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Kuwait, Saudi Arabia Sign Agreements On Dividing Neutral Zone Containing Joint Oilfields
2019-12-24 10:48:11| OGI
Kuwait and Saudi Arabia signed on Dec. 24 an agreement and a memorandum of understanding on dividing the Neutral Zone, which contains jointly-operated oilfields, between the two countries, Kuwait's state-run news agency (KUNA) said.
Kuwait Oil Minister Hopes To Resolve Neutral Zone Issue With Saudi Arabia By Year End
2019-12-22 14:24:33| OGI
Kuwait's oil minister said on Dec. 22 he hoped Kuwait and Saudi Arabia will resolve the Neutral Zone issue by the end of 2019.
Saudi Aramco Hits Crown Prince's $2 Trillion Valuation Goal
2019-12-12 20:05:00| OGI
Aramco's IPO is the centerpiece of the Saudi crown prince's vision for diversifying the kingdom away from its oil dependence by using the $25.6 billion raised to develop other industries.
Saudi Aramco IPO Proceeds Reportedly Rise To $29.4 Billion
2019-12-09 15:50:00| OGI
The proceeds from Saudi Aramco's record IPO have risen to $29.4 billion after the oil company exercised an option to sell 15% more stock, an executive at one of the banks leading the deal told Al Arabiya news channel.
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Saudi Delivers Deeper Cuts As OPEC+ Oil Producers Back New Pact
2019-12-06 21:26:09| OGI
Saudi with OPEC peers and allies led by Russia backed a plan that could see cuts of as much as 2.1 million barrels per day (MMbbl/d), Saudi Energy Minister Prince Abdulaziz bin Salman said.
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