A rise in spending would expose the Saudi budget if there was an unexpected drop in oil prices.
Read More »Saudi Arabia will Borrow $12 Billion after Aramco IPO Stalls
Almost 16 banks are expected to participate in the lending process. with the lead banks to be selected later Thursday.
Read More »Saudi Arabia `Fully Committed` to Aramco IPO
To prepare for the listing of Saudi Aramco. the government has undertaken a number of major preparatory measures.
Read More »Saudi Energy Minister Denies Aramco IPO will be Called off
The government remains committed to the IPO of Saudi Aramco at a time of its own choosing when conditions are optimum.
Read More »Saudi Arabia to Build Oil Port in Yemen
Earlier this month. Yemen was said to have resumed oil exports.
Read More »Saudi Arabia Cooperation with Tesla. Preparation for Post-Oil Economy
If the deal goes ahead. it is going to be just one step along the much longer journey for Saudi Arabia.
Read More »Aramco to Invest To Meet Future Oil Demand
Saudi Aramco is committed to playing its unique part in meeting the world’s energy needs