Saudi Arabia | Egypt Oil & Gas - Part 61

OPEC Output at Record High in June

The Organization of the Petroleum Exporting Countries' (OPEC) oil output has risen in June to its highest in recent history as Iran and the Gulf member states boosted their oil supply.

Egypt’s Parliament Approves Saudi’s Sinai Development Program

In a plenary session that took place in late June, Egypt’s Members of Parliament (MPs) have approved a presidential decree on the King Salman Program for the Development of Sinai, a Saudi-Egyptian loan agreement tha ...

Aramco, Sabic to Cooperate First Time on Oil-to-Chemicals

Sabic has agreed with the Saudi national oil giant Aramco to conduct a joint feasibility study on a proposed oil-to-chemicals project.

Egypt Receives $650m Fuel Shipments from Saudi Arabia

As part of the five-year agreement that Egypt has with Saudi Arabia to contribute in supplying the country’s fuel needs, Egypt has received shipments of petroleum products worth approximately $650m in May and June 20 ...

Saudi Arabian Oil Exports Fell to Six-Month Low in April

Saudi Arabia cut crude shipments in April to the lowest level in six months - 7.44mb/d - as overseas refineries bought less due to seasonal maintenance.

Russia’s Rosneft Dismisses OPEC as Regulator

Head of Russia's top oil producer Rosneft said that Saudi Arabia, the United States and Russia were the three main players on global oil markets and the role of OPEC was evaporating.

Iran’s Oil Export Doubles to 3.8mb/d

Iranian Ministry of Petroleum announced that the country's crude oil exports have doubled crossing the level of 3.8mb/d with over 2m barrels being exported to foreign destinations, since Iranian President, Hassan Rou ...

EETC to Tender Egyptian-Saudi Electricity Project

The Egyptian-Saudi electricity linkage project lines and cables are set to be tendered towards the end of June by the Egyptian Electricity Transmission Company (EETC) and the Saudi Electricity Company.

Aramco, GE to Install Kingdom’s First Wind Turbine

Saudi Aramco is partnering with General Electric (GE) to install the kingdom’s first wind turbine at the Turaif Bulk Plant.

Saudi Arabia Seeks Investors for Solar Plants

Saudi Electricity Co. (SEC) is seeking bids from international developers to build two solar-power plants in Al-Jouf and Rafha in the north of the country.

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