Saudi Arabia | Egypt Oil & Gas - Part 80
Unresolved Disputes Lead to Shutdown of Wafra Oilfield
A jointly operated onshore oilfield between Saudi Arabia and Kuwait will shut for maintenance, a move apparently aimed at giving the Gulf OPEC allies more time to solve a long-standing dispute.
Latest in Energy, Renewable Tech at Saudi Power Expo
Leading players in the electricity, power generation, alternative energy, water technology, and lighting sectors will be showcasing their products and solutions at the upcoming Saudi Power 2015 expo in Riyadh.
Adnoc Balancing Crude Prices for Asia and Local Supply
Abu Dhabi National Oil Company (Adnoc) raised the retroactive prices of crude sold to Asia in April, after robust demand pushed up spot premiums for its grades.
Saudi Electricity To Invest Elsewhere, Covering Loses by Becoming More ‘Agile’
Last month, the state-owned firm said that its net loss for the first quarter of the year more than doubled, to 1.94 billion riyals ($517 million).
Saudi Arabia Wooing France Over Lucrative Energy and Defense Contracts
France is in talks to agree billions of euros worth of contracts in Saudi Arabia that could be completed quickly, ranging from defence to civil aviation, transport and energy, the French government said on Tuesday.
Rising Summer Energy Demands Prompt Aramco into 1.7 Mn Gasoil Deal
Saudi Aramco is in negotiation to buy 1.7 million barrels of gasoil for delivery in May, its largest spot requirement in recent months, to meet a potential rise in domestic demand for the power generation fuel in sum ...
Oil Prices Alternates with Changing Saudi Policy on Yemen
Brent crude oil futures slipped towards $66 a barrel on Tuesday, falling from a 2015 high, as Saudi Arabia considered halting bombing in Yemen to allow the delivery of aid, which eased concerns about oil supply from ...
Temporary Leadership Vacuum at Aramco Filled
Saudi Aramco senior vice-president Amin al-Nasser has been named acting chief executive of the state oil giant until further notice, Aramco said on its website on Friday.
