The company is planning five major expansion projects, four for crude and one for natural gas, to boost output
In a talk at IPTC in Dhahran, Mohammed Barkindo said that the energy transition is not from "point A to point B"
Dr. Al-Sultan said that the kingdom is working to build a renewable energy sector that includes industries, services, localisation of technology and qualification of human cadres.
He noted that he was optimistic that Iraq, which has lagged on its OPEC productions cuts, would reach full compliance in time
This is Egypt's first licensing round for the Red Sea, following successful bidding rounds across multiple regions
Iraq and Nigeria notably cut their production in December, edging closer to compliance with the OPEC+ agreement to curb output
The education software grant aims to train the next generation of Saudi oil and gas engineers and geoscientists
DME Oman crude oil futures contract is an official benchmark for Oman, Dubai, Saudi Arabia, Bahrain and now Kuwait
Saudi Aramco's shares were valued at $10.32 (SAR 38.7) per share when the market opened
The company's shares hit the daily 10% limit of $9.39 (35.20 Saudi riyals) as trading began today
Crown Prince Mohammed bin Salman said that economic reform programmes have started to yield results, and emphasised the importance of the private sector in developing the kingdom's economy
Saudi Aramco has decided on a valuation of $8.53 per share, allowing it to unseat Alibaba's $25bn as the world's largest IPO
Saudi Arabia will shoulder additional cuts, while complianc among OPEC+ remains a key issue
The Middle East’s changing approach to foreign partnerships, with an eye on diversification and transformation, is set to reshape the regional oil & gas sector and the IOCs that enter it
The Society of Petroleum Engineers tells us about the upcoming International Petroleum Technology Conference in Saudi Arabia, which will be held between 13-15 January, 2020 at Dhahran EXPO