Saudi Arabia | Egypt Oil & Gas - Part 49
Saudi Arabia Reportedly Favors NYSE for Saudi Aramco Listing
Saudi Arabia is leaning toward the New York Stock Exchange (NYSE) for its initial public offering (IPO) of Saudi Aramco.
Iraq, UAE, Kazakhstan Recommit to Oil Cut Deal
Iraq, the UAE, and Kazakhstan, reiterated their support for January's production-cut agreement between OPEC and other major oil producers.
Iraqi Oil Minister Visits Saudi Arabia
Iraqi Oil Minister, Jabar El Luaibi, visited Saudi Arabia on August 8th to discuss the oil market and OPEC's efforts to stabilize prices.
US Oil Prices Sink Below $50
The US price of crude oil is hovering under $50 per barrel despite this week's meeting of oil producers in Abu Dhabi to discuss compliance with January's production-cut agreement.
ACWA Power to Build Solar Plants in Aswan Province
ACWA Power has agreed to build three solar photovoltaic power plants in Aswan Province.
Saudi Aramco to Cut Sales in September
Saudi Aramco, the Saudi oil giant, will cut shipments of crude oil to international customers by 520,000 barrels a day (b/d) in September.
In a first, Saudi Energy Minister Meets with Hedge-Fund Investors
The Saudi Energy Minister, Khalid El Falih, met with key hedge-fund investors last month.
Saudi Arabia Maintains Market Share in Japan Despite Production Cuts
Saudi Arabia has maintained the same share of Japan’s crude-oil imports since the end of 2016 despite reducing its production in accordance with the production-cut agreement between OPEC and major, non-OPEC oil produ ...
