The Minister of Economy of Azerbaijan held a meeting with the chief executive officer of one of the largest oil companies in the world in Saudi Arabia. The parties discussed a number of topics related to cooperation in the energy sector.
Saudi Arabian state-owned oil giant Aramco is "set to complete a significant sponsorship deal" with FIFA that would make it one of the governing body's "top-tier partners" in a relationship that is set to last until …
Saudi Aramco has awarded a contract to Lamar Holding to develop a seawater desalination plant
Saudi Arabia's revenue in October from crude oil exports and products such as diesel, fell to the lowest figure since February, the kingdom's statistics office said on Thursday. The office reported that in the month of …
Saudi Arabia cut oil prices for customers in Asia as coronavirus lockdowns and sagging economies cool energy demand in the two regions. State-controlled Saudi Aramco lowered its key Arab Light grade for October’s …
Saudi Arabia raised the July official selling price (OSP) for its flagship Arab light crude to Asia by $2.10 from June to $6.50 premium versus the average of the Oman and Dubai benchmarks, state oil producer Aramco said. The July OSP is …
State-owned oil producer Saudi Aramco on Sunday reported an almost 82% rise in first-quarter net profit, broadly in line with analyst forecasts, helped by strong oil prices. Aramco, which is at par with Apple Inc as the world's most …
Oil giant Saudi Aramco on Wednesday surpassed Apple as the world’s most valuable firm. Aramco’s market valuation was just under $2.43 trillion on Wednesday, according to FactSet, which converted its market cap to …
Saudi Arabia lowered oil prices for customers in its main market of Asia as a surge in coronavirus cases crimps demand in India, the world’s third-largest crude importer ( …
Saudi Aramco will ensure China's energy security remains its highest priority for the next 50 years and beyond as new and existing energy sources run in parallel for some time, CEO Amin Nasser told the China Development Forum. …
Saudi Aramco's shareholders may consider selling more shares of the company if market conditions are right, the head of the kingdom's sovereign wealth fund (PIF), Yasir al-Rumayyan, said on Tuesday in a televised news briefing. …
Saudi Arabia has raised the selling prices for its crude grades to all destinations for July, a day after OPEC, led by Riyadh, and its allies agreed to extend record oil production cuts until the end of July. State oil giant Saudi …
Saudi Arabia stood by its pledge to curtail oil output under the OPEC+ deal, reducing shipments to the prized Asian market, Bloomberg reported citing sources. "Saudi Aramco cut contractual volumes for June loading to at least …
Saudi Aramco has started reducing production earlier this week ahead of the May 1 deadline when new OPEC+ output targets kick in, according to a Saudi industry official familiar with the matter. Aramco started to reduce production …
Saudi Aramco delayed the release of its key monthly oil pricing list until later this week as the kingdom trades barbs with Russia about the OPEC+ meeting aimed at ending the collapse in oil prices, Bloomberg reports. A new date for the …
Saudi Aramc is weighing the sale of a stake in its pipeline unit to raise money amid a slump in crude prices, according to people familiar with the matter. Aramco may need to raise cash this year as it confronts a historic rout in …
Aramco’s quick recovery from the attacks on its Abqaiq oil facility shows resilience and flexibility that’s without parallel in the industry, Chief Executive Officer Amin Nasser said, assuring that Saudi …
Saudi Arabia has just pulled off the biggest initial public offering in history, raising $25.6 billion by selling shares in its giant state-owned oil monopoly Saudi Aramco. Aramco priced its IPO at 32 riyals ($8.53) per share, the top …
The same day Aramco is due to announce the final offer price
Climate change poses a serious risk to Saudi Aramco’s long-term business as rising sea levels and temperatures could damage infrastructure, curb productivity and even halt some of its operations. As Fortune …
