Aramco CEO Amin Nasser
Saudi Arabia Drops Oil Prices for Asian Markets
Wednesday, 3rd August 2016
Saudi Arabia reduces its Arab Light grade price for September-loading cargo to Asian markets by $1.30 a barrel, as Russia and Iraq gain momentum in the race to dominate oil exports to the Asian continent.
Saudi Aramco Maintains All Planned Oil, Gas, Refining Projects
Monday, 4th April 2016
The world’s biggest oil exporter, Saudi Aramco, will not cancel any oil, gas or refining projects, company’s CEO Amin Nasser told press. In addition, Aramco is studying a possible expansion of the country’s largest oil refinery, Ras Tanura, which has a capacity of 550,000b/d and presses ahead with an expansion of the Khurais oil field despite lower crude prices.