Extractive 360
All posts tagged "Saudi Arabia"
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280NEWSOPEC’s Pact With Russia Falls Apart, Sending Oil Into Tailspin
A three-year pact between OPEC and Russia ended in acrimony on Friday after Moscow refused to support deeper oil cuts to cope...
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315INTERNATIONAL NEWSBahrain May Sell Stake In Oil Assets, As Coronavirus Delays Oil Conference
Bahrain may transfer some of its oil and natural gas assets into a proposed state-run fund in which it could sell shares...
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289FEATURESCoronavirus Punches Hole In Oil Market That OPEC Can’t Fix
The coronavirus epidemic is a black swan that has severely disrupted the outlook for the global oil market, and at this moment...
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524NEWSOil Producers Support OPEC+ cut Extension
OPEC Joint Ministerial Monitoring Committee which met on Sunday in Jeddah, Saudi Arabia, reviewed market forecasts, assessed compliance with quotas and discussed...
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503NEWS
OPEC Meets To Discuss ‘Oil Supply Security’
A panel of OPEC and Russian ministers will meet this weekend in Jeddah, Saudi Arabia to assess oil market conditions ahead of...
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647INTERNATIONAL NEWSOil Prices Jump As Drone Attack Saudi Aramco Facilities
Oil prices rose on Tuesday after the world’s top oil exporter Saudi Arabia said explosive-laden drones had attacked two pumping stations belonging...
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416INTERNATIONAL NEWS
Asian Buyers Forced To Pay More For Saudi Crude On Supply Crunch
Saudi Arabia, the world’s biggest oil exporter, hiked June pricing for all crude grades to Asia just as the region scrambles for...
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1.0KINTERNATIONAL NEWS
Saudi Aramco Ramps Up Efforts At Shale Gas Production
The world’s biggest oil exporter is ramping up efforts to develop natural gas with plans for a 15-fold boost in output from...
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513NEWS
OPEC Supply Squeeze Supporting Higher Oil Prices
Oil prices are likely to stay buoyant this year as the U.S. decision to end waivers on Iranian oil and OPEC output...
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523INTERNATIONAL NEWS
Aramco To Buyout Shell’s Stake In Refining Joint Venture
Saudi Aramco has reached a deal to acquire Royal Dutch Shell PLC’s share of the partners’ 50-50 joint venture Saudi Aramco Shell...