Tag: revenues
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Revenues from Saudi oil exports decreased by 370 million dollars in January
Saudi oil export revenues decreased, during last January, on an annual basis, with the decline in oil prices compared to the same period in 2021. Official data – seen by the specialized energy platform – showed a decline in Saudi oil revenues in January, by approximately 1.7%, compared to the same period in 2022. The…
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Iraq aims to achieve revenues of $300 billion from developing border oil fields
Iraq aims to achieve revenues of about 300 billion dollars as a result of the development of border oil fields, whose contracts were signed today, Tuesday, with a number of oil companies. The signing of contracts for 6 projects in the governorates of Basra and Diyala comes as part of Iraq’s plans to increase production…
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Revenues from Saudi oil exports rose 11% in December
Saudi oil export revenues increased, during last December, on an annual basis, supported by the rise in oil prices and the increase in exports compared to the same period in 2021. And official data – seen by the specialized energy platform – showed that Saudi Arabia’s oil revenues increased, in December, by approximately 11.1%, compared…
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Oil revenues and aid from Saudi Arabia and the Gulf states support developing countries (article)
From the rise of oil revenues in the 1970s until now, the Gulf states have provided massive financial aid to countries in economic distress in the Middle East and North Africa region and beyond. The Arab Gulf countries have emerged in the past five decades as one of the largest donors in the world, and…
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Anas Al-Hajji: The oil price ceiling did not reduce Russia’s revenues
Energy platform editorial advisor, energy economics expert Dr. Anas Al-Hajji, said that everything issued by the US Treasury Department regarding the oil price ceiling is a kind of unfounded propaganda. Al-Hajji explained – in the program “Energy humanitiesHe presented an episode of it on Twitter entitled “The World Between Extremism and Rationality… Between Price Ceilings…
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Guyana’s oil export revenues could jump to 31% in 2023
Guyana’s oil export revenues are expected to rise by 31% to $1.63 billion in the current year (2023), according to government estimates. Finance Minister Ashni Singh said on Monday (January 16) that this forecast is mainly due to increased production from the addition of a third production facility towards the end of the year, according…
