Vehicles Do Not Threaten Saudi Oil – Al Falih
Saudi Arabia’s initiative of introducing electric cars into the Kingdom will not threaten the oil industry, according to Energy Minister Khalid Al-Falih.
Saudi Advanced Petrochemical Company Profits Rise 66%
The company recorded an estimated net profit of around $43.19 million during Q1 2019.
Aramco Increases May Light Crude Price
Saudi Aramco has increased the price for its Arab Light Crude to Northwest Europe in May by $1.10 per barrel, up from a discount of $0.80 in April to ICE Brent.
Egypt to Double LNG Exports by End of 2019: El Molla
Egypt plans to double its exports of liquefied natural gas (LNG) by the end of 2019 to reach 2 bcf/d.
Egypt, Saudi Arabia Discuss Oil, Gas Opportunities
El Molla and Al-Falih met on the sidelines of the World Economic Forum on the Middle East and North Africa that is taking place in Jordan on April 6-7.
Saudi Consortium to Build Gas Pipeline in Bulgaria
The consortium was selected because it offers the most economically advantageous tender in the awarding criteria.
NPCC’s Profit Rises by 27% in 2018
The company’s earnings before interest, tax, depreciation, and amortization (EBITDA) reached around $243 million in 2018, with revenues around $1.4 billion.
