Gulf markets take advantage from high oil prices
Gulf's stock market closed high on Sunday which resulted from Friday's rise in oil prices, with the Saudi index…
Browsing Tag
Saudi Aramco
Saudi Aramco’s profits fall 23% amid lower oil prices
Energy giant Saudi Aramco posted a 23 percent year-on-year drop in profits for the third quarter, recording a…
KNOC signs 5.3 mln barrel oil storage deal with Saudi’s Aramco
South Korea’s state-run Korea National Oil Corp (KNOC) announced on Monday that it has signed a deal with Saudi…
Aramco studies potential bid to for Shell’s Pakistan assets
Saudi Aramco is studying a potential bid for Shell Plc’s assets in Pakistan, marking its first venture into the…
Aramco to sign deal for low-carbon hydrogen production plant
Saudi Arabia's Aramco is planning to sign a deal with Danish decarbonisation company Topsoe to build a…
Aramco’s CEO urges for proactive action to prevent serious energy crisis
Aramco CEO and President, Amin Nasser called for serious action to be taken to face the escalating energy crisis.…
Aramco to enter South America retail market after acquiring Chile’s Esmax
Saudi Aramco announced on Friday that it has agreed to purchase a 100 percent equity stake in Chile’s Esmax…
Saudi ACWA Power reach closure for $2.4bln Al-Shuaibah solar projects
Saudi ACWA Power has reached a financial close of $2.37 billion Al Shuaibah 1 and Al Shuaibah 2 solar PV projects…
Saudi Aramco, ENI, United Airlines invest in UK-based low-carbon fuel venture
Saudi Aramco and Italy's Eni have joined the world's largest passenger carrier United Airlines to invest $22.7…
Aramco posts 19% drop in Q1 profit
Saudi Arabia oil gaint Aramco posted on Tuesday its first quarter’s earnings, reporting net income of $31.9 billion…
