Kingdom of Saudi Arabia


All posts for Kingdom of 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

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

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

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

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

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

Wood Wins New Contract With Saudi Aramco and SABIC

Wood wins new contract to develop the world's largest crude oil to chemicals project for Saudi Aramco and SABIC Wood has been selected to develop the world's largest fully integrated crude oil to chemicals (COTC) complex in the Kingdom of Saudi Arabia , on behalf of Saudi Aramco and SABIC as the ...

OilVoice Press - OilVoice


Posted 5 months agoPress > WoodSaudi AramcoSaudi Arabia +6

Saudi Diesel Exports Stop Growing for Now

Diesel and jet fuel exports from the Middle East will stop growing in 2018, according to ESAI Energy's recently published Middle East Watch Products . Saudi Arabia, the biggest distillate exporter in the region, will export a similar amount as it did last year, marking a departure from four conse ...

OilVoice Press - OilVoice


Posted 5 months agoPress > Saudi ArabiaKingdom of Saudi Arabiaexports +3

Top Three Saudi Oil Fields Drive 59% of Country’s Oil Production in 2021, says GlobalData

Analysis of Saudi Arabia's crude oil production shows that over $79.6bn in capital expenditure (capex) would be spent by Saudi Arabia Oil Co on oil projects over the next four years, to ensure that country's production remains around 11.2 million barrel per day (mmbd) in 2021. The company will have ...

OilVoice Press - OilVoice


Posted 6 months agoOpinion > Kingdom of Saudi ArabiaSaudi ArabiaSaudi Arabia Oil +1

Wood Wins New Contract Delivering Mega-Project for Saudi Aramco

Wood has secured a new multi-million dollar, five-year contract to support Saudi Aramco in the delivery of one of its mega-projects in the Kingdom of Saudi Arabia. Engineering and project management services to develop the Marjan oil field in the state's eastern province will be provided under the ...

OilVoice Press - OilVoice


Posted 6 months agoPress > WoodContractSaudi Aramco +3

Why Is The Shale Industry Still Not Profitable?

By Nick Cunningham of Oilprice.com Echoing the criticism of too much hype surrounding U.S. shale from the Saudi oil minister last week, a new report finds that shale drilling is still largely not profitable. Not only that, but costs are on the rise and drillers are pursuing "irrational produc ...

Oilprice Staff


Posted 6 months agoOpinion > United StatesUSShale +2

Dr. Daniel Fine: Oil and Gas: A Look at What 2018 May Bring

Trump leads mass deregulation effort; comeback seen for San Juan Basin by Dr. Daniel Fine The price of oil in 2018 will be volatile with commodity market traders selling on signals of OPEC-Russia “cheating” or members producing more oil than the extended Algiers Agreement output quotas. This shou ...

Will Fine


Posted 7 months agoOpinion > Donald TrumpPresident TrumpTrump +68

SNC-Lavalin and Saudi Aramco Sign MoU Supporting In-Country Opportunities

SNC-Lavalin (TSX: SNC) and Saudi Aramco today signed a Memorandum of Understanding (“MoU”) signalling SNC-Lavalin's continued commitment to creating and accelerating opportunities for local workforces in the Kingdom of Saudi Arabia.  The MoU supports Saudi Aramco's In-Kingdom Total Value Add (“IKT ...

OilVoice Press - OilVoice


Posted 8 months agoPress > SNC-LavalinTSXSaudi Aramco +3