ENOC to Establish 45 Service Stations in Saudi Arabia
The Emirates National Oil Company (ENOC) plans to establish 45 service stations in Saudi Arabia over the next five years.
The Emirates National Oil Company (ENOC) plans to establish 45 service stations in Saudi Arabia over the next five years.
The Abu Dhabi National Oil Company (ADNOC) announced opening two service stations in Saudi Arabia.
Saudi Arabia plans to increase its annual mining revenue to $64 billion by 2030, up from current revenues of $17 billion.
Saudi Crown Mohammed bin Salman and Bahraini King Hamad bin Isa Al Khalifa opened a new oil pipeline connecting the two countries on November 26.
Saudi Aramco will sign 30 deals with local and foreign companies worth about $25 billion during the in-Kingdom Total Value Add (iktva) event.
A new Saudi mining project is expected to increase the country’s gross domestic product (GDP) by $6.4 billion and its non-oil GDP by 3%.
Saudi Arabia's crude production hit record highs in early November following large orders made in early October in preparation for the loss of Iranian crude from the market.
Egyptian Petroleum Minister, Tarek El Molla, met with Saudi Energy Minister, Khalid Al-Falih, to discuss global petroleum market updates.
Saudi Aramco chief executive Amin Nasser has said that the delayed initial public offering (IPO) of the state oil giant will “certainly” happen when conditions are right.
Saudi Aramco has agreed to supply 130,000 barrels per day (b/d) of crude to private Chinese chemical group Hengli Petchem for 2019, Aramco’s second major marketing alliance with a private Chinese refiner.