Saudi Arabia, Russia Reach Framework for Extending Cuts
Russia and Saudi Arabia have agreed to a basic framework for extending the production-cut agreement.
Saudi Arabia | Egypt Oil & Gas - Part 45
Saudi Arabia Pushes to Extend Cuts 9 Months but Doubts Linger
Saudi Arabia is pushing for an extension of the OPEC-led production-cut agreement by an additional nine months until the end of 2018.
Iran Offers Deeper Discounts to Retain Market Position
In a bid to retain its market position, Iran is lowering its crude oil prices vis-à-vis Saudi Arabia
Saudi Aramco Closes Jeddah Refinery
Saudi Aramco has closed its refinery in Jeddah
Saudi Aramco in Talks with Egypt to Refine Saudi Crude
Saudi Aramco is considering exporting crude oil to Egypt for refining
Aramco CEO: Saudi Aramco to Spend $300B on Upstream Projects
Saudi Aramco is looking to spend approximately $300 billion over the next ten years to expand its upstream operations.
Houthis Threaten Oil Tankers of “Aggressor” Nations
Yemen’s Houthi rebels once again threatened oil tankers passing along Yemen’s strategic western coast.
Bahraini Government Links Iran to Pipeline Explosion
The Bahraini government has blamed a pipeline explosion on Iranian-instigated terrorism.
Saudi Aramco Inks $4.5B in Deals
The state-run Saudi Aramco signed $4.5 billion in deals with international companies.
Saudi Aramco Plans 10% Increase in Capital Spending
Saudi Aramco plans to increase its capital expenditures by close to 10% next year.
