Saudi Arabia | Egypt Oil & Gas - Part 81
Saudi Advisor: Oil Prices to Stabilize, Supply-Demand to Remain Healthy
Oil prices have started to stabilise around $60 a barrel in past weeks and will continue to firm up, while crude demand will grow stronger, an adviser to Saudi Arabia's oil minister said.
Russia to Discuss Prices, US Shale Oil at June OPEC Summit
Russia said on Wednesday it would meet OPEC in June to discuss the impact of shale oil on global markets, just days before the producers' group decides whether its policy of high production is sufficient to stifle th ...
Kuwait: OPEC Likely to Maintain Price Policy till June 5
OPEC is likely to maintain its production policy at a meeting in June, Kuwait's OPEC governor said on Tuesday in the first public comment on what would be a crucial decision to determine the direction of global oil p ...
Saudi Aramco Seeking $10 Billion for Credit, Sources Say
Saudi Arabian Oil Co., the world’s largest oil exporter, is in talks with banks to raise a $10 billion revolving credit facility at cheaper pricing than Exxon Mobil Corp., according to three people familiar with the ...
Aramco and King Fahd University Collaborate on Advanced College Program
Saudi Aramco and King Fahd University of Petroleum and Minerals (KFUPM) have signed a framework agreement supporting a new Petroleum Engineering and Geosciences college program.
Acwa Power in $400 million Dubai Solar Power Project
Saudi Arabia's Acwa Power is obtaining a loan of about $344 million from three banks to finance a solar energy project in Dubai, chief executive Paddy Padmanathan said on Sunday.
Saudi Oil Selling Price Rise for Asian Market in Works
Top oil exporter Saudi Arabia is expected to raise the official selling price (OSP) for most of its crude grades to Asia in April, including a hike in the OSP for Arab Light to a four-month top, in line with a strong ...
Saudi Oil Minister Calms Oil Fears, Says Demand Rising
Oil demand is growing and the market has turned “calm,” according to Saudi Arabia’s Oil Minister.
