Saudi Arabia


All posts for Saudi Arabia

TODAY IN ENERGY: Saudi Arabia has been exporting more crude oil to China, less to the United States

Four Asia-Pacific countries that publish crude oil imports by country of origin—China, Japan, South Korea, and Taiwan—collectively imported an average of 3.5 million b/d of crude oil from Saudi Arabia in 2018. China's, Japan's, and Taiwan's 2019 year-to-date crude oil imports from Saudi Arabia ar ...

Hui Shan


Posted 27 days agoLink > InternationalChinaSaudi Arabia +7

This Week in Petroleum

Despite crude oil production cuts, Saudi Arabian crude oil exports to some Asian countries have increasedThe U.S. Energy Information Administration (EIA) estimates that during May 2019, Saudi Arabia's crude oil production approached a four-year low, averaging an estimated 9.9 million barrels per d ...

Hui Shan


Posted 2 months agoLink > ChinaCrude oilexports +7

Analysis: Oil market glut will lead to declining prices through 2020 by Dr. Daniel Fine

With the OPEC-Russia meeting ahead, the price of oil is at a crossroad.  President Trump wants lower prices for gasoline at the pump and the Democratic Party wants a shortage to lift prices higher. This is the 2020 presidential election, to re-elect Trump or a create a Democratic left-center White ...

Will Fine


Posted 2 months agoOpinion > Pioneer Natural ResourcesOccidental PetroleumAnadarko Corporation +97

Prospect Geologist

Introduction Saudi Aramco  is a fully integrated, global petroleum enterprise, and a world leader in exploration and producing, refining, distribution, marketing and petrochemicals manufacturing. We not only look for individuals who can meet our expectations, but for those individuals who can e ...

Hui Shan


    SA Permanent  


Posted 2 months agoJob > Oilgasjobs +3

Saudi Arabia has significantly reduced the amount of crude oil used for power generation

Power plants in Saudi Arabia burned an average 0.4 million barrels per day (b/d) of crude oil in 2018 directly for power generation, the lowest amount since at least 2009, the earliest year that data are available from the  Joint Organizations Data Initiative  (JODI, Figure 1). According to the JOD ...

Hui Shan


Posted 3 months agoOpinion > Electricityelectricity generating fuel mixInternational +6

Analysis: Things are flat in the Permian, and there's a push for renewables in Santa Fe by Dr. Daniel Fine

The Permian-Delaware Basin rig count should start falling as oil operators, large and small, are flat for 2019. Spending has been sharply reduced as supply now dominates the A.I. (Artificial Intelligence) used by many commodity traders in oil.    The large or integrated oil companies have all the ...

Will Fine


Posted 6 months agoOpinion > Santa Felatest oil and gas newsNew Mexico +69

Reactions to Delaware Basin News Shows Misunderstanding of Petroleum Economics by Dr. Daniel Fine

News of the size of oil reserves in the Delaware Basin (New Mexico's share of the Permian) while OPEC was deciding how many barrels it will cut from the world market to lift prices caused epic confusion – and revelations of how little “authorities” and the media understand petroleum economics. The ...

Will Fine


Posted 8 months agoOpinion > OPECNon-OPECNOPEC +91

Deep Casing Tools appointments strengthen Middle East team amid new business win

International casing and completion technology business, Deep Casing Tools, continues to consolidate its Middle East division with two new appointments and an order placed by a large Middle East national operator for 21 motorised reaming tools, valued at US $1.5million. Aqeel Al Faraj takes up ...

David Stephenson


Posted 8 months agoPress > Middle Eastmiddle east jobsDrilling +6

The Saudi Dilemma: To Cut Or Not To Cut

By Irina Slav for Oilprice.com To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year's December OPEC meeting. It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8 million barrels d ...

Oilprice Staff


Posted 8 months agoOpinion > oilpriceKingdom of Saudi ArabiaSaudi Arabia +4

Analysis: Trump and Saudi Collision on Oil, and Bingaman’s Return to Santa Fe

In an earlier column, readers overseas benefited from this writer's forecast that crude oil prices would fall dramatically because most commodity traders got it wrong. Simply, this column's analysis was the buying of oil assumed a shortage would result once the sanctions against Iran would be activ ...

Will Fine


Posted 8 months agoOpinion > Senator BingamanBingamanSanta Fe +71

Coretrax Reports 40% Business Growth in the Middle East

Coretrax, the independent wellbore clean-up and abandonment specialist, has achieved a 40% growth in Middle East business in 2018. The company, which opened a base in Saudi Arabia in 2014, has seen a steady uptake in activity with a growing demand for its wellbore clean up products which provide s ...

OilVoice Press - OilVoice


Posted 9 months agoPress > Middle EastCoretraxwell +3

Saudi Arabia: Saudi Aramco and Total Launch Engineering Studies To Build a Giant Petrochemical Complex in Jubail

Amin H. Nasser, President and Chief Executive Officer of Saudi Aramco and Patrick Pouyanné, Chairman and Chief Executive Officer of Total, signed yesterday in Dhahran the joint development agreement for the front-end engineering and design (FEED) of a giant petrochemical complex in Jubail, on Saudi ...

OilVoice Press - OilVoice


Posted 10 months agoPress > Saudi ArabiaKingdom of Saudi ArabiaSaudi Aramco +3

SmartPlug® Isolations Enable Safe, Efficient Pipe Replacement at Saudi Arabian Industrial Plant

Power and Water Facility Remains in Service during Project at Two Underground Road Crossings   Tulsa, OK (October 2, 2018) - Global pipeline solutions provider T.D. Williamson (TDW) recently paired its SmartPlug ® isolation system and hot tapping and plugging (HT&P) services to enable a pipelin ...

OilVoice Press - OilVoice


Posted 10 months agoPress > SmartPlugpipelineSaudi Arabia +2

OPEC Net Oil Export Revenues Increased in 2017, Will Likely Continue to Increase in 2018

Source: U.S. Energy Information Administration, OPEC Revenues Fact Sheet Members of the Organization of the Petroleum Exporting Countries (OPEC) received about $567 billion in net oil export revenues in 2017, up 29% from revenues in 2016. Increases in both crude oil prices and in net OPEC ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > EIAEnergy Information Administration EIAOPEC +4

National Energy Services Reunited Corp. Signs an Agreement With Dhahran Techno Valley Company to Open a Research Center in Saudi Arabia

The signing ceremony was held at the KFUPM's headquarters in Dhahran, Saudi Arabia HOUSTON, United States of America, September 11, 2018/ -- National Energy Services Reunited Corp. ("NESR") (NASDAQ: NESR) (NASDAQ: NESRW) ( www.NESR.com ), a national, industry-leading provider of integr ...

OilVoice Press - OilVoice


Posted 11 months agoPress > Saudi ArabiaKingdom of Saudi ArabiaResearch Centre +3