Saudi-owned, Houston-based Motiva Enterprises over the weekend inked two agreements that represent billions in potential investments to take advantage of growing U.S. natural gas and oil feedstocks.
Tag / Saudi Arabia
SubscribeSaudi Arabia
Articles from Saudi Arabia
NGI The Weekly Gas Market Report
U.S. Targets Middle East for LNG Sales; Russia’s Newest Exports Targeting China
Secretary of Energy Rick Perry in the last few days was making a pitch to export natural gas to the Middle East, opening up U.S. markets, while Russia is prowling for more customers in Asia and elsewhere with the startup of a massive project in the coldest part of the world.
No Free Rides For U.S. Onshore Producers, Says Saudi Energy Minister
Following a two-year oil price war that sharply disrupted global output and bankrupted dozens of North American operators, Saudi Arabia’s energy minister warned Tuesday that the decision by the Organization of the Petroleum Exporting Countries to temporarily reduce output doesn’t mean a free ride for anybody.