Saudi Aramco


The Saudis spotted Sechin in "Novomet"


Saudi companies will not buy a stake in Novomet.

Cheap oil runs out in Russia


Experts at the Saudi company Saudi Aramco have estimated that oil production in Russia is more expensive than in the Middle East or Latin America.

Korean concern KOGAS became interested in the project "Arctic LNG"


Novatek plans to reduce its stake in the project to 60%. At the same time, without the financial and tax support of the state, this project is not consistent.

The king is dead, long live the king: how Abdullah's death will affect oil


In the night from Thursday to Friday, the 90-year-old King Abdullah of Saudi Arabia, the ruler of the most powerful oil-producing nation, passed away.