Saudi
‘Oil is not a weapon’: Saudi foreign minister hits back against allegations of politicising oil
US has blamed Saudi Arabia for siding with Russia following OPEC’s decision to cut production
Aramco empowers local capabilities with $6.93bn purchase agreements for pressure vessels
The purchase agreements, signed on 1 May 2018, will focus on the supply of pressure vessels by local manufacturers, mandated under IKTVA goals as well as to actively pursue Saudisation targets.
Aramco organises contractors’ exchange conference
The Contractor Exchange Forum aims to strengthen the Aramco’s partnerships with construction contractors and create a platform to enhance communication between technology providers to meet the challenges faced by the industry.
Saudi Arabia cuts oil prices for US and Asia
Discount for Asian customers in January were the biggest since 2002
Saudi won’t cut output unless others follow
Saudi Prince said the kingdom will only cut production if rivals match cuts
Low oil price will not affect Saudi budget
Saudi Arabia has assets of around $700bn with which to plug the gap in its economy
India to increase Saudi crude purchases
India will also increase its LPG imports from KSA
Saudi-Kuwait oilfield production halted
Production from Khafji oilfield stopped due to “environmental issues”
Saudi Prince says low oil prices ‘catastrophic’
Prince Alwaleed bin Talal speaks up in an open letter to ministers