Saudi Arabia
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The national oil company’s remote northern region has delivered a pair of greenfields that await further drilling before a reserves estimate can be made.
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The joint oil field had been offline since 2015, due to an operational dispute.
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Middle East could lose 15% of ethane-based ethylene supply in 2020 because of oil supply dynamics.
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The first of three major unconventional developments in Saudi Arabia has been given the green light. The project will underpin the country's goal to become a top gas exporter by 2030.
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Saudi Arabia offers a seemingly bottomless supply of oil and an equally deep array of exploration challenges as well.
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The world’s most profitable company will be listed on a domestic exchange next month. The final valuation of the company is yet to be determined.
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Rystad estimates almost 2 million B/D will remain shut in on average during September and October, with full restoration to pre-attack levels not coming until closer to year end.
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Oil prices rose on the news that Saudi Arabian production was disrupted by aerial attacks. The massive outage might may boost US exports to new highs.
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Tensions in the region spike as US blames Iran.
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The report, the first by a Chinese company in Saudi Arabia, outlines how Sinopec is fulfilling its economical, safety, environmental, and social responsibilities in Saudi Arabia.