Saudi Arabia | Egypt Oil & Gas - Part 85
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. Sp...
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 summ...
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 t...
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. Nasser has been serving as senior vice-preside...
UAE and Other Middle East Stocks Gyrate With Oil Prices
Dubai stocks tumbled the most since March as investors bet the longest streak of weekly gains in 15 months had taken share prices too high, too fast. Abu Dhabi equities fell to the lowest in almost three weeks. The DF...
Saudi Reforms of Oil Sector to Make Aramco More Independent
Saudi Arabia has approved a restructuring of Saudi Aramco that includes separating it from the oil ministry, a Saudi-owned TV station reported, in a decision analysts said aims to make the state oil giant more transpa...
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 ...
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. Spea...
