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Saudi Arabia Oil & Gas Export News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Saudi Arabia Oil & Gas.
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Latest Saudi Arabia Oil & Gas Export News

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  • CME to launch Mars crude contracts in December 20 Nov 2009 21:01 GMT
    ... will launch physically deliverable U.S. Gulf sour crude contracts in early December, to offer new ... said. "This new physically delivered sour crude oil contract will provide a valuable hedging tool ... that Saudi Arabia, the world's top oil exporter, will begin pricing its U.S.-bound crude exports ...

  • The Oil Casino: SEC Heading for Monte Carlo, Part II 20 Nov 2009 21:17 GMT
    ... about the Cornucopia of Ultimately Recoverable Global Oil Endowment -- not a single syllable of ... waters with enforceable property rights, oil and gas pipelines nearby, assured market, plenty of engineering ... gangsters. Corrupt local law enforcement. Resource nationalism. Export duty is currently $38 a barrel. Western ...

  • Saudi Set for Asia Crude Benchmark 20 Nov 2009 19:58 GMT
    ... to adopt the Dubai Mercantile Exchange’s Oman crude oil futures contract as its benchmark one day, ... the switch. The growing confidence that state exporter Saudi Aramco will eventually abandon the Dubai/Oman ...

  • Saudi Arabia bombards Yemeni rebels in policing role for US imperialism 20 Nov 2009 10:54 GMT
    ... in Yemen’s internal affairs. “Those who pour oil on the fire must know that they ... later was the site of an oil refinery and tanker port. The Huthis, known also ... of overall revenue and 90 percent of export receipts. It is the Arab world’s poorest ...

  • 26/11Olive oil and table olives from Turkey 20 Nov 2009 13:20 GMT
    ... 26/11Olive oil and table olives from Turkey Treasured since ... oil is classified as “extra virgin”, “virgin”, “refined” and “riviera” (a blend of virgin and ... a drink. Olive oil and table olive exports of Turkey Being a net exporter of ...

  • Gulf monetary union well on track: Saudi 20 Nov 2009 21:18 GMT
    ... bank of Saudi Arabia, the world’s biggest oil producer, is “very comfortable” with the level ... helping economies in the world’s top oil exporting region emerge from a downturn. Al-Zadjali said ... to trade between $75 and $80 a barrel over the last month. “The oil price ...

  • Deregulation As a National Albatross [analysis] 20 Nov 2009 09:18 GMT
    ... incidences of widespread insecurity, ailments of the oil industry, completely dilapidated Federal roads, which have ... solid minerals and abundant petroleum and natural gas resources for the welfare of its people. ... the 6th or 7th rated producer and exporter of crude oil in the world, Nigeria ...

  • Gulf states set for full financial recovery in 2010 20 Nov 2009 01:56 GMT
    ... prices and an increase in their output. Oil prices could average nearly $72 a barrel ... study noted that although the improvement in oil-export revenues would boost the GCC's fiscal and ... driven by a 60 percent rise in gas production. As per the report, GCC activity ...

  • Background Notes : Sudan (11/09) 20 Nov 2009 17:19 GMT
    ... est.): 16.5%. Natural resources: Modest reserves of oil, natural gas, gold, iron ore, copper, and other industrial ... cessation of major north-south hostilities and expanding exports resulted in 6.4% GDP growth and a ...

  • RPL to begin Euro-III grade fuel production by Sep-end 20 Nov 2009 15:36 GMT
    ... even as the company is scouting for oil storage facilities globally to market products. Trial ... adding that the company will buy extra crude oil from Saudi Arabia in August to ... Gulf to stock clean fuel from the export-oriented refinery closer to their market. The storages ...

  • Emirates prepare for nuclear plant 20 Nov 2009 17:30 GMT
    ... Arab Emirates, Nov. 20 (UPI) -- The oil-rich United Arab Emirates is expected to award ... ranked producer in the Organization of Petroleum Exporting Counties, is turning to nuclear power because ... and it does not produce enough natural gas to meet demand amid an economic boom ...

  • Peak oil review - Nov 16 16 Nov 2009 11:56 GMT
    ... week. The publication of the IEA’s monthly Oil Market Report and annual World Energy Outlook, ... out there warning that the oil and gas is running out in the most authoritative ... oil and natural gas, 70 percent of export revenues, rebounded from the start of the ...

  • The bulls & bears behind oil 19 Nov 2009 00:15 GMT
    ... Oil prices hit a high for this year ... $32.40 hit in December last year. U.S. crude has since dipped slightly to around $80, ... forecasters, including the Organization of the Petroleum Exporting Countries, the International Energy Agency and the ...

  • A new benchmark for oil? 19 Nov 2009 20:36 GMT
    ... Saudi Arabia's new method of pricing oil bound for the United States reflects the ... reflects the world's growing reliance on sour crude, which is harder to refine. The sour ... may soon be copied by other major exporters, could spur demand for sour crude contracts. ...

  • Saudi King named most powerful person in energy by Forbes 15 Nov 2009 07:01 GMT
    ... the energy supply chain." Forbes said, when oil prices dipped down to USD 40 a ... oil--meaning the 12 OPEC (Organization of Petroleum Exporting Countries) nations would agree to limit production ... to Give Americans Solutions Act (or NAT GAS Act)." The NAT GAS Act promotes the ...


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