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 Arabia | Egypt Oil & Gas - Part 43
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).
January OSPs for Arab Light Rise
Saudi Arabia raised its prices for Asian and European purchasers of its Arab Light crude.
Saudi Arabia Readies to Hike Domestic Fuel Prices
Saudi Arabia plans to raise gasoline and jet fuel prices in January to better align domestic prices with the international market.
Saipem Awarded New Contract in Saudi Arabia
Saudi Aramco has awarded Saipem a new contract to conduct Engineering, Procurement, Construction (EPC) work in Saudi Arabia.
El Falih: Gulf Should Increase Petrochemical Production
Gulf oil producers should follow the US lead and convert a greater share of their crude to chemical products, according to the Saudi Oil Minister, Khalid El Falih.
