Saudi Arabia | Egypt Oil & Gas - Part 81
Aramco Official Becomes New Saudi Health Minister
Saudi King Salman appointed Saudi Aramco's chief executive as chairman of the state oil firm and health minister on Wednesday, in a reshuffle that is unlikely to change oil policy in the world's top crude exporter.
Global Demand Responsible for Saudi Over-Production, Official Says
Saudi Arabia's high crude oil production policy is based on the status of global demand and the top oil exporter is keen to maintain its market share, the kingdom's deputy oil minister said on Monday.
Egypt Receives $6bn from Saudi Arabia, UAE & Kuwait
Saudi Arabia, Kuwait and the United Arab Emirates deposited $6bn with Egypt's Central Bank, the bank's governor said, a sign that the gulf powers remain committed to propping up the Egyptian economy.
OPEC Pumps Record 2m bpd in Q1
The world's biggest oil exporters in OPEC have increased production and are now pumping almost 2m bpd more crude than required, the highest surplus for at least a decade.
Kuwait Problems Prompt Saudi Chevron Unit Shutdown in Neutral Zone
A Saudi Arabian unit of U.S. oil major Chevron has told its Kuwaiti partner it plans to shut down an oilfield jointly operated between the two Gulf OPEC countries next month over long-standing disputes, three industr ...
Sipchem Greenlights PBT Plant in Saudi Jubail Industrial City
Sipchem has announced the initial start-up of the polybutylene terephthalate plant (PBT) of Sipchem Chemical Company (affiliate of Sipchem) at its complex in Jubail Industrial City on April 20, 2015
Acwa Holdings-Air Products to Build World’s Largest Industrial Gas Complex in Saudi
Acwa Holding, a regional infrastructural developer in the power and water sectors, said along with its joint venture partner US-based Air Products, it has won a major contract from Saudi Aramco to build, own and oper ...
Aramco Installations Under Threat, Saudi Interior Ministry
Saudi Arabia has put security forces on alert for a possible militant attack on a shopping mall or energy installation, Interior Ministry spokesman Mansour Turki said on Monday.
