Egyptian Minister of Petroleum, Tarek El Molla, met with Saudi Minister of Energy, Industry and Mineral Resources, Khaled Al Falih, to discussed minerals investments and bilateral cooperation in the field of mining.
Saudi Aramco has signed an amendment to extend its existing general engineering services plus (GES+) contract with KBR's joint venture engineering operation, KBR-AMCDE.
The Egyptian Ministry of Electricity and Renewable Resources is working on establishing power links with Saudi Arabia. He added that such bilateral connectivity with neighboring Arab nations requires stability in the ...
Saudi Arabia, raised pricing for December sales of all oil grades to Asia in order to take advantage of a brief increase in demand for Middle Eastern crude.
Saudi Aramco signed an agreement to form a new joint venture (JV) in Saudi Arabia to manage and operate onshore drilling rigs with the Anglo Energy company, Nabors.
The Energy ministers from Saudi Arabia, Iran, and Iraq will be among representatives of key member's of the Organization of the Petroleum Exporting Countries (OPEC) producers meeting with Russia for informal discussi ...
OPEC agreed to reduce its oil output to 32.5mb/d from the current production levels of around 33.24mb/d, with global prices of oil jumping by more than 5% in response to the agreement.