Egypt’s Petrojet reports robust 2025 year, expands into nuclear sector – ministry
Egypt’s state-owned engineering and construction firm Petrojet is moving into nuclear power while maintaining a…
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Saudi Aramco
Oil prices rise over 15% on Monday
Oil prices rose more than 15 per cent on Monday to their highest levels since mid 2022 as supply cuts by major…
Egyptian Drilling Company wins first Kuwaiti contract with KOC
The Egyptian Drilling Company (EDC) secured a landmark contract in Kuwait to operate a 1,500-horsepower drilling…
Aramco signs 34 deals with US firms
Saudi Aramco has signed 34 memoranda of understanding (MoUs) and agreements with major US companies through its…
S. Arabia to reduce crude oil supply to China in Feb
Saudi Arabia's crude oil shipments to China are set to decline in February as higher prices and extended OPEC+…
S. Arabia raises oil prices for Asia
Saudi Arabia's Aramco, the world's top oil exporter, decided on Monday to increase oil prices for Asian buyers in…
S. Arabia cuts oil prices for Asia
Saudi Arabia has announced significant cuts to oil prices for Asian buyers, exceeding market expectations, as the…
Saudi, Vietnam sign energy co-operation deal
Saudi Aramco signed a Collaboration Framework Agreement with Vietnam Oil and Gas Group (Petrovietnam) to explore…
Goldman Sachs expands footprint to Saudi Arabia
Goldman Sachs is opening a new office in Riyadh’s King Abdullah Financial District (KAFD), strengthening its…
S. Korean AI chipmakers merge to take on global leaders
South Korean AI chip makers Rebellions Inc and Sapeon Korea Inc have officially merged, as announced by the…