Saudi Arabia | Egypt Oil & Gas - Part 49
Saudi Aramco Receives Bids for Gas Plant Upgrades
Several European and Asian engineering companies submitted bids to construct gas booster compressor stations at Saudi Aramco’s Haradh and Hawiyah gas plants.
Saudi Arabia’s Crude Exports Fell in June
Saudi Arabia's exports of crude oil declined 35,000 barrels per day (b/d) in June 2017 from May 2017.
Saudi Arabia’s Oil Revenues Rise
Saudi Arabia's Ministry of Finance announced that the kingdom's second-quarter crude-oil revenues climbed 28% from second-quarter revenues in 2016
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.
