Tagged With Saudi Arabia
6 December 2024
The NOCs are both looking to take advantage of the petrochemicals boom, with the Saudi firm snapping up stakes in Asian JVs tied to offtake agreements and its Emirati counterpart striking big M&A deals
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
21 October 2024
Companies operating offshore assets in the region are unlikely to halt development plans for now, even as hostilities intensify
9 October 2024
Saudi Arabia has made major advances in realising its gas ambitions this year, but challenges remain
5 September 2024
The 20th century’s two global conflicts made clear the geopolitical importance of oil, while Russia and Saudi Arabia joined the US as hydrocarbons superpowers
5 September 2024
In the second part of our history of oil special on the ascent of the US, Russia and Saudi Arabia, we examine the early years of the age of oil
5 September 2024
In this first part of the first chapter of our 90th anniversary special on the history of oil, we look at oil’s humble beginnings and the start of its rise to prominence
19 August 2024
UAE and Saudi Arabia seen lifting condensate output amid deep OPEC+ oil quota cuts and questions over capacity expansion
29 July 2024
The region, known for its crude output, has gone from product importer to exporter, easing supply worries in Europe and creating a supply glut in Asia and elsewhere
21 March 2024
The country is not betting against long-term oil demand growth, it is planning for a hydrocarbons-led energy demand boom
7 March 2024
The Middle East’s powerful clutch of national oil companies are turning their attentions outwards, with new acquisitions taking them into previously uncharted territory
8 February 2024
Saudi Arabia’s decision not to expand capacity target seen as bolstering UAE’s position within OPEC+
31 January 2024
The NOC is looking to increase its gas output to more than 165bcm/yr by 2030 to support its hydrogen and ammonia aspirations, and to finally become a player in LNG
16 November 2023
Industrialisation and urbanization will drive the region’s petchems production as it makes the most of abundant feedstock, while Africa also looks to expand capacity
23 August 2023
But CEO says prematurely discontinuing investments in fossil fuels threatens serious supply shortfalls and may be counterproductive to energy transition
21 August 2023
Action by consuming governments has shown they can significantly affect oil prices and put a spoke in OPEC’s wheels
9 August 2023
The region’s political situation and internal relationships are changing amid the growing influence of Russia and China
21 July 2023
Saudi Arabia and its allies delivered a strong message with a collective voice at the OPEC seminar in Vienna, but just as important was what was left unsaid
29 June 2023
Move triggers flurry of Middle East-China trading with Unipec flooding market with Omani cargoes and rival Petrochina snapping them up
20 June 2023
Saudi Arabia’s ‘whatever it takes mode’ suggests oil market floor will be defended despite macro challenges and Russia test
13 June 2023
Why does a Saudi production cut of a million barrels fail to drive prices higher?
11 May 2023
Seoul dabbles with Russian and US crude but Middle East remains primary source
24 March 2023
But there is less optimism on additional Iranian exports, and many near-term risks remain
17 March 2023
Saudi NOC has a clear strategy on energy security and the transition, providing a lesson to the often confused West
10 March 2023
Capacity additions set to take advantage of disruption to Russian diesel
2 February 2023
The region’s producers have their own specific goals and face drastically different challenges
16 January 2023
A flurry of petchems co-investments reflects Aramco’s drive to preserve long-term market share in both crude and its products
5 January 2023
International commitments to its expanding petchems and LNG industries are a huge boon
8 December 2022
A trio of major project announcements signal the Saudi heavyweight’s renewed focus on maximising petchems yield
10 November 2022
Refining, petchems and distribution businesses are feeling the investment impact of sustained oil market strength
26 October 2022
Opec+ cut agreement suggests Moscow’s Middle Eastern stock remains high
16 August 2022
Record profits allow for investment drive not just in the upstream but also the downstream and in lower-carbon
9 August 2022
The cartel is happy to wait for further developments before committing to more drastic action
1 August 2022
MbS almost certainly did not mean what oil bulls have convinced themselves he did
19 July 2022
Aramco and Adnoc are channelling windfall oil revenues into furthering their government owners’ domestic economic development drives
26 May 2022
Flows of Urals crude to Asian importers—in particular India—have spiked since Russia’s invasion of Ukraine, according to price reporting agency GX
17 May 2022
The Saudi oil behemoth is funnelling record earnings into domestic upstream
3 May 2022
Kuwait and Saudi Arabia’s domestic scarcity has driven the formal revival of longstanding plans to tap the shared Dorra field
19 April 2022
The market upswing is driving investment in untapped reserves and field redevelopments previously considered commercially unviable
29 March 2022
Western countries want Mideast Gulf producers to boost output, but the options are limited
25 March 2022
Soaring annual profits to be channelled into unapologetic expansion of output capacity
25 February 2022
Opec’s top producers are unlikely to deviate from an agreement that has brought market stability and buoyed prices
31 January 2022
The impact of a breakdown in Russo-US relations is much more nuanced in liquids than in gas
10 January 2022
Soaring revenues have enabled awards on two flagship upstream projects as efforts to recycle the windfall in-Kingdom intensify
4 January 2022
The commissioning of Oman’s largest petrochemicals plant has coincided with Saudi Arabia’s potential rescue of an even bigger one
20 December 2021
The world has no lack of recoverable oil and gas resources. But where they will come from in the future will change
7 December 2021
Self-sufficiency targets and opportunities to shift to renewables are driving big upsurge in gas production
2 December 2021
The firm still faces challenges balancing economics with politics
