All publications by tag «SAUDI»
2021, February, 10, 11:30:00SAUDI ARAMCO PIPELINE INVESTMENT $10 BLN
Aramco is in talks with banks to provide “staple financing”, which is a financing package provided by the seller that buyers can use to back their purchase.
2021, January, 29, 14:30:00SAUDI ARAMCO WILL SELL MORE
Aramco, the world’s biggest oil company, completed the world’s largest initial public offering in late 2019, raising $25.6 billion and later selling more shares to raise the total to $29.4 billion.
2021, January, 28, 13:05:00SAUDI ARABIA'S BRILLIANT MOVE
"The surprise cut that they have done recently is a really brilliant move that led to stabilization of the market joined by other OPEC members at the most critical time," Dmitriev, who has been leading Russia's diplomacy in Saudi Arabia alongside Deputy Prime Minister Alexander Novak, said at the Saudi Future Investment Initiative conference.
2021, January, 15, 11:55:00OPEC+ STABILIZATION
The OPEC+ alliance, led by Saudi Arabia and Russia, decided in December after days of heated negotiations to ease their stringent quotas by a collective 500,000 b/d for January, instead of the originally scheduled 2 million b/d tapering.
2021, January, 6, 14:00:00SAUDI ARABIA CUT PRODUCTION
Saudi Arabia will hold its February and March crude production to 8.125 million b/d -- well below its quota of 9.119 million b/d
2020, December, 28, 10:55:00THE NEW SAUDI'S OIL, GAS
State-run oil giant Saudi Aramco is working to determine the exact size and resource volume of the new finds,
2020, December, 22, 13:45:00OPEC+ RUSSIA EXTENSION
"The OPEC+ deal has been with us for almost nine months and will continue until April 2022, but it can be extended until the end of 2022," Prince Abdulaziz said, adding that market skeptics and speculators will remain "on their toes".
2020, December, 21, 13:05:00DEAL OF OPEC, RUSSIA, SAUDI ARABIA
"Today, my friend and colleague and I discussed cooperation in the OPEC+ multilateral format, and joint action and coordination in the international market.
2020, November, 30, 11:40:00SAUDI ARABIA, UAE DIGITAL CURRENCY
In a joint statement the Central Bank of the United Arab Emirates (CBUAE) and the Saudi Central Bank (SAMA) launched the ‘Aber’ project, which seeks to evaluate the feasibility of issuing a digital currency for use between the two central banks.
2020, November, 27, 11:30:00SAUDI ARABIA'S CARBON CONCEPTION
The circular carbon economy concept has been endorsed by G20 member states but has yet to be put into practice, and the kingdom has not revealed any timelines or targets associated with the plan.