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2018-09-19 13:05:00

SAUDI ARAMCO INVESTMENT: $133 BLN

SAUDI ARAMCO INVESTMENT: $133 BLN

REUTERS - State oil giant Saudi Aramco will spend more than 500 billion riyals ($133 billion) on oil and gas drilling over the next decade, a senior company executive said on Monday.

"We will spend more than half a trillion Saudi Riyals on drilling activities over the next decade, in compliance with the goals and objectives of the ambitious Saudi Vision 2030," Mohammed al-Qahtani, Aramco's senior vice president for upstream, said in a statement.

He was speaking at a graduation ceremony for the Saudi Arabian Drilling Academy (SADA) in Abqaiq, Saudi Arabia, according to the statement.

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Earlier:

 W.Asia
2018, September, 17, 15:20:00

РОССИЯ И САУДОВСКАЯ АРАВИЯ: СТАБИЛЬНОСТЬ НА РЫНКЕ

МИНЭНЕРГО РОССИИ - Министры обсудили динамику спроса и предложения на рынке с фокусом на макроэкономические тренды и потенциальные сценарии развития ситуации в среднесрочной перспективе. Стороны подтвердили приверженность обеспечению стабильности на рынке и готовность оперативно реагировать на изменения рыночной конъюнктуры, чтобы совместно с партнерами обеспечить стабильность рынка в любых условиях.

 W.Asia
2018, September, 12, 11:45:00

SAUDIS BONDS: $2 BLN

REUTERS - Saudi Arabia has started marketing U.S. dollar-denominated sukuk, or Islamic bonds, with the issue expected to be around $2 billion in size, a document showed on Wednesday.

 

 

 W.Asia
2018, September, 5, 10:55:00

SAUDIS OIL PRICE: $70 - $80

REUTERS - “The Saudis need oil at about $80 and they don’t want prices to go below $70. They want to manage the market like this,” one of the sources told.

 

 

 W.Asia
2018, September, 3, 15:15:00

SAUDIS OIL PRODUCTION: 10.4 MBD

PLATTS - Saudi Arabia will report August crude oil production of 10.424 million b/d, an OPEC source told S&P Global Platts on Friday. The figure represents a 136,000 b/d increase from July, when Saudi Arabia, OPEC's largest producer and the world's largest crude exporter, self-reported production of 10.288 million b/d.

 

 W.Asia
2018, August, 24, 11:25:00

SAUDI ARAMCO IPO

ARAB NEWS - The Government remains committed to the IPO of Saudi Aramco at a time of its own choosing when conditions are optimum. This timing will depend on multiple factors, including favorable market conditions, and a downstream acquisition which the Company will pursue in the next few months, as directed by its Board of Directors.

 W.Asia
2018, August, 20, 14:15:00

SAUDI ARAMCO: THE GLOBAL LEADER

SAUDI ARAMCO - 2017 highlights: Produced an average of 10.2 million barrels per day of crude oil including condensate Increased amount of natural gas supplied for fourth straight year, to an average of 8.7 billion standard cubic feet per day Crude oil exports averaged 6.9 million barrels per day

 

 

 W.Asia
2018, June, 15, 11:00:00

SAUDI ARAMCO INVESTMENTS WILL UP

REUTERS - Saudi Aramco plans to boost investments in refining and petrochemicals to secure new markets for its crude, and sees growth in chemicals as central to its downstream strategy to lessen the risk of a slowdown in oil demand.

 

 

Tags: SAUDI ARAMCO, INVESTMENT

Chronicle:

SAUDI ARAMCO INVESTMENT: $133 BLN
2018, December, 17, 10:15:00

QATAR'S LNG FOR PAKISTAN

TP - With fast growing demand and expanding gas receiving capacity in Pakistan, the South Asian nation is expected to source more liquefied natural gas (LNG) from Qatar, said the country’s visiting Finance Minister Asad Umar.

SAUDI ARAMCO INVESTMENT: $133 BLN
2018, December, 17, 10:10:00

QATAR'S INVESTMENT FOR U.S.: $20 BLN

REUTERS - Qatar Petroleum (QP) is looking to invest at least $20 billion in the United States over the coming few years, its chief executive told Reuters, after the Gulf Arab state unexpectedly quit OPEC this month.

SAUDI ARAMCO INVESTMENT: $133 BLN
2018, December, 17, 10:05:00

U.S. INDUSTRIAL PRODUCTION UP 0.6%

U.S. FRB - U.S. industrial production rose 0.6 percent in November after moving down 0.2 percent in October; the index for October was previously reported to have edged up 0.1 percent. In November, manufacturing production was unchanged, the output of mining increased 1.7 percent, and the index for utilities gained 3.3 percent.

SAUDI ARAMCO INVESTMENT: $133 BLN
2018, December, 17, 10:00:00

U.S. RIGS DOWN 4 TO 1,071

BHGE - U.S. Rig Count is down 4 rigs from last week to 1,071, with oil rigs down 4 to 873 and gas rigs unchanged at 198. Canada Rig Count is down 12 rigs from last week to 174, with oil rigs down 7 to 95 and gas rigs down 5 to 79.

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