Featured Saudi Arabia weighs East-West oil pipeline expansion Aya Anwar Jul 8, 2026 0 Saudi Arabia is considering expanding the capacity of its East-West crude oil pipeline to the Red Sea coast,…
Stocks Gulf stocks soar on US-Iran ceasefire deal Aya Anwar Apr 8, 2026 0 Gulf stock markets surged on Wednesday as global equities rallied after US President Donald Trump agreed to a…
Industry & Trade Aramco profit drops in Q2 ’25 Aya Anwar Aug 5, 2025 0 Saudi Arabia’s Aramco posted a 22 per cent year on year (YoY) drop in second-quarter net profit to $22.7 billion on…
Money UAE’s Mubadala launches USD sukuk Aya Anwar May 28, 2025 0 Abu Dhabi’s Mubadala has opened orders for a 10-year U.S. dollar-denominated sukuk, tapping global debt markets…
Featured Egypt, Aramco explore expanded collaboration to enhance energy sector Yomna Yasser Jan 13, 2025 0 Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawy discussed with Amin H. Nasser, President and CEO…
Featured Aramco, CNBM sign strategic collaboration agreement Aya Anwar Sep 25, 2024 0 Aramco and China National Building Material Group Co., Ltd. (CNBM) have announced a strategic five-year Cooperation…
Featured Aramco acquires additional 22.5% of Petro Rabigh Aya Anwar Aug 7, 2024 0 Aramco has reached a definitive agreement to acquire an additional 22.5 per cent stake in Petro Rabigh for $702…
Energy Saudi Aramco profit falls 3.4% in Q2 ’24 Nada Ali Aug 6, 2024 0 Saudi Arabia's state oil producer Aramco reported a 3.4 per cent decline in second-quarter net income on Tuesday.
Energy S. Korea’s offshore field attracts investors Aya Anwar Jul 30, 2024 0 South Korea is conducting an investor roadshow after global oil majors showed interest in an offshore field that…
Energy S. Arabia raises $12.35b from Aramco Aya Anwar Jul 10, 2024 0 Saudi Arabia has successfully secured $12.35 billion through a secondary share sale of Aramco, exercising an…
Featured Aramco plans $3b bond sale Aya Anwar Jul 9, 2024 0 Aramco plans to raise at least $3 billion through its first bond sale in three years, joining Saudi Arabia’s…
Energy Aramco keeps OSPs for LPG unchanged in July Aya Anwar Jul 1, 2024 0 Saudi Arabia's state oil producer Aramco kept official selling prices (OSPs) for liquefied petroleum gas (LPG)…
Energy Saudi Aramco shares surge Aya Anwar Jun 9, 2024 0 Saudi Aramco's shares saw an increase following a secondary share offering aimed at generating a minimum of $11.2…
Energy Aramco launches $10b offering Aya Anwar May 30, 2024 0 Saudi Arabia is set to launch a secondary offering of Aramco shares, aiming to raise over $10 billion, potentially…
MENA News Aramco’s net income falls 14.4% in Q1 ’24 – report Nada Ali May 7, 2024 0 Saudi Arabia's Aramco reported on Tuesday a 14.4 per cent decline in net income for the first quarter of 2024, due…
Featured S. Arabia mulls crude price hike to Asia Aya Anwar Apr 29, 2024 0 Saudi Arabia, the leading exporter of oil, is contemplating raising prices for most of its crude grades sold to…
Energy Aramco mulls 10% stake in China’s Hengli Petrochemical Aya Anwar Apr 22, 2024 0 Saudi Aramco is in talks with Hengli Group Co., Ltd. about potentially acquiring a 10 per cent stake in the Chinse…
Money Aramco eyes expansion in China Aya El Sayed Mar 10, 2024 0 Saudi Aramco’s CEO, Amin Nasser, announced on Sunday that the company is exploring further investment opportunities…
Featured Aramco’s ’23 profit drops to $121b Aya El Sayed Mar 10, 2024 0 Aramco, the Saudi oil giant, announced on Sunday a $121 billion profit in 2023, down from its record high of $161…
Featured Aramco raises dividend to $31b despite lower oil prices Nada Ali Mar 10, 2024 0 Aramco raised its dividend payment to investors and the Saudi government, totalling $31.07 billion in the fourth…
MENA News Saudi Aramco’s Jafurah field adds 15tc3 of gas Nada Ali Feb 25, 2024 0 Saudi state oil company Aramco has announced an additional 15 trillion standard cubic feet of gas at its Jafurah…
