Saudi Aramco News


Yanbu Oil Terminal Boosts Export Capacity

Oct 17, 2018

State oil giant Saudi Aramco said on Wednesday that the Yanbu South Terminal has added 3 million barrels per day of crude oil to the company's west coast export capacity after a rehabilitation and upgrade programme.'The terminal, located south of Yanbu along the west coast of Saudi Arabia…

Saudi-led Coalition Foils Remote Controlled Boat Attack

Oct 01, 2018

A Saudi-led military coalition fighting against Yemen's Houthi movement foiled an attack by two explosives-laden remote controlled boats deployed by the Houthis against Saudi Arabia's Jizan port, Saudi state news agency SPA reported on Sunday…

Rowan Gets New Contract by Turkish Petroleum

Sep 24, 2018

Offshore driller Rowan Companies has been awarded a two-well contract for its Rowan Norway jack-up rig in the Mediterranean Sea by Turkish Petroleum.Rowan Companies announced that the Rowan Norway, an N-Class ultra-harsh environment jack-up rig…

China Harbour Engineering to Build Berri Field in Saudi Arabia

Sep 17, 2018

Saudi Arabian oil giant Saudi Aramco has awarded a contract to China Harbour Engineering Arabia for the construction of two  drilling islands under the company’s Berri Increment Program (BIP).The objective of the BIP is to produce an additional 250…

Gunvor Halts Refinery Upgrade for New Shipping Fuels

Aug 28, 2018

Global energy trader Gunvor Group has put on hold plans to upgrade its Rotterdam refinery that intended to make the plant more competitive ahead of new global rules on shipping fuel quality, it said on Tuesday, citing market conditions.Global…

Ukraine Barley Exports to Saudi Arabia Jump in July

Aug 17, 2018

Ukraine's barley exports to Saudi Arabia jumped by 55 percent in July from a year earlier to 464,000 tonnes thanks to a decrease in barley production by the main producing countries, analyst APK-Inform said on Friday.'This growth is associated…

Saudi Arabia Resumes Oil Exports through Red Sea Lane

Aug 06, 2018

Top oil exporter Saudi Arabia said on Saturday it has resumed all oil shipments through the strategic Red Sea shipping lane of Bab al-Mandeb.Saudi Arabia halted temporarily oil shipments through the lane on July 25 after attacks on two oil tankers by Yemen's Iran-aligned Houthi movement…

Supertanker Hauling Saudi Crude U-turns After Recent Attack

Jul 30, 2018

A supertanker carrying Saudi Arabian crude has turned around near the Bab El-Mandeb strait, days after the world's top exporter said it was suspending all oil shipments through the strait following an attack by Yemen's Iran-aligned Houthi movement on two other ships…

Middle East Oil & Gas Shipping Routes are at Risk

Jul 26, 2018

Saudi Arabia said on Thursday it was suspending oil shipments through the Red Sea after Yemen's Iran-aligned Houthis attacked two crude tankers, underscoring risks caused by the conflict in the world's top oil exporting region.Iran, in its row with the United States over sanctions…

Saudi Arabia Halts Red Sea Oil Exports after Tanker Attacks

Jul 26, 2018

Saudi Arabia said on Thursday it was suspending oil shipments through a strategic Red Sea lane after Yemen's Iran-aligned rebels attacked two tankers in the waterway, underscoring the risk of an escalation in tensions in the region.Brent crude futures rose 59 cents to $74…

Novatek Ships First LNG Cargo to China via Arctic

Jul 19, 2018

Russian natural gas producer Novatek delivered on Thursday the first ever liquefied natural gas (LNG) cargo to China via the Northern Sea Route (NSR) alongside the Arctic coast, which drastically cuts delivery time to Asian consumers.The shipments…

Saudi Arabia, UAE to Establish Shipping Lane to Yemen's Hodeidah Port

Jun 14, 2018

Saudi Arabia and the United Arab Emirates announced a five-point aid plan for Yemen's Hodeidah port and surrounding areas on Wednesday, after a Saudi-led alliance of Arab states launched an attack on Yemen's Houthi-held main port city.As part of the plan…

Poland Cuts Dependence on Russian Oil but at a Cost

May 08, 2018

Poland's imports of Russian oil last year fell to their lowest level since 2005, a central bank report published on Tuesday showed, though Warsaw's bid to diversify its energy imports also meant paying higher prices.Russian oil accounted for 76 percent of all oil purchases…

Bahri Tanker NCC Amal Carries Chemical Cargo to China

Apr 05, 2018

National Shipping Company of Saudi Arabia (Bahri) announced the transportation of the first chemical shipment from Aramco Trading Company (ATC), a wholly-owned subsidiary of Saudi Aramco that trades refined, liquid chemical and polymer products…

India's Oil Imports Reach Record High in January

Feb 15, 2018

India imported a record 4.93 million barrels of oil per day (bpd) in January to feed its expanded refining capacity and meet rising demand, ship tracking data obtained from sources and data compiled by Thomson Reuters Oil Research & Forecasts showed…

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