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Oil & Gas Trade
Saudi Arabia is Looking to Raise the Capacity of its East-West Oil Pipeline to 7 Million Bpd
Saudi Arabia, the world’s top crude oil exporter and the largest oil producer in OPEC, is one of the few oil producers in the Middle East that have some altern…
Oil and Gas Equipment
Saudi Aramco will Reducing Reliance on Hormuz by Finishing Pipeline Expansion
Saudi Aramco expects to complete the expansion of an oil pipeline that runs east-west across the country by September, increasing the amount the kingdom can shi…
Offshore Wind Power
A Floating Offshore Wind Farm Was Built by Saipem in Saudi Arabia
Saipem can start operations after finalisation of the financial agreements at the end of the planning phase, following which the contract will be signed for Sai…
Crude
To Avoid Excess Stock Buildup, Saudi Oil Output to Remain Below 10 mil b/d
Saudi Arabia's oil production will remain below 10 million b/d through August and its exports will stay under 7 million b/d to avoid excess stock buildup in an …
Solar Technology
Renewable Energy Device Produces Solar Power and Clean Drinking Water
A team of researchers from Saudi Arabia’s KAUST (King Abdullah University of Science and Technology), have developed a device that generates both clean drinkin…
Oil & Gas Trade
OPEC Formally Embraces Russia, Other Non-Members In Expanded
OPEC used to shift world oil markets with a single announcement. These days, the Saudi-led organization needs help from some key partners — most significantly …
Oil & Gas Trade
Iran Warns 'unilateralism' between Saudi Arabia and Russia could Lead to the Death of OPEC
Iranian Oil Minister Bijan Zanganeh believes "unilateralism" among some OPEC members could ultimately lead to the death of the Middle East-dominated producer gr…
Oil & Gas Trade
India Stops Buying Iran Oil
Iran was the third largest supplier of crude to India, behind only Iraq and Saudi Arabia, but after the sanctions waiver granted to India in November expired la…
Oil & Gas Trade
The Oil Crisis Saudi Arabia Can't Solve
In reality, Aramco will not be able to keep the necessary crude oil and products volumes flowing to Asian and European markets in the case of a full Strait of H…
China's Silk Road Scoops up 49% Stake in ACWA Power Holding
China has made a strategic play for Middle Eastern renewables, securing a large minority stake in one of the region’s key developers.
Hyundai Motor and Saudi Aramco to Collaborate on Hydrogen Advanced Non-Metallic Materials and Future Technologies
Hyundai Motor Company signed a memorandum of understanding (MOU) with Saudi Arabian Oil Company (Saudi Aramco).
Oil & Gas Trade
Saudi Aramco Signs Crude Supply, Storage, Refining Deals with South Korean Companies
Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies on Wednesday to reinforce relationships with Asia's fourth biggest energy…
Solar Power Plant
China's Silk Road Scoops up 49% Stake in ACWA Power Holding
China has made a strategic play for Middle Eastern renewables, securing a large minority stake in one of the region’s key developers.Beijing’s Silk Road Fund …
Nuclear Policy
US Approves Companies' Nuclear Work in Saudi Arabia
Prince Mohammed has warned that the Saudis will pursue nuclear weapons if their arch-rival Iran obtains them.
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