The International Atomic Energy Agency has identified areas that need further action before starting the reactor can start operations
The new venture, with NOV, will be based in Ras Al-Khair
OPEC and other major oil producers agreed to boost supplies last week
Prices had been hiked in May and June
The group has signed an aviation technical and marketing services agreement with Raven Energy
Kuwait previously said it was preparing to restart production in the Neutral Zone in late 2016
OPEC agreed on Friday to raise output from July
The two countries are looking to strengthen energy ties
The project will be one of the largest refining and petrochemical complexes in the world
Saudi Arabia’s Tadawul bourse will be Aramco’s primary listing, confirms Al Falih
Mubadala joins existing shareholders Eni, Rosneft and BP
Yemen’s Houthi movement claimed that it had launched a missile on an Aramco facility in Asir
DEWA is expanding infrastructure to meet increasing demand for energy in Dubai
The authority intends to tender three other desalination projects by year-end
Prince Mohammed and Vladimir Putin will also meet to discuss the oil deal
The state oil giant is moving ahead with multi-billion-dollar projects in China, India and Malaysia
Some analysts say spare capacity could even fall below 2 per cent
Aramco’s IPO, set to be the world’s biggest, is expected to take place in 2019
Saudi Arabia has often tasked Aramco with carrying out government projects such as building industrial cities, stadiums and cultural centres
The two, who met in London earlier this year, also discussed the Iran nuclear deal
It is expected to start operations between the end of 2019 and early 2020
The Russian oil subsidiary’s combined production stood at 1.64 million tonnes in 2017
OPEC may decide to raise oil output as soon as June due to worries over Iranian and Venezuelan supply
Oil has risen 51 per cent in the last year
The two firms previously announced a long-term sulphur off-take deal in December
The initial phase of the project will cost $5bn
OPEC signalled it was ready to step in should “geopolitical developments” impact supply
The plans to invest $45bn over the next five years to expand its refining and petrochemicals operations
Dana has in recent years been struggling to recover hundreds of millions of dollars in overdue payments
OPEC is set to meet in June to set oil policy together with non-OPEC producers participating in the supply cut deal