Saudi Arabia


All posts for Saudi Arabia

U.S. crude oil imports from Saudi Arabia and Iraq recently increased, but may decline soon

Source: U.S. Energy Information Administration, Weekly Preliminary Crude Imports U.S. crude oil imports from Saudi Arabia and Iraq, two of the United States' main sources for imported crude oil, have risen since reaching relatively low points in 2014 and 2015 . On a combined basis, crude ...

OilVoice Press


Posted 26 days agoPress > Saudi ArabiaIraqCrude +1

Shell to Sell stake in Sadaf Chemicals joint venture in Saudi Arabia to Sabic

Shell and SABIC have signed an agreement whereby SABIC will acquire Shell's 50% share in the petrochemicals SADAF joint venture, located in Jubail, Kingdom of Saudi Arabia for $820 million. The SADAF joint venture encompasses six world-scale petrochemical plants with a total output of more than 4 m ...

OilVoice Press


Posted 2 months agoPress > ShellSadaf ChemicalsSaudi Arabia +1

Cape awarded insulation work packages for Jazan Project in the Kingdom of Saudi Arabia

Cape plc (CIU.LN), an international leader in the provision of critical industrial services to the energy and natural resources sectors, is pleased to announce Cape RB Hilton has been awarded three substantial insulation work packages from Nasser S. Al Hajri Corporation (NSH) for the Jazan project ...

OilVoice Press


Posted 2 months agoPress > CapeSaudi ArabiaKSA +1

Exclusive: Cost of pump-at-will oil policy spurred Saudi OPEC U-turn

Sources say the kingdom may have stretched its current limits by extracting a record of around 10.7 million bpd this year, which could be one reason why Riyadh pushed so hard for a global deal to cut production.Riyadh, the world's top oil exporter, felt the burn of cheap oil this year when crude w ...

Adam Marmaras - OilVoice


Posted 3 months agoLink > OPECoil priceSaudi Arabia

Alderley gears for IKTVA growth in Kingdom of Saudi Arabia

Alderley is currently gearing up for IKTVA growth in the Kingdom of Saudi Arabia and are delighted to have recently secured a new facility. The new facility located at the MODON (Saudi Industrial Property Authority) 2nd Industrial City in Dammam, a total of 9025m², will have four times the manufactu ...

Nicole Boys


Posted 3 months agoPress > Saudi ArabiaiktvaAlderley +1

Oil surges 10pc as OPEC agrees to cut production

The deal brokered at talks in Vienna was achieved after OPEC's largest producer Saudi Arabia gave ground and agreed that Iran — still recovering from trade sanctions — was a special case and would be exempted from the cuts. The deal will reduce output by 1.8MMbd from January 2017 and runs for 6 m ...

Adam Marmaras - OilVoice


Posted 3 months agoLink > OPECoil priceSaudi Arabia +1