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Oil Price
South Korea's Hyundai Oilbank to Supply 80,000 b/d Middle Distillates to Aramco Trading
South Korean oil refiner Hyundai Oilbank has agreed to provide Won 3 trillion ($2.5 billion) worth of refined oil products to oil giant Saudi Aramco's trading a…
Crude Oil
Saudi Arabia’s Aramco Raises Oil Prices as Crude Surges
Saudi Arabia raised oil prices for customers in Asia, the U.S. and Europe after crude’s surge to almost $95 a barrel.
Thailand, Saudi Arabia Restore Diplomatic Ties
Thailand and Saudi Arabia have agreed to patch up diplomatic relations during a visit by the Thai prime minister to Riyadh on Tuesday.
Natural Gas
Saudi Arabia’s Gas Production Hits Record-High
Saudi Arabia has grown its natural gas production by 30 percent in a decade to a record 11 billion cubic feet per day (Bcf/d) in 2020
Wind Farm
Saudi’s ACWA Power Breaks Ground on $300m Wind Farm in Azerbaijan
Project represents the first and largest foreign investment made in Azerbaijan’s renewable energy sector to date
Hydrogen Project
S-OIL Signs MOU on Blue Hydrogen Business with Saudi Aramco
S-OIL has signed four MOUs with Saudi Aramco to strengthen cooperation in alternative energy, including research and development on low-carbon future energy sou…
Hydrogen Project
POSCO to Promote Hydrogen Business with Saudi Sovereign Wealth Fund
POSCO and Samsung C&T’s Construction Business Division will push forward with the green hydrogen production business with the Public Investment Fund of Saudi A…
South Korea
Saudi Aramco Signs 10 Agreements with South Korean Companies to Advance Co-Operation
State-owned oil company signed one deal and nine preliminary agreements with South Korean companies
Crude Oil
Indian State Refiners get February Saudi Crude Requests
Indian state-controlled refiners are getting their requested term crude volumes from Saudi Arabia's state-controlled Saudi Aramco for February loading.
Nuclear Power Plant
Saudi Arabia to Develop Nuclear Power Programme
Saudi Arabia aims to take advantage of its uranium resources to develop its nuclear power program
Oil Refinery
Saudi Aramco Buys Stake In Refinery In Russia’s Backyard
Saudi Arabia is expanding its downstream presence and crude customers in Eastern Europe, traditionally Russia’s backyard, by buying a stake in a Polish refiner…
Crude Oil
Several Asian Refiners to Receive Full Saudi Crude Allocation in February
Saudi Aramco has notified at least five Asian buyers that it will supply full contractual volumes of crude oil in February, same as January, sources with knowle…
Oil Price
Saudi Arabia Cuts Oil Prices For Asia In February
Saudi Arabia cut the prices of all the crude grades it will be selling to Asia in February to the lowest premium to regional benchmarks in three months, amid th…
Energy Storage Battery
Decommissioned Audi EV Batteries used in 4.5MWh Stationary Energy Storage System in Germany
Used lithium-ion batteries taken from carmaker Audi’s electric vehicles have been repurposed into a ‘second-life’ stationary energy storage system by energy …
Crude Oil
Saudi Arabia may Set Deep Crude Price Cuts for Asia in February
Top oil exporter Saudi Arabia may implement deep price cuts for the crude it sells to Asia in February after Middle East benchmarks and spot prices slumped this…
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