GE Completes Substation to Connect Egyptian, Saudi Arabian Grids
GE has connected a new 500/220 kilovolt (kV) gas-insulated substation to Egypt’s national grid as part of the Egypt-Saudi Arabia Interconnection Project.
Saudi Arabia | Egypt Oil & Gas - Part 46
Saudi Aramco, SABIC Explore Options for Petrochemical Production
Saudi Aramco and Saudi Basic Industries Corporation (SABIC) are conducting a feasibility study for a facility to convert crude oil directly into petrochemicals
Refiners Expect Saudi Arabia to Raise Asian Prices
Saudi Arabia is set to raise December crude oil prices for Asian buyers.
Some ME Oil Exporters Could Run Budget Surpluses
With rising oil prices, Iran, Iraq, Kuwait, and Qatar could run budget surpluses next year if prices remain stable.
Crown Prince: Saudi Arabia Prepared for Production-Cut Extension
Saudi Arabia is prepared to extend the production-cut arrangement.
Iraqi Crude Exports to US Outstrip Saudi Arabia’s
Iraqi oil exports to the US moved ahead of Saudi Arabia’s by approximately 2.9 million barrels in September.
Saudi Minister: Oil Investments Returning
Oil investments are rising again due to the reduction in global oil stocks and an improving global economy
Saudi Arabia Remains Committed to Cuts
Despite positive signs in the oil market, Saudi Arabia remains committed to further drawing down global oil stocks.
CEO: Saudi Aramco IPO Not Linked to Market Conditions
The plans for the initial public offering (IPO) of Saudi Aramco are not linked to market developments.
Russia, Saudi Arabia to Discuss Markets, Production-Cut Deal
Russian and Saudi ministers will meet early next month to discuss global oil markets and the future of the production-cut agreement.
