On January 5, 2025, Saudi Arabia’s then ambassador to Bangladesh, Essa Youssef Essa Al Duhailan, delivered a stark reminder of a lost opportunity. Saudi Aramco, the Kingdom’s state-owned oil giant, had sent high-level delegations to Bangladesh three times between 2016 and 2018 to explore investment opportunities, including an oil refinery. Yet, according to the ambassador, […]

The post Houthi hits on infrastructure helping lure Aramco to Bangladesh? appeared first on Asia Times.

Saudi Arabia is looking at ways to expand its oil pipeline capacity to destinations outside the Persian Gulf to 10 million barrels a day within two to three years, said Energy Minister Prince Abdulaziz bin Salman.

Yemen is spiraling back toward full-scale war after its Saudi-backed government launched a major offensive on Sunday to retake territory captured by the Iran-backed group Ansar Allah, also known as the Houthis. President Rashad al-Alimi said the armed forces would seek to retake all Houthi-controlled territory, which is home to about 70% of Yemen’s population, […]

The post US backs major offensive as Yemen slides back toward all-out war appeared first on Asia Times.

The World Oil Outlook is published annually by the OPEC Secretariat in Vienna and is intended to inform policymakers, industry stakeholders and market analysts on long-term energy trends.

The post Saudi Aramco to help build new Pakistan refinery as OPEC sees global oil demand climbing appeared first on BOL News.