ACWA Power to Invest $658 M in South Africa
Saudi Arabian company ACWA Power plans to invest $658 million in South Africa, it announced on October 26.
Saudi Arabia | Egypt Oil & Gas - Part 35
Saudi Arabia Looks to Acquire 30% of Novatek Arctic LNG Project
Saudi Arabia aims to acquire 30% of Russia’s Novatek Arctic LNG project, Saudi Energy Minister Khalid al-Falih told Ekhbariya TV on October 25.
Saipem Remains Committed to Saudi Market
Italian oil services company Saipem expressed its commitment to Saudi Arabia and mentioned its plans to take part in a series of tenders offered by the company.
Saudi Aramco Signs 15 Deals Worth $34 B
Saudi Aramco announced that it has signed 15 preliminary deals and strategic and commercial collaborations worth more than $34 billion.
Saudi Arabia has ‘No Intention’ of Repeating 1973 Oil Embargo
Saudi Arabian Energy Minister stated that the Kingdom does not plan to impose an oil embargo akin to that of 1973 in response to predictions that it may cut its supply of crude for global markets by 500,000 barrel ...
Saudi Aramco to Buy Stake in Zhejiang Petrochemical Refinery
Saudi Aramco plans to purchase a stake in a new refinery being built by Zhejiang Petrochemical, according to Aramco's senior vice president of downstream.
Yanbu South Terminal Upgrade Boosts Saudi Oil Exports by 3M b/d
An upgrade to Saudi Aramco’s Yanbu South Terminal (YST) has added 3 million barrels per day (b/d) to the export capacity of the Red Sea facility.
OPEC’s 2019 Oil Demand Growth Forecast Falls Again
OPEC has cut its 2019 global oil demand growth forecasts for the third straight month, citing trade disputes and volatile emerging markets, particularly in key consuming countries.
Saudi Arabia to Cover Iranian India Supply Losses in November
Saudi Arabia is preparing to export an additional 4 million barrels of crude to India in November.
Aramco, BAPCO Announce New Phase of Saudi-Bahrain Pipeline
Saudi Aramco and the Bahrain Petroleum Company (BAPCO) have commissioned the AB-4 pipeline, a new phase of the Saudi-Bahrain crude oil pipeline.
