Saudi Aramco | Egypt Oil & Gas - Part 30

Saudi Aramco Plans to Double Gas Production in 10 Years

Saudi Aramco plans to almost double its gas production to 23bscf/d in the next decade, according to CEO Amin Nasser.

Saudi Aramco Cuts Light Crude Prices for Asia

Saudi Arabia cut pricing for March sales of its light crude grades to Asia to $1 a barrel, less than the regional benchmark.

Aramco Purchases $1.12b of Oil Products from South Korea’s S-Oil Corp

South Korea's S-Oil Corp agreed to sell $1.12b of oil products to Saudi Aramco Products Trading Company, an increase compared with 2015.

Aramco Will not Reduce Oil and Gas Investments

Saudi Aramco announced that it would not reduce its new investment in oil and gas production capacity despite the financial strain caused by low oil prices.

Riyadh, Beijing Sign 14 MoUs Including Nuclear Reactor Deal

Saudi Arabia signed 14 Memoranda of Understanding (MoUs) with China, including the landmark deal to build a high-temperature coolant gas nuclear reactor, on the first day of Chinese President Xi Jinping’s visit to Ri ...

Saudi Aramco Confirms IPO Plans In Privatization Bid

Saudi Aramco has confirmed that it was studying plans to issue Initial Public Offerings (IPOs) in a partial privatization bid of the world’s largest oil company.

Aramco Confident Saudi Can Ride Out Oil Price Crunch

Saudi's state oil company, Aramco stated that Riyadh had the capacity and was better equipped to wait out current low oil prices compared to other oil producers, while projecting a more stable market in 2016.

EGPC Presents Monthly Needs to International Cooperation Ministry

The Egyptian General Petroleum Corporation (EGPC) presented its monthly petroleum needs report to the Ministry of International Corporation.

PetroRabigh to Reopen its Refining, Petrochemical Complex

Saudi Arabia's PetroRabigh will restart most operations at its refining and petrochemical complex on December 3rd, after a 50-day maintenance work, while high olefin cracker unit will remain offline until estimated e ...

Saudi Aramco Research Network Reaches Detriot

Saudi Aramco has opened a research and development (R&D) centre in the Detroit area of the US as part of company’s global fuels technology program.

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