Saudi Arabia, Russia Increase Energy Cooperation
Saudi Arabia and Russia are continuing to strengthen their relations in the energy sector.
Saudi Arabia | Egypt Oil & Gas - Part 42
Aramco Signs Chemical Technology Agreement
Saudi Aramco has signed an agreement with two US companies to use their technologies in order to turn crude oil to chemicals, which will help the kingdom boost its petrochemical business.
Aramco Seeks Cheap Loans ahead of IPO
Saudi Aramco is seeking to raise billions of dollars through cheap bank loans in order encourage strong ties with banks before its stock listing.
Aramco Turns into a Joint-Stock Company
Saudi Arabia has converted its giant Aramco into a joint-stock company right before its initial public offering (IPO) planned for later 2018.
Saudi Arabia Increases Gasoline Prices
Saudi Arabia announced increasing local gasoline prices on the January 1st, 2018, in order to reach a more efficient energy use.
Saudi Fiscal Plan Projects Higher Oil Revenues
In a six-year plan to balance the government’s budget, Saudi Arabia predicts that oil prices will rise to $75 per barrel by 2023.
Russia, Saudi Arabia, Iraq Top Crude Suppliers to China in November
Russia, Saudi Arabia, and Iraq were the top crude suppliers for China’s domestic market in November.
Saudi Budget Predicts Higher Oil Prices
In rolling out its 2018 budget, Saudi Arabia indicated that it expects government oil revenues to rise by 12%.
Saudi Aramco, Schlumberger Sign $1.6B MoU
Saudi Aramco signed a memorandum of understand (MoU) with Schlumberger valued at $1.6 billion.
Saudi Aramco Looking for IPO Bookrunners & Coordinators
Saudi Aramco is seeking bookrunners and coordinators for its proposed initial public offering (IPO).
