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Oil & Gas Trade
Saudi Aramco in Talks to Buy 10% of China's Hengli Petrochemical
The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier/ File photo Purchase Licensing RightsSaudi…
Oil & Gas Trade
Aramco Announces Big Gas, Condensate Find in Saudi Arabia
Saudi oil giant Aramco has announced that there has been a major jump in the volume of proven reserves of gas and condensate in its Jafurah unconventional field…
Oil & Gas Trade
India Turns to Saudi as Purchases of Russian Oil Fall in Dec
Saudi Arabian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023. REUTERS/Dado Ruvic/Illustration/Fi…
Oil Field
Aramco to Develop 400 MCF per Day Iraqi Gas Field
Saudi oil giant Aramco will develop a gas field in Iraq that could produce more than 400 million cubic feet of gas per day, Iraqi Oil Minister Hayan Abdel-Ghani…
Crude Oil
Saudi Oil Minister Warns Market Speculators to ‘Watch Out’ Ahead of OPEC+ Meeting
Saudi Oil Minister Prince Abdulaziz bin Salman on Tuesday told market speculators to watch out, reiterating his warning that they could face pain ahead.Speculat…
Hydrogen Production
Aramco Puts Blue Hydrogen Plans on Hold Due to High Costs and Lack of Off-Takers
Saudi oil giant Aramco has announced that it is putting its plans for blue hydrogen on hold due to high costs and the lack of off-takers.Blue hydrogen is produc…
Crude Oil
Saudi Energy Minister Stresses the Importance of Oil Security
The world cannot go without Saudi oil exports for more than two or three weeks, Saudi Arabia’s Energy Minister, Prince Abdulaziz Bin Salman.
Oil Refinery
Russian Agents Charged with Targeting U.S. Nuclear Plant, Saudi Oil Refinery
U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an Americ…
Oil Price
Oil Jumps as EU Weighs Russian Embargo
Oil prices jumped $3 on Monday, with Brent above $110 a barrel, as European Union nations consider joining the United States in a Russian oil embargo, while a w…
OPEC
Saudi Oil Minister: OPEC+ Shouldn't Rush To Boost Production
Saudi Oil Minister: OPEC+ needs to remain cautious with its approach to oil production adjustments despite rising prices
Oil & Gas Trade
Value Of Saudi Oil Exports Jumps 147% In May
Higher oil prices and higher exports resulted in a 147-percent jump in the value of Saudi Arabia’s oil exports in May 2021 compared to May 2020。
OPEC
Opec+ Might not Meet Until August: Saudi Oil Minister
Saudi Arabia's oil minister Abdulaziz bin Salman has conceded the Opec+ coalition's next meeting could take place no sooner than August, as an ongoing clash wit…
Oil & Gas Trade
Yemen Takes First Batch of Saudi Oil Products at Aden
The first shipment of Saudi oil products exported to Yemen as part of a grant agreed with the internationally recognized government there arrived at the Yemeni …
Energy Security
Saudis Vow To Protect Oil Facilities And Global Supply After Latest Attacks
On Sunday, Yemen’s Houthi rebels said they had fired 14 drones and eight ballistic missiles at oil facilities at the Saudi port of Ras Tanura and military targ…
Oil & Gas Trade
Saudi Oil Exports Holding Strong Despite Production Cut Commitment
Saudi Arabia’s crude oil exports fell just slightly in February, in stark contrast to the bold voluntary production cuts that the Kingdom had offered to make.
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