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The project will also enhance the Kingdom’s economic growth by displacing the burning of crude oil with sales gas. (Aramco Magazine: Arabian Sun)
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OPEC logo is pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria September 28, 2016. REUTERS/Ramzi Boudina
OPEC Expects US Response On Decision to Extend Agreement to Reduce Oil Production
Cairo – OPEC and non-OPEC countries led by Russia on Thursday expected, during their meeting in Vienna, that the US Shale Oil would respond positively to its final decision to extend the oil production reduction agreement by an additional 9 months until March...Caption:
Aramco representatives present IKTVA and its role in increasing national GDP and localization rates, Asharq Al-Awsat newspaper
Saudi Aramco Puts Out Investment, Industrial Offerings for Local SMEs
Dammam- Oil giant Saudi Aramco has reviewed its program “IKTVA” and its role in the localization of industry and technology on the first day of the forum addressing means on pinpointing investment opportunities to SMEs. Organized and launched by the...Caption:
Shell Plans to Split Motiva Assets with Saudi Aramco in Q2. Reuters
‘Aramco,’ ‘Shell’ Firm up Motiva Deal
Dammam- Saudi Arabian Oil Company, Saudi Aramco, and Royal Dutch Shell plc, Shell, announced the signing of binding definitive agreements between Saudi Refining, Inc., SRI, a wholly owned subsidiary of Saudi Aramco, and SOPC Holdings East LLC, a US downstream...Caption:
Royal Dutch Shell and Saudi Aramco will split up assets of their Motiva joint venture. Reuters