Saudi Arabia cuts oil pricing
Riyadh boosts supply to meet demand
Saudi Aramco
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Saudi Aramco head warns of oil supply crunch
The oil industry risks a supply crunch as big energy companies focus on US shale and other short-term efforts over the long-term mega-projects seen in years past, the chief executive of Saudi Arabia’s state energy …
Houthis launched drone attack on Saudi Aramco facility
Yemen’s armed Houthi movement said it had launched a drone strike on a facility belonging to oil giant Saudi Aramco in southern Saudi Arabia - though the company said its plants there were operating "normally and safely". …
Saudi Aramco eyes local IPO, may spike overseas listing
Saudi Arabia is scaling back its ambitions for a public offering for oil giant Aramco, moving ahead with a listing next year solely on the Saudi stock exchange, government officials and others close to the process say. They are …
Saudi Aramco IPO delayed until 2019?
Saudi Aramco’s listing is unlikely to go ahead this year, according to British officials who have been warned by their Saudi counterparts that the world’s biggest flotation was expected to be delayed, Financial Times …
NOVATEK and Saudi Aramco agree on cooperation
Russia's NOVATEK signed a Memorandum of Understanding (MOU) with Saudi Aramco, the Saudi Arabian National Oil Company. According to the MOU, the parties agreed to collaborate internationally on natural gas projects, including LNG …
Saudi Aramco office to be opened in Azerbaijan
A representative office of Saudi Arabia's state oil company Saudi Aramco will be opened in Azerbaijan soon, Saudi Arabia's Minister of Energy, Industry and Mineral Resources Khalid Al-Falih said at a meeting with …
Moscow competes with Riyadh for Chinese market
Russia set to pipe more oil to China, stepping up race with Saudis
Saudi Arabia favors New York for Aramco IPO - media
Saudi Arabia is favoring New York to list state oil giant Saudi Aramco, while also considering London and Toronto for the prospect of floating the firm. Saudi officials also talked to exchanges in Singapore, Hong Kong, Tokyo and …
LukOil leaves Saudi Arabia
The largest Russian oil company LulOil announced that it leaves Saudi Arabia, the head of the company Vagit Alekperov announced this at the St. Petersburg International Economic Forum. "We decided to leave Saudi …
Saudi Aramco raises oil prices for sale to US but cut to Europe
Saudi Arabia, the world’s largest crude exporter, raised pricing on most oil grades for sale to Asia and the US in July after the nation’s energy minister said demand was robust. State-owned Saudi Arabian Oil Co. increased …
Saudi Arabia plans to step up production
Saudi Arabia, the world’s biggest oil exporter, plans 'significant growth' in output in 2016 and further international expansion, the head of the country’s state-run producer Saudi Aramco Amin Nasser said, …
Saudi Aramco chairman: Oil prices below $30 are irrational
Saudi Arabia would not cut supplies unilaterally or make way for rival produce, Saudi Aramco chairman Khalid Al-Falih said. He described the drop in oil prices below $30 a barrel as irrational. "The market has …
Dollar costs 74 rubles already
Today in the course of trading on the MICEX the dollar rose 69 kopecks to 74 rubles, repeating the maximum of December 16th 2014. The euro rose 70 kopecks and traded at 79.42. This fall in the Russian national currency is due to another …
Saudi Aramco cuts its oil prices
Saudi Arabia made deep reductions to the prices for its oil. Thus the kingdom is battling to keep its share in the world market of raw materials, the Wall Street Journal writes. In a list of official prices sent to customers, state-oil …
Saudi Arabia to sell oil cheaper to Europe and US
According to the state-owned Saudi Aramco, in October Saudi Arabia intends to reduce the price of oil for the United States and North-West Europe. Thus, oil prices will fall to $0.5-0.9 a barrel ...
