Commodities Oil prices rise over 2% on Tuesday Aya Anwar Aug 11, 2026 0 Oil prices rose more than 2 per cent on Tuesday to their highest levels since July 31 as hopes for a US-Iran deal…
Commodities Oil prices edge higher on Monday Aya Anwar Jun 29, 2026 0 Oil prices edged higher on Monday as renewed US-Iran strikes highlighted the fragility of their interim peace deal…
Commodities Oil prices surge on Monday Aya Anwar May 11, 2026 0 Oil prices jumped sharply on Monday after President Trump called Iran's response to a US peace proposal…
Commodities Oil prices extend gains on Tuesday Aya Anwar Apr 7, 2026 0 Oil prices extended gains on Tuesday as escalating tensions between the United States and Iran raised concerns over…
Energy Egypt’s Petrojet reports robust 2025 year, expands into nuclear sector – ministry Aya Anwar Mar 18, 2026 0 Egypt’s state-owned engineering and construction firm Petrojet is moving into nuclear power while maintaining a…
Commodities Oil prices rise over 15% on Monday Aya Anwar Mar 9, 2026 0 Oil prices rose more than 15 per cent on Monday to their highest levels since mid 2022 as supply cuts by major…
Featured Egyptian Drilling Company wins first Kuwaiti contract with KOC Aya Anwar Jan 28, 2026 0 The Egyptian Drilling Company (EDC) secured a landmark contract in Kuwait to operate a 1,500-horsepower drilling…
News Aramco signs 34 deals with US firms Aya Anwar May 15, 2025 0 Saudi Aramco has signed 34 memoranda of understanding (MoUs) and agreements with major US companies through its…
Commodities S. Arabia to reduce crude oil supply to China in Feb Aya Anwar Jan 9, 2025 0 Saudi Arabia's crude oil shipments to China are set to decline in February as higher prices and extended OPEC+…
Commodities S. Arabia raises oil prices for Asia Aya Anwar Jan 6, 2025 0 Saudi Arabia's Aramco, the world's top oil exporter, decided on Monday to increase oil prices for Asian buyers in…
Energy S. Arabia cuts oil prices for Asia Aya Anwar Dec 8, 2024 0 Saudi Arabia has announced significant cuts to oil prices for Asian buyers, exceeding market expectations, as the…
Energy Saudi, Vietnam sign energy co-operation deal Nada Ali Oct 30, 2024 0 Saudi Aramco signed a Collaboration Framework Agreement with Vietnam Oil and Gas Group (Petrovietnam) to explore…
Featured Goldman Sachs expands footprint to Saudi Arabia Aya Anwar Oct 29, 2024 0 Goldman Sachs is opening a new office in Riyadh’s King Abdullah Financial District (KAFD), strengthening its…
International News S. Korean AI chipmakers merge to take on global leaders Nada Ali Aug 18, 2024 0 South Korean AI chip makers Rebellions Inc and Sapeon Korea Inc have officially merged, as announced by the…
Energy S. Arabia’s crude exports to China may drop in Sept Aya Anwar Aug 12, 2024 0 Saudi crude oil exports to China are expected to decrease to approximately 43 million barrels in September,…
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 Saudi oil exports to China set to rebound Aya Anwar Jul 9, 2024 0 Saudi crude oil exports to China are set to rebound in August to at least 44 million barrels, driven by deep price…
Featured Aramco, ADNOC eye Santos assets Aya Anwar Jul 4, 2024 0 Saudi Aramco and Abu Dhabi National Oil Co. (ADNOC) are considering bids for Santos Ltd., showing interest in the…
Energy S. Arabia announces new oil discovery Aya Anwar Jul 2, 2024 0 Saudi Arabia has announced significant new oil deposits discovery in the Eastern Province and the Empty Quarter.
Energy Sempra, Aramco ink LNG supply deal Aya Anwar Jun 26, 2024 0 Sempra, a US energy firm, has announced a non-binding agreement with Saudi Aramco for the supply of 5 million tons…
Energy S. Arabia crude oil exports to China expected to drop Aya Anwar Jun 11, 2024 0 Saudi Arabia's crude oil exports to China are anticipated to decline for the third consecutive month in July,…
Energy Foreign investors flock to Aramco shares Aya Anwar Jun 9, 2024 0 About 60 per cent of the shares offered in Saudi Aramco's $11.2 billion stock sale reportedly went to foreign…
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’s sale attracts foreign investments unlike 2019’s Aya Anwar Jun 6, 2024 0 Foreign investors eagerly embraced Saudi Aramco's $12 billion share sale, contrasting with its 2019 debut,…
Featured Bank of America relocates to Dubai Aya Anwar Jun 6, 2024 0 A senior Bank of America Corp. dealmaker is relocating from London to Dubai to boost efforts in the Middle Eastern…
The Watch Oil up on Thursday Aya Anwar Jun 6, 2024 0 Oil prices rose for a second consecutive session despite Saudi Arabia signalling demand concerns by cutting its…
Money UPDATE: Saudi Aramco share sale exceeds initial target Nada Ali Jun 2, 2024 0 Saudi Arabia's Aramco share offering surpassed initial targets, potentially raising up to $13.1 billion and testing…
International News Aramco seeks $12b in share sale to fuel economic diversification Nada Ali Jun 2, 2024 0 Saudi Aramco, the world's largest oil producer, kicked off a major share sale on Sunday aiming to raise $12 billion…
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…
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…
MENA News Gulf stocks up on Tuesday opening Nada Ali Apr 23, 2024 0 Major stock markets across the Gulf region opened higher on Tuesday, clawing back some recent losses as anxieties…
Tech/AI US CarbonCapture raises $80m from investors Nada Ali Mar 12, 2024 0 Los Angeles-based CarbonCapture has secured $80 million in funding from investors, including Saudi Aramco, Reuters…
Tech/AI Aramco, ADNOC discussing US LNG investments Aya El Sayed Mar 6, 2024 0 Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) are reportedly in discussions to invest in US liquefied…
Featured Gulf markets dip as oil declines Aya El Sayed Mar 5, 2024 0 Gulf stock markets were muted in early Tuesday trading due to declining oil prices as China’s economic reforms…
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…
Money Saudi Aramco eyes Indian ventures Aya El Sayed Feb 7, 2024 0 Saudi Aramco, the state oil behemoth, is currently negotiating investment opportunities with Indian firms, as…
Featured S. Arabia leaves Arab Light crude price to Asia untouched Aya Anwar Feb 6, 2024 0 S. Arabia kept the price for its flagship Arab Light crude to Asia in March untouched at a level that is more than…
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…
Featured Saudi Aramco requested to cut max capacity target back to 12 mbpd Aya Anwar Jan 30, 2024 0 Saudi Aramco said on Tuesday it was directed to lower its planned maximum sustainable oil production capacity from…
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…