Saudi Arabia | Egypt Oil & Gas - Part 73
Iran Oil Exports to Sri Lanka in the Offing
Iran and Sri Lanka have begun new talks to resume oil shipments to the Asian country, head of the National Iranian Oil Company (NIOC) Roknoddin Javadi says.
IEA says Saudi Arabia, Russia Losing Out to Iraq and Iran
The International Energy Agency cited market sources on Friday as saying Tehran would be able to sell at least an extra 400,000 b/d to buyers in Asia and Europe when the sanctions are lifted.
UAE Key Stabilizer in Future Oil Markets
"The UAE played a key role in the political stability of this region and the UAE will play ... a key role in the stability of the market," the UAE oil minister Suhail al-Mazrouei was quoted as saying.
SABIC Wins Academic Recognition for Programs
A learning initiative, jointly designed by Saudi Basic Industries Corp (Sabic) and US-based Penn State University’s Smeal College of Business, for the benefit of Sabic employees, has been recognised by the Chief Lear ...
Australia Invites Saudi Investment in Green Energy
The Australian government has announced its invitation for Saudi Arabia and other oil-rich states to invest in Australian green energy initiatives. The Financial Times quotes Greg Hunt, Australia’s Minister of Enviro ...
Saudi Arabia Adamant Over Oil Prices, Despite Omani Complaints
Saudi Aramco's Chairman Khalid al-Falih said on Sunday that the company has no plans to cut oil production and he foresees the oil market rebalancing in 2016.
Oil Prices Slow Down Saudi Oilfield Expansion
Saudi Arabia is moving ahead with the expansion of its giant Khurais oilfield but the project would move slower than originally planned because of budgetary reasons.
Saudi Carbon Capture Project to Boost Recovery Rates
Saudi Arabia's first carbon capture and storage pilot project, located at its Ghawar oilfield, may boost oil recovery rates by 20% points, oil minister Ali al-Naimi said.
