Saudi Arabia


All posts for Saudi Arabia

The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia's Manifa problems grabbing the headlines. Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for oil supplies is “increasingly worr ...

Oilprice Staff


Posted 2 days agoOpinion > Saudi ArabiaSaudi Aramco

The Global Energy Leaders Podcast - Episode 58 –

On today's episode, Tom Cambridge, president of the Texas Pipeline Association, visits The Global Energy Leaders Podcast to discuss Texas and the Panhandle Import Reduction Initiative. A founder of Panhandle Import Reduction Initiative (PIRI), a single purpose organization to educate the public a ...

Will Fine


Posted 5 days agoLink > Department of CommerceDonald TrumpPresident of the USA +33

Dr. Daniel Fine is a nice addition | Roswell Daily Record

The recent article by Dr. Daniel Fine in the guest column of your Wednesday edition concerning the impacts of Saudi Arabian-led dismantlement of our lively domestic energy business via flooding the market with underpriced foreign crude from numerous Middle Eastern national oil companies along with ...

Will Fine


Posted 14 days agoLink > Saudi AramcoSaudi ArabiaKingdom of Saudi Arabia +25

Overcapacity and the price of oil

Overcapacity and the price of oil Dr. Daniel Fine, New Mexico Center for Energy Policy 12:00 a.m. MT June 25, 2017 Daniel Fine, associate director of New Mexico Center for Energy Police at New Mexico Tech and a project leader of the Energy Police, State of New Mexico Department of Energy Minerals ...

Will Fine


Posted 27 days agoLink > OccidentalTexas Oil and GasTexas +21

The Panhandle Import Reduction Initiative (PIRI) Calls for New White House Policy: Unfair Trade Endangers U.S. Oil Industry Too

May 18, 2017 06:00 AM Mountain Daylight Time AMARILLO, Texas--(BUSINESS WIRE)--In a letter directed to the President of the United States and received by the White House, the founders of (PIRI), the Panhandle Import Reduction Initiative representing thousands of independent small producers of oil in ...

Will Fine


Posted 1 month agoPress > Unfair TradeTradeOil prices +24

Fate of world oil and natural gas by Dr. Daniel Fine

Mexico imports 80 percent of American natural gas exports. This, and Union Pacific rail crossing into Mexico with non-fuel trade, is the future of New Mexico economic development American crude oil production will break new records this summer, exceeding 9.5 million barrels per day and then moving ...

Will Fine


Posted 1 month agoPress > MexicoOPECnatural gas +14

Rystad Energy Annual Review of World Oil Recoverable Resources: Saudi Arabia adds oil resources ahead of IPO

In its annual account of global oil resources, Rystad Energy finds that Saudi Arabia has added enough recoverable oil resources to regain its top position ahead of the United States and Russia. The addition of 73 billion barrels of recoverable oil since the publication of Rystad Energy's 2016 annual ...

Julia Weiss


Posted 1 month agoOpinion > Rystad EnergySaudi ArabiaReserves

Nigeria and Libya could be forced to share OPEC output cuts as Saudi placates Iraq

A Saudi bid to shore up Iraqi support for a nine-month extension of an OPEC output deal could see Nigeria and Libya forced to share the burden of cuts. The two countries are currently exempt from self-imposed cuts agreed by the oil cartel as they restore capacity following domestic conflicts. Follo ...

Bayo Okoya - Delta Analytics Lagos


Posted 1 month agoOpinion > OPECSaudi ArabiaIraq +3

Today's Stunted Oil Prices Could Cause Oil Price Shock In 2020

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil's immediate future. As Saudi Arabia announces plans to slash production and move their economy away from oil dependency, many industry insiders are predicting that the now over-saturated marke ...

Oilprice Staff


Posted 2 months agoOpinion > oilpriceOPECSaudi 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 4 months 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 6 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 6 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 7 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 7 months agoPress > Saudi ArabiaiktvaAlderley +1