S. Arabia mulls crude price hike to Asia
Saudi Arabia, the leading exporter of oil, is contemplating raising prices for most of its crude grades sold to…
Browsing Tag
Aramco
Aramco mulls 10% stake in China’s Hengli Petrochemical
Saudi Aramco is in talks with Hengli Group Co., Ltd. about potentially acquiring a 10 per cent stake in the Chinse…
Aramco eyes expansion in China
Saudi Aramco’s CEO, Amin Nasser, announced on Sunday that the company is exploring further investment opportunities…
Aramco’s ’23 profit drops to $121b
Aramco, the Saudi oil giant, announced on Sunday a $121 billion profit in 2023, down from its record high of $161…
Aramco raises dividend to $31b despite lower oil prices
Aramco raised its dividend payment to investors and the Saudi government, totalling $31.07 billion in the fourth…
Saudi Aramco’s Jafurah field adds 15tc3 of gas
Saudi state oil company Aramco has announced an additional 15 trillion standard cubic feet of gas at its Jafurah…
S. Arabia oil production expansion halt due to transition – minister
Saudi Arabia plans to reduce its long-term oil production capacity expansion was due to energy transition, Reuters…
Aramco CEO expects rise of oil demand in ’24
Aramco CEO Amin Nasser expected that oil demand would rise to 104 million barrels per day (mbd) this year and 105…
S. Arabia mulls reviving Aramco share sale
Saudi Arabia is considering a reviving plan for a follow-on share offering in Saudi Aramco to raise at least $10…
Aramco boosts venture arm’s capital to $7 bln
Saudi Arabia oil giant Aramco said on Wednesday that it has allocated an additional $4 billion to its global…