Featured S. Arabia oil production expansion halt due to transition – minister Aya Anwar Feb 12, 2024 0 Saudi Arabia plans to reduce its long-term oil production capacity expansion was due to energy transition, Reuters…
Featured Aramco CEO expects rise of oil demand in ’24 Nada Ali Feb 12, 2024 0 Aramco CEO Amin Nasser expected that oil demand would rise to 104 million barrels per day (mbd) this year and 105…
unclassified S. Arabia mulls reviving Aramco share sale Nada Ali Jan 31, 2024 0 Saudi Arabia is considering a reviving plan for a follow-on share offering in Saudi Aramco to raise at least $10…
MENA News Aramco boosts venture arm’s capital to $7 bln Nada Ali Jan 17, 2024 0 Saudi Arabia oil giant Aramco said on Wednesday that it has allocated an additional $4 billion to its global…
Featured Companies in KSA warn Aramco fuel price hike to curb earnings Sama Mousa Jan 4, 2024 0 A number of Saudi Arabian companies issued a warning on late Wednesday and Thursday that the fuel price hike by…
Featured Aramco’s Prosperity7VC invests in Chinese health startup Cispoly Sama Mousa Dec 28, 2023 0 Aramco’s Prosperity7 Ventures announced on Thursday the investment in Chinese medtech startup Cispoly, a maker of…
MENA News Aramco, ENOWA sign deal to produce e-fuel demonstration plant Nada Ali Nov 7, 2023 0 Saudi Arabia oil giant Aramco signed a joint development agreement with ENOWA, NEOM’s energy and water company, to…
Tech/AI Aramco, ENOWA to develop pioneering electro fuel demonstration plant Mennatullah Hamzawy Oct 25, 2023 0 Saudi Aramco, global oil giant and ENOWA, NEOM’s energy and water company, have inked a joint development deal to…
Tech/AI KNOC signs 5.3 mln barrel oil storage deal with Saudi’s Aramco Nada Ali Oct 23, 2023 0 South Korea’s state-run Korea National Oil Corp (KNOC) announced on Monday that it has signed a deal with Saudi…
News Aramco studies potential bid to for Shell’s Pakistan assets Nada Ali Oct 15, 2023 0 Saudi Aramco is studying a potential bid for Shell Plc’s assets in Pakistan, marking its first venture into the…
Tech/AI Aramco to sign deal for low-carbon hydrogen production plant Nada Ali Oct 10, 2023 0 Saudi Arabia's Aramco is planning to sign a deal with Danish decarbonisation company Topsoe to build a…
forex news Arabian Pipes, Aramco pen $14.4mln supply deal Mennatullah Hamzawy Sep 21, 2023 0 Aramco and Arabian pipes signed a $14 million deal where the latter will supply the giant oil company with steel…
International News Aramco’s CEO urges for proactive action to prevent serious energy crisis Mennatullah Hamzawy Sep 19, 2023 0 Aramco CEO and President, Amin Nasser called for serious action to be taken to face the escalating energy crisis.…
MENA News Aramco to enter South America retail market after acquiring Chile’s Esmax Nada Ali Sep 17, 2023 0 Saudi Aramco announced on Friday that it has agreed to purchase a 100 percent equity stake in Chile’s Esmax…
Tech/AI Saudi Aramco, Sonatrach raise OSPs for LPG by 13-22% in Sep vs Aug Mennatullah Hamzawy Sep 5, 2023 0 Saudi Arabia’s state oil producer Aramco and Algeria’s Sonatrach raised on Monday the official selling prices for…
Industry & Trade Aramco posts 19% drop in Q1 profit Norhan Adel May 9, 2023 0 Saudi Arabia oil gaint Aramco posted on Tuesday its first quarter’s earnings, reporting net income of $31.9 billion…
Industry & Trade Aramco maintains crude supply to Asia following production cuts Norhan Adel Apr 10, 2023 0 Saudi Arabia's Aramco will continue providing its supplied crude oil volume contracted in May to several North…
Industry & Trade Aramco to invest billion in Chinese petrochemicals Norhan Adel Mar 29, 2023 0 Saudi oil giant Aramco announced on Sunday and Monday deals to invest billions of dollars in China’s downstream…
Tech/AI Saudi Aramco opens petrochemical complex in China by 2026 Nada Ali Mar 27, 2023 0 Saudi Arabia’s Aramco signed an agreement with Chinese partners on Sunday for an oil refinery and petrochemical…