Saudi Arabia | Egypt Oil & Gas - Part 59
Saudi Arabia Signed 15 Agreements with China
Saudi Arabia signed 15 preliminary agreements with China, late August, upon Deputy Crown Prince, Mohammed bin Salman's visit and meeting with China's Vice Premier, Zhang Gaoli.
Yemeni Forces Attacked Aramco Facility
Yemeni forces fired ballistic missiles at the facilities of the Saudi state oil giant, Aramco, in the southwest of Saudi Arabia and Abha airport in Assir province in retaliation to Saudi attacks on a southwestern pro ...
Saudi Arabia to Expand Energy Talks with China, Japan
A number of Saudi ministers delegated to discuss collaborations with China and Japan in the energy sector.
Aramco to Reduce Stake in Indonesian Refinery Upgrade
Saudi Arabia's oil and gas giant, Aramco, has asked to cut its shares in a proposed $5.5b refinery project in Indonesia to 30% from 45%.
Saudi Arabia Opens IPOs to Foreign Investors
Saudi Arabia's Capital Market Authority (CMA) announced new rules permitting foreign investors to buy shares directly in initial public offerings (IPO). The new policy will take effect at the start of 2017.
Russia,Saudi Arabia Talk Oil Market Stability
Russia is consulting with Saudi Arabia and other producers to achieve oil market stability, opening the door to further discussions on output freeze.
Saudi Pumps Record Volume of Crude
Saudi Arabia boosted its output to a record high of 10.67mb/d in July, up from 10.55mb/d in June, according to figures Riyadh provided to the Organization of the Petroleum Exporting Countries (OPEC).
MENA Expands its LNG Import Facilities
The MENA region is forecast to become the world’s second-largest gas-importing area by 2040, as the countries invest around $10.3b in LNG-importing facilities.
