Saudi Arabia


All posts for Saudi Arabia

Saudi Arabia And Iran Reignite The Oil Price War

By Tsvetana Paraskova for Oilprice.com The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanction ...

Oilprice Staff


Posted 2 days agoOpinion > oilpriceKingdom of Saudi ArabiaSaudi Arabia +9

Sparrows Group Granted Commercial Registration to Operate in Saudi Arabia

Global specialist equipment and integrated engineering services company, Sparrows Group, has made a significant development in Saudi Arabia after being granted commercial registration to operate in the Kingdom. The commercial registration allows Sparrows Saudi Arabia LLC, a newly established entit ...

OilVoice Press - OilVoice


Posted 8 days agoPress > Sparrows GroupSaudi ArabiaKingdom of Saudi Arabia +1

Saudi Suspends Oil Shipments Through Red Sea Strait - S&P Global Platts

Here is comment from Paul Sheldon, chief geopolitical adviser at S&P Global Platts Analytics. “Saudi Arabia temporarily suspended all oil shipments through the Bab El-Mandeb Strait, after an attack by the Iran-backed Houthis caused “minimal damage” to a Saudi VLCC. The Bab el-Mandeb off the west ...

OilVoice Press - OilVoice


Posted 21 days agoOpinion > Saudi ArabiaRed SeaS&P Global Platts +2

Analysis: What's Next for Oil and Gas Prices After Putin-Trump Summit? by Dr. Daniel Fine

(Photo: Pablo Martinez Monsivais,/AP) The opposition in Congress wants to see a transcript of what President Donald Trump and Russian President Vladimir Putin talked about for two hours alone. No doubt some of that time was spent discussing OPEC and the price of oil. This is abov ...

Will Fine


Posted 25 days agoOpinion > Donald TrumpPresident of the USAPresident +56

The Saudis Won't Prevent The Next Oil Shock

By Nick Cunningham of Oilprice.com Saudi Arabia is starting to panic, and is growing concerned that the growing number of supply disruptions around the world could cause oil prices to spike. Saudi Arabia is moving quickly to head off a supply crunch, aiming to dramatically ramp up production to a ...

Oilprice Staff


Posted 1 month agoOpinion > oilpriceOilSaudi Arabia +3

OPEC Takes Small Step... or Maybe Not

OPEC has agreed to rollback overcompliance with the original production deal of November 2016. This appears to mean an increase among the voluntary over-complying countries of 450,000 b/d with the bulk coming from Saudi Arabia, Kuwait, and the UAE. However, the communique could also be interpreted ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > ESAI EnergyOPECSaudi Arabia +8

S&P Global Platts FACTBOX: OPEC Oil Output Negotiations Tense as Seminar Starts in Vienna

OPEC talks over the future of its production cut agreement are on a knife edge, as ministers gather in Vienna ahead of Friday's critical meeting. The producer bloc hosts a two-day seminar starting today, a conference featuring ministers and CEOs of major oil companies, including BP, Total, Eni, Sa ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > S&P Global PlattsOPECOil +7

Can Saudi Arabia Prevent The Next Oil Shock?

By Cyril Widdershoven for Oilprice.com The ongoing speculation online about the future of cooperation between Russia and OPEC seems to be a little one-sided. The main point of discussion up until now has been the fact that, due to international pressure (such as Trump's Twitter diplomacy, perceiv ...

Oilprice Staff


Posted 2 months agoOpinion > oilpriceSaudi ArabiaOil +5

Emerging Market Meltdown Could Undermine Oil Rally

By Nick Cunningham of Oilprice.com Saudi Arabia and Russia just destroyed the oil price rally, potentially putting an end to all the speculation about what the group might do next. But higher production doesn't necessarily mean higher oil prices are entirely out of the question, and in fact, the ...

Oilprice Staff


Posted 2 months agoOpinion > emerging marketsoilpriceOil +5

Fine: No Such Thing As 'Free Trade' With OPEC as a Cartel

Among some speakers at the 2018 Four Corners Oil and Gas Conference last month in Farmington there were evasive positions on the future of OPEC. Also, previous online or media positions of “free trade” were muted to be popular with the oil, gas and equipment operators who made up those in attendanc ...

Will Fine


Posted 2 months agoOpinion > Kingdom of Saudi ArabiaSaudi Arabiasaudi +68

SABIC and ExxonMobil Advance Gulf Coast Project with Creation of a New Joint Venture

RIYADH, Saudi Arabia & SPRING, Texas--( BUSINESS WIRE )--SABIC and  ExxonMobil  said today that they have created a new joint venture to advance development of the  Gulf Coast Growth Ventures project , a 1.8 million tonne ethane cracker currently planned for construction in San Patricio County, Tex ...

OilVoice Press - OilVoice


Posted 3 months agoPress > SabicExxonMobilGulf Coast +3

KCA Deutag Completes the Acquisition of the Omani and Saudi Arabian Businesses of Dalma Energy LLC

Prior to publication, this document contained inside information under Regulation (EU) 596/2014 on market abuse. Following the announcement made on 5 March 2018, KCA Deutag today announces that it has completed the combination with the Omani and Saudi Arabian businesses of Dalma Energy LLC. A ...

OilVoice Press - OilVoice


Posted 3 months agoPress > KCA DEUTAGAcquisitionoman +2

Dr. Daniel Fine: Oil Speculation and Natural Gas/LNG in New England and Russia

American oil production is poised to reach upward to 11 million barrels of oil per day if the price of West Texas Crude reaches $75 a barrel.   Saudi Arabia or Saudi Aramco believes it will, and commodity speculators are following. It is similar to 2008 in June when Goldman Sachs forecast $250 per ...

Will Fine


Posted 3 months agoOpinion > Kingdom of Saudi ArabiaSaudi ArabiaSaudi Arabia Oil +34

TUV SUD NEL Signs Service Agreement in Saudi Arabia

TUV SUD NEL and the Arabian Calibration Company (ACC) have signed a long-term agreement to deliver meter calibration and flow measurement services within the Kingdom of Saudi Arabia (KSA). The agreement will see TUV SUD NEL supporting ACC in the creation and ongoing delivery of a number of servi ...


Posted 3 months agoPress > Saudi ArabiaUnited KingdomArabian Calibration Company +2

Gazprom and Saudi Aramco to Set Up Joint Coordinating Committee

Alexey Miller , Chairman of the Gazprom Management Committee, had working meetings today in Riyadh and Dhahran (Kingdom of Saudi Arabia) with Khalid Abdulaziz Al-Falih, Minister of Energy, Industry and Mineral Resources of Saudi Arabia, and Amin Bin Hassan Nasser, President and CEO of Saudi Arabia ...

OilVoice Press - OilVoice


Posted 3 months agoPress > GazpromSaudi AramcoKingdom of Saudi Arabia +2