The Mukhaizna heavy oil field had an average oil production rate of 127,000 bpd in 2016
Saudi is planning to have 17.6GW of nuclear-powered generating capacity by 2032
The 350,000-barrels-per-day pipeline will help expand Bahrain’s refinery capacity
The energy minister said last week that the hikes were still on the cards for 2017
MoU creates a framework for enhanced business development, technical cooperation and training
The oil giant had earlier launched a new office in New Delhi as it aims to expands its presence in India
Aramco is investing in refineries in major markets to lock in customers ahead of its IPO
Energy minister Falih said Saudi Arabia wants to develop ties with Russia further
Saudi Arabia is competing with Iraq to be India’s top oil supplier
OPEC has been urging other producers to join the supply pact, which ends in March
The winning bidders will build, own and operate the power plants in partnership with the government
The fund will be finalised during this week’s visit by Saudi King Salman to Moscow
Kurdish officials say they can withstand an economic blockade
Saudi authorities aim to list around 5 per cent of Aramco by the end of 2018
The price increases reflect the positive momentum of global oil benchmark Brent in recent weeks
Aramco previously said the listing remained “on track” after a report that the company was preparing contingency plans
The world’s largest single nuclear project, the Barakah plant, will have a capacity of 5,600 megawatts
About 300 wells are expected to be drilled over the lifetime of the Khazzan field
OPEC and its allies have been considering extending a production cut deal beyond the end of March
How the GCC’s power operators can become more efficient and expand the region’s power capacity
New flows of Russian piped oil will come as Saudi Arabia aims to secure a stake early next year in a Chinese refinery
The two have identified more than 1GW of wind power projects in several states
The kingdom wants to start construction next year on two nuclear power plants
Car and jet fuel prices would undergo an immediate one-time increase under the plan
The project will feature a 260-metre tower receiving focused sunlight – the world’s tallest such tower
Saudi wants to start construction next year on two plants with a total capacity of up to 2.8GW
The refinery on the Red Sea is part of a plan to revive the region
The joint OPEC, non-OPEC ministerial committee will meet on September 22 in Vienna
The October allocations are in contrast to the steep cuts in the September allotments
ADNOC said in July it planned to float stakes in some of its services businesses