CARACAS, VENEZUELA (Carlos A. Rossi, Energy Analytics Institute, 5.Mar.2025) — A crucial point behind Europe’s motivation to support Ukraine’s president Volodymyr Zelenski is simply to not […]
Category: Saudi Arabia
Saudis
Aramco to Acquire 25% Interest in Unioil, Enter Philippines Retail Market
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 19.Feb.2025) — Aramco signed definitive agreements to acquire a 25% equity stake in Unioil Petroleum Philippines, one of […]
CERAWeek by S&P Global Houston, 10-14 Mar. 2025
HOUSTON, TEXAS (S&P Global, 10.Feb.2025) — The 43rd annual gathering of CERAWeek by S&P Global—the world’s preeminent energy conference—will convene energy industry leaders, experts, government officials […]
WoodMac: Key Upstream Things to Look for in 2025
(WoodMac, 8.Jan.2025) — Improving upstream sentiment comes at a time of high geopolitical tensions, and both supply and demand concerns, setting 2025 up to be […]
EAI’s NRGBriefs Dec. 2024: Exxon Guyana, Venture Global IPO, Rio Tingo Argentina
(Energy Analytics Institute, 31.Dec.2024) — Energy briefs as well as others related to finance and projects during Dec. 2024 including Venture Global filing for IPO; […]
TotalEnergies Celebrates 50 Years in Saudi Arabia
(TotalEnergies, 3.Dec.2024) — On the occasion of French President Emmanuel Macron’s state visit to the Kingdom of Saudi Arabia and as the TotalEnergies celebrates 50 […]
TotalEnergies and Aljomaih Awarded 300 MW Rabigh 2 Solar Project
(Energy Analytics Institute, 3.Dec.2024) — The consortium comprising TotalEnergies and Saudi developer Aljomaih Energy and Water Company (AEW) inked a 25-year Power Purchase Agreement (PPA) […]
Nabors Reports 3Q:24 Results, Updates on Saudi Arabia (PDF Downloads)
(Nabors, 22.Oct.2024) — Nabors Industries Ltd. reported third quarter 2024 operating revenues of $732mn, compared to operating revenues of $735mn in the second quarter. The […]
Saudi Arabia Eyes Boosting Production by 1 MMb/d
(Energy Analytics Institute, 4.Oct.2024) — Saudi Arabia looks to add around 1 MMb/d of production over the next 12-15 months to reach close to 10 MMb/d […]
Saudi Arabia Signals Oil Policy Shift
(The Washington Institute, 27.Sep.2024) — The kingdom anticipates and accepts lower oil prices, according to a news report, but the impact on other producers could […]
Saipem Awarded Offshore Contract in Saudi Arabia Worth$2bn
(Energy Analytics Institute, 16.Sep.2024) — Saipem has been awarded a new offshore contract worth $2bn, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for […]
Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman Extend Cuts
(Opec, 5.Sep.2024) — The OPEC+ countries, which previously announced additional voluntary cuts in Apr. and Nov. 2023, including Saudi Arabia, Russia, Iraq, the United Arab […]
Saudi Arabia Sets up New Aramco Share Sale
(Reuters, 30.May.2024) — Saudi Arabia’s government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise as much as $13.1 […]
Petrobras Ranking by Poder 360
(Energy Analytics Institute, 18.May.2024) — In 2023, Petrobras was the 4th most profitable oil company. Saudi Arabia’s Saudi Aramco remains the leader, on its own, […]
CERAWeek 2024 Boasts Delegate Attendance of 8,100+
(Energy Analytics Institute, 22.Mar.2024) — The CERAWeek by S&P Global, held 18-22 Mar. 2024 in Houston, Texas, boasted in attendance 8,100+ delegates (9,400+ when counting […]
Aramco Reports 2023 Net Income of $121.3bn
(Aramco, 10.Mar.2024) — The Saudi Arabian Oil Company announced its full-year 2023 financial results, reporting a net income of $121.3bn, its second-highest ever net income. […]
Concacaf and Aramco Ink Multi-year Partnership
(Aramco, 23.Feb.2024) — Concacaf has agreed to a multi-year Confederation-wide partnership with Aramco, a global integrated energy and chemicals company. Aramco will become the “Official […]
Aramco’s Shift to Abandon 13 MMb/d Capacity Target
(WoodMac, 1.Feb.2024) — Addressing the Saudi Ministry of Energy’s instructions to Saudi Aramco to abandon its 13 million barrels per day (b/d) target and maintain […]
Ministerial Roundtable Sets Stage for Future Minerals Forum 2024
(Minister of Industry and Mineral Resources of the Kingdom of Saudi Arabia, 8.Jan.2024) — The Ministerial Roundtable, a pivotal precursor to the third edition of the […]
S&P Global Releases its 2024 Energy Outlook
(S&P Global, 14.Dec.2023) — Analysts at S&P Global Commodity Insights, an independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, […]
CGG Sells its Stake in ARGAS to TAQA
(CGG, 21.Nov.2023) — CGG has entered into a definitive agreement with Industrialization and Energy Services Company (TAQA) to sell its entire 49% stake in Arabian […]
Sungrow Announces Renewable Energy Solutions to Support Saudi’s Vision 2030
(Sungrow, 1.Nov.2023) — Sungrow, the global inverter and energy storage system supplier, introduced its state-of-the-art solar-plus-storage energy solutions covering utility-scale, C&I and residential scenarios during […]
Aramco Enters LNG Business by Buying Interest in MidOcean Energy
(Aramco, 28.Sep.2023) — Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in […]
Aramco Enters Global LNG Business with $500mn Stake in MidOcean Energy
(Aramco, 28.Sep.2023) — Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in […]
TotalEnergies, Aramco Complete Processing of oil from Plastic Waste
(TotalEnergies, 17.Jul.2023) — TotalEnergies, Aramco and SABIC have for the first time in the Middle East and North Africa successfully converted oil derived from plastic […]
TotalEnergies, Aramco and SABIC Process Oil from Plastic Waste
(TotalEnergies, 17.Jul.2023) — TotalEnergies, Aramco and SABIC have for the first time in the Middle East and North Africa successfully converted oil derived from plastic waste […]
Aramco and TotalEnergies Award $11bn Deals for Amiral
(TotalEnergies, 24.Jun.2023) — Aramco and TotalEnergies awarded Engineering, Procurement and Construction (EPC) contracts for the $11bn “Amiral” complex, a future world scale petrochemicals facility expansion at […]
Kapsarc Joins Efforts to Boost Global Dialogue
(KAPSARC, 21.Jun.2023) — The King Abdullah Petroleum Studies and Research Center (KAPSARC) announces its recent accreditation of observer status by the United Nations Environment Programme (UNEP), […]
Saudi Aramco Reports 1Q:23 Earnings of $31.9bn [PDF Download]
(Saudi Aramco, 9.May.2023) — Global crude oil prices declined in the first quarter of 2023 mainly driven by macroeconomic events contributing to market volatility. Aramco […]
Fitch Upgrades Saudi Arabia to ‘A+’; Outlook Stable
(Fitch Ratings, 5.Apr.2023) — Fitch Ratings upgraded Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘A+’ from ‘A’. The Outlook is Stable. A full […]
KAPSARC to Participate in CERAWeek by S&P Global 2023
(KAPSARC, 5.Mar.2023) — The Riyadh-based King Abdullah Petroleum Studies and Research Center (KAPSARC) will join the world’s energy industry leaders, experts, government officials and policymakers […]
Riyadh to Host 44th IAEE International Conference 4-9 Feb. 2023
(KAPSARC, 14.Jan.2023) — The King Abdullah Petroleum Studies and Research Center (KAPSARC) and Saudi Association for Energy Economics (SAEE) are proud to host the 44th […]
Aramco and TotalEnergies to Build Saudi Petrochems Complex
(TotalEnergies, 15.Dec.2022) — The Saudi Arabian Oil Company (Aramco) and TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical […]
KAPSARC and CNPC Affiliate Ink Research and Innovation Deal
(KAPSARC, 6.Dec.2022) — On 6 December 2022, the King Abdullah Petroleum Studies and Research Center (KAPSARC), a leading Riyadh-based advisory think tank, signed a memorandum […]
KAPSARC 4Q:22 Oil Market Outlook (KOMO)
(KAPSARC, 21.Nov.2022) — Highlights from KAPSARC‘s fourth quarter of 2022 Oil Market Outlook (KOMO) follow. Declining gross domestic product (GDP) growth in Q4 2022 will […]
Saudi Arabia, Led By The Crown Prince And New Prime Minister, Is Greening Up
(Forbes, 18.Nov.2022) — With oil production at 11 million bpd (barrels per day) Saudi Arabia is the second top oil producer – a country of […]
Govt Policies Needed to Debunk Misconceptions: KAPSARC Head Says
(KAPSARC, 25.Oct.2022) — Renewable energy costs will not be cheaper anytime soon, cautioned Fahad Alajlan, President of Riyadh-based advisory think tank, the King Abdullah Petroleum Studies […]
![OPEC Cuts Oil Demand Forecast to Below the 100 MMb/d Mark [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/04/opec-header-africa.jpg)
OPEC Cuts Oil Demand Forecast to Below the 100 MMb/d Mark [PDF Download]
(Energy Analytics Institute, 12.Oct.2022) — The Organization of Petroleum Exporting Countries (OPEC) now forecasts oil demand to dip below 100 million barrels per day (MMb/d) […]
OPEC+ Deepens Support for Saudi Call to Weigh Supply Curbs
(Bloomberg, 24.Aug.2022) — OPEC’s united front on possible action grew stronger, as more nations endorsed Saudi Arabia’s view that supply curbs may be needed to […]
KAPSARC: Investment Challenges Affecting the Oil and Gas Industry
(Energy Analytics Institute, 22.Aug.2022) — Research Lead Hamid M. Al Sadoon and and Research Fellow Julio Arboleda with the King Abdullah Petroleum Studies and Research […]
President Ali Urges Saudi Arabians to Invest in Guyana
(CMC, 10.Jul.2022) — The President of Guyana, Dr Mohamed Irfaan Ali, has extended an open invitation to investors of the Kingdom of Saudi Arabia, to […]
NRGBriefs: Saudi Delegation in Guyana for Investment Engagement
(Energy Analytics Institute, 9.Jul.2022) — Energy briefs including Guyana officials speaking during the opening ceremony for the Saudi Arabia – Guyana Investment Engagement at the […]
Guyana Ready to Make Investment Decisions with Saudi Arabia
(Energy Analytics Institute, 9.Jul.2022) — Guyana’s President Dr Mohamed Irfaan Ali told a delegation of over 60 representatives from the Kingdom of Saudi Arabia, including […]
KAPSARC Reveals Estimates for Oil, Gasoline Demand
(KAPSARC, 29.Jun.2022) — Global oil demand is projected to record a 1.9% quarter-on-quarter growth averaging 100.6 million barrels per day by the end of the […]
NRGBriefs: Exxon, Hess, and CNOOC FID Yellowtail Development
(Energy Analytics Institute, 4.Apr.2022) — Energy briefs including ExxonMobil, Hess and CNOOC taking a final investment decision (FID) for their fourth development offshore Guyana called […]
Saudi Arabia Positioned to Produce Green and Blue Hydrogen at Competitive Rates
(KAPSARC, 4.Apr.2022) — According to a new study on “The Economics and Resource Potential of Hydrogen Production in Saudi Arabia” by the King Abdullah Petroleum […]
White House Pressed on Potential Oil Deals with Saudi Arabia, Venezuela and Iran
(Politico, 7.Mar.2022) — The White House on Monday pushed back on concerns about the Biden administration’s willingness to cut deals with countries like Saudi Arabia, […]
Prince Charles Addresses Saudi Green Initiative Forum
(FGH, 23.Oct.2021) — The UK’s Prince of Wales has addressed the Saudi Green Initiative Forum in Riyadh, highlighting the “dangerously narrow” window for green recovery […]
Argus Launches LPG Freight Prices
(Argus, 27.Jul.2021) — Global energy and commodity price reporting agency Argus has launched 10 new freight price assessments for tankers transporting liquefied petroleum gas (LPG). […]
Saipem Inks Contracts In Saudi Arabia
(Saipem, 17.May.2021) — Saipem has been awarded the extension of two important contracts for onshore drilling activities in Saudi Arabia for a duration of 5 […]
OPEC Voluntary Production Levels (PDF DOWNLOAD)
(Energy Analytics Institute, 11.Jan.2021) — OPEC’s voluntary crude oil production levels for the months of January, February, and March. __________ By Ian Silverman. © Energy […]
20 Companies: The Biggest Polluters In The World
(Insider Monkey, 2.Jan.2021) — In this article we are going to list the 20 companies that are the biggest polluters in the world. Click to […]