Saudi Arabia | Egypt Oil & Gas - Part 5

Nesma & Partners Signs Agreement to Acquire Kent

The transaction is predicted to be completed by the end of the calendar year. It is pending regulatory approvals and satisfaction of customary closing conditions.

Alkhorayef Invites El Molla to Attend Future Minerals Forum in Riyadh Next January

Minister of Petroleum and Mineral Resources Tarek El Molla held a session of talks with Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources, on the sidelines of the Egypt Mining Forum 2023.

Saudi Arabia Deepens Its Oil Cuts in July

Saudi Arabia announced deepening its oil cuts for July pushing the prices higher despite concerns over a global economic slowdown and possible further interest rate increases from the U.S. Federal Reserve.

Aramco to Start $10B Oil Refinery Complex in China for 2026

Saudi Aramco and its joint venture partners Panjin Xincheng Industrial Group and NORINCO Group plan to start constructing a major integrated refinery and petrochemical complex that will be located in northeast Chi ...

El Molla Tours the Future Minerals Forum’s Exhibition in Riyadh

Minister of Petroleum and Mineral Resources Tarek El Molla has toured the Future Minerals Forum's exhibition being held in Riyadh, Saudi Arabia.

El Molla Participates in the Future Minerals Forum in Saudi Arabia

Minister of Petroleum and Mineral Resources Tarek El Molla has participated in the second edition of the Future Minerals Forum held in Saudi Arabia under the patronage of King Salman bin Abdulaziz.

Japan, Saudi Arabia Clean Energy Cooperation MoC

The Saudi Energy Ministry said on Twitter that Saudi Arabia and Japan have signed a memorandum of cooperation (MoC) in the areas of the circular carbon economy, carbon recycling, clean hydrogen, and fuel ammonia.

Aramco, TotalEnergies Takes FID to Build a Giant Petrochemical Complex in Saudi Arabia

The Saudi Arabian Oil Company (“Aramco”) and TotalEnergies have made the final investment decision (FID) for the construction of a world scale petrochemical facility in Saudi Arabia.

Aramco Announces $42.4B Net Income in Q3 2022

Aramco announced its Q3 performance for 2022, stating that it has made a $42.4 billion net income in Q3 2022, compared to $30.4 billion in Q3 2021.

Petrojet Actively Participates in SPICONX 2022

As a representative of the Egyptian petroleum sector, Petrojet participated in SPICONX 2022 held in Dammam, Saudi Arabia between the 3rd-6th of October.

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