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All publications by tag «SAUDI»

All publications by tag
2019, June, 18, 17:35:00
OPEC+: GOOD WORK
OPEC and 10 non-OPEC partners, led by Russia, agreed in December to cut a combined 1.2 million b/d of production in the first half of 2019.
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2019, June, 13, 16:15:00
SAUDI ARAMCO NET INCOME $111 BLN
Saudi Aramco is the world’s largest integrated oil and gas company; its upstream operations are based in the Kingdom of Saudi Arabia and it also operates a global downstream business. Headquartered in the city of Dhahran, the company operates in eight locations within the Kingdom and 20 locations overseas, and employs around 76,000 people.
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2019, June, 3, 12:35:00
ARAMCO'S OIL PRICES DIFFERENCES
Aramco hiked the July price differential for its flagship Arab Light grade by 60 cents/b to a premium of $2.70/b to the average of Oman/Dubai, the highest since January 2014, when it was a premium of $3.75/b to Oman/Dubai.
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2019, May, 22, 10:45:00
SEMPRA ENERGY, SAUDI ARAMCO LNG
Sempra Energy (NYSE:SRE) and Saudi Aramco announced their respective subsidiaries, Sempra LNG and Aramco Services Company, have signed a heads of agreement (HOA). The HOA anticipates the negotiation and finalization of a definitive 20-year liquefied natural gas (LNG) sale-and-purchase agreement (SPA) for 5 million tonnes per annum (Mtpa) of LNG offtake from Phase 1 of the Port Arthur LNG export project under development.
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2019, May, 21, 15:10:00
SEVEN SOLAR PROJECTS $1.5 BLN
In line with plans to localise the production of renewable energy in Saudi Arabia as part of its Vision 2030 economic diversification push, seven photovoltaic solar power projects with a capacity of 1.52 GW and worth $1.51bn (SAR5.6bn) were launched on the side-lines of the recently concluded Saudi Elenex exhibition.
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2019, April, 24, 10:50:00
APICORP ENERGY INVESTMENTS $1 TLN
The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, forecast in its MENA Annual Energy Investment Outlook 2019 that current and planned energy investments in the region add up to $1trn for the next five years.
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2019, April, 22, 08:50:00
OPEC + RUSSIA IS HERE
"Cooperation will continue between Russia and Saudi Arabia," Ibrahim al-Muhanna said at the International Oil Summit in Paris, stressing that "it is the core of OPEC+ cooperation."
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2019, April, 17, 10:45:00
ARAMCO, HYUNDAI INVESTMENT $1.25 BLN
The Saudi Arabian Oil Company, Saudi Aramco, and Hyundai Heavy Industries Holdings today announced that they have reached an agreement for Saudi Aramco’s subsidiary, Aramco Overseas Company B.V (AOC), to purchase a 17 percent stake in South Korea's Hyundai Oilbank, a subsidiary of Hyundai Heavy Industries Holdings.
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2019, April, 10, 10:50:00
ARAMCO SELLS $12 BLN
REUTERS - Saudi Aramco is set to raise $12 billion with its first international bond issue after receiving more than $100 billion in orders, a record breaking vote of market confidence for the oil giant which has faced investor concerns about government influence over the company.
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2019, April, 8, 11:25:00
DEMAND FOR ARAMCO'S BOND ABOVE $30 BLN
REUTERS - Demand for Saudi Aramco’s inaugural international bond, which will be issued this week, is higher than $30 billion, Saudi Energy Minister Khalid al-Falih said on Monday.