Saudi Arabia | Egypt Oil & Gas - Part 82
Aramco Extends Shale Gas Bid Deadlines
State energy firm Saudi Aramco has extended the deadline for companies to bid for work on its unconventional gas facilities in the north of the country, signalling it remains committed to developing shale gas deposit ...
Saudi Crude Exports Decline from December Peak
Opec heavyweight Saudi Arabia's crude oil exports dropped in December by 362,000 b/d to 6.934 million b/d from 7.296 million b/d in the previous month, official data showed on Wednesday.
Saudi Aramco Modifies Plans to House Workers
Saudi Arabian Oil Co. is seeking partners to help build commercial properties in a 10,000-home project as the state-owned crude exporter takes a direct role in constructing accommodation for its employees.
Iraq, Iran Emulate Saudi Arabia in Asian Markets
Iraq and Iran cut their prices for March crude oil deliveries to Asia to the lowest in more than a decade, signalling the battle for a share of Opec’s largest market is intensifying.
Oil Prices Responsible for Cancelled Gulf Projects, Layoffs
Projects worth around $200 billion (Dh734.47 billion) were cancelled globally in the last three months due to falling oil prices
Saudi Oil Minister in Talks with Algeria, Russia
Saudi Arabian Oil Minister Ali Al Naimi discussed Opec and the oil market with officials from Russia and Algeria, Saudi state news agency SPA reported.
Slight Decline Expected in Saudi 2015 LPG Exports
Saudi Arabia’s LPG exports for 2015 are expected to be steady to slightly lower than last year, as rising demand from domestic petrochemical plants is countered by increasing production from oilfield upgrades, a sour ...
Saudi S&P Credit Rating Turns Negative
The Saudi kingdom could lose its AA- credit ranking, the fourth-highest debt grade, in two years if its “liquid assets” decline or its fiscal position weaken, S&P said in a statement Monday.
