Saudi Arabia | Egypt Oil & Gas - Part 80

Saudi Arabia | Egypt Oil & Gas - Part 80

Local Borrowing to Fund Saudi Deficit Prompted by Oil Prices, Experts Say

Saudi Arabia is likely to bridge its widening fiscal gap by resorting to domestic borrowing in the near future, according to economists and the International Monetary Fund (IMF).

Saudi Refineries Eat Away at Crude Export Figures

Saudi Arabia’s April crude exports fell by 161,000 b/d as domestic refiners processed more crude, official data showed.

Launch of Saudi-Russian Cooperation on Nuclear Power

Saudi Arabia and Russia have signed an agreement to cooperate on nuclear energy development, a Saudi government body in charge of such projects said.

Saudi Downstream Team Hosted at Achema Forum

Leading industry experts discussed the potential of Saudi Arabia's petrochemical sector at Achema, a leading global exhibition on chemical engineering, environmental protection and biotechnology, being held at Frankfurt.

Saudi, UAE to Switch from Importing to Exporting Motor Fuel

Middle Eastern oil producers Saudi Arabia and the United Arab Emirates will sharply cut or even halt costly gasoline imports next year after ramping up new refining capacities that put them a step closer to becoming ...

Saudi Equity Market to Pull Away Investments from Oil Nations

Global equity markets are waking up to a new $558 billion magnet pulling cash out of developing nations from Russia to Malaysia.

Iran PetroChem Export Project Attracts Western Investors and Regional Competition

Eight western European companies are keen to invest in Iran's $2.8 billion (2 billion pound) Siraf oil refinery project

Saudi and Kuwait Entering the Global Solar Contest

To hear the oil ministers of Saudi Arabia and Kuwait talk about it this week, the race to develop massive solar power arrays in the world's sunniest nations is nearly as important as the current battle for oil market ...

New Bahrain Pipelines to Deliver 400,000 b/d from Aramco

The new crude oil pipelines between Bahrain and Saudi Arabia will be ready by the end of 2017 with up to 400,000 b/d delivered to Bapco, said a report.

Saudi Oil Policy Misunderstood in US, says Former CIA Director

Saudi Arabia is trying to maintain its share of the global oil market rather than use its power in OPEC to curb U.S. producers, according to David Petraeus

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