Wednesday, November 11th, 2009
Saudi Aramco is finalising plans to develop Saudi Arabia's biggest gas plant, which would process all offshore non-associated dry gas to meet escalating demand.
Saudi Aramco chief executive Khalid al-Falih told ...
Tuesday, November 3rd, 2009
Although investor-owned oil companies are often thought of as those most responsible for world oil production, government-controlled companies actually control the majority of both current production (more than 52% in ...
Tuesday, October 13th, 2009
US crude for November delivery fell $0.28 to $72.99 London Brent crude lost $0.19 to $71.17.
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Saudi Aramco plans to award an integrated drilling contract in South Ghawar in a bid ...
Wednesday, September 23rd, 2009
Nigeria's crude oil production averaged 2.09 million barrels per day in the second quarter, up from 2.01 million bpd during the same period last year, the National Bureau of Statistics ...
Wednesday, September 9th, 2009
Crude oil for October delivery was at $71.16 a barrel, up $0.06 in electronic trading on the New York Mercantile Exchange at 2.55pm in Singapore. Yesterday, the contract rose $3.08, ...
Tuesday, July 28th, 2009
Eni SpA, Italy’s largest oil refiner, ended export restrictions on shipments of Nigeria’s Brass crude, the second indication in as many days that the security situation in Nigeria is easing. ...
Friday, July 17th, 2009
China National Petroleum Corporation (CNPC) has announced production figures of 51.04 million tonnes, or 2.06 million bpd of crude in the first half of this year.
The company processed 58.76 million ...
Thursday, July 9th, 2009
Saudi Aramco and Total have awarded engineering, procurement and contracting (EPC) contracts worth $9.6bn, Arab News reported.
The contracts have been awarded to 13 companies for the construction of the 400,000bpd ...
Thursday, June 18th, 2009
Saudi Aramco Total Refining and Petrochemical Company (SATORP) finalized the awarding plan for Engineering, Procurement and Construction (EPC) contracts that constitute the thirteen different process packages of their Jubail joint ...
Thursday, May 7th, 2009
)))))))))The U.S. dollar, which rebounded from a one-month low against the euro, also dragged down the crude prices.
Light, sweet crude for June delivery was down 63 cents to 53.84dollars a ...
Wednesday, May 6th, 2009
)))))))))Oil steadied at less than $54 on Wednesday after renewed worries about the financial sector neutralised bullish weekly oil inventories data showing unexpected falls in crude and gasoline stocks. US light ...
Wednesday, March 4th, 2009
Petrofac, the international oil & gas facilities service provider, has been awarded an engineering procurement and construction (EPC) contract for Saudi Aramco’s Karan utilities and cogeneration package.
The project forms part ...
Monday, September 1st, 2008
BEIJING, August 27, 2008 -- The first cargo of Saudi Arabian crude oil bound for PetroChina’s Dalian Petrochemical Company arrived at the Dalian Xingang terminal on August 26.
Mohammed Al-Madi of ...
Monday, July 7th, 2008
DHAHRAN, July 02, 2008 -- Saudi Aramco and China Petrochemical Corporation (Sinopec Group) met in Dhahran on June 23 to sign a Memorandum of Understanding (MOU) in a mutual effort ...
Monday, June 23rd, 2008
The Saudi Arabian Oil Company (Saudi Aramco) and Total today signed the Shareholders Agreement and other core agreements for the establishment of their joint venture, the Jubail Refining and Petrochemical ...
Saturday, May 17th, 2008
DHAHRAN, SAUDI ARABIA, May 16, 2008 --- The Saudi Arabian Oil Company (Saudi Aramco) and ConocoPhillips [NYSE: COP] today announced they have approved continued funding for the development of the ...
Thursday, May 15th, 2008
DHAHRAN, Saudi Arabia & PARIS--(BUSINESS WIRE)--Regulatory News:
The Saudi Arabian Oil Company (Saudi Aramco) and Total (Paris:FP) (LSE:TTA) (NYSE:TOT) have both confirmed their decision to invest in a 400,000 barrel per ...
Wednesday, May 14th, 2008
The Saudi Arabian Oil Company (Saudi Aramco) and Total have both confirmed their decision to invest in a 400,000 barrel per day world-class, full-conversion refinery in Jubail, Saudi Arabia.
The refinery ...
Monday, April 21st, 2008
HOUSTON & DUBAI, United Arab Emirates--(BUSINESS WIRE)--Halliburton (NYSE:HAL) has been selected to provide a variety of oilfield services in support of the offshore portion of Saudi Aramco’s Manifa mega-project. The ...
Monday, March 24th, 2008
HOUSTON, March 19, 2008 -- Aramco Services Co. (ASC) and Saudi Aramco Mobil Refinery Co. Ltd. (SAMREF) entered into an agreement Feb. 25 for ASC to provide SAMREF with procurement ...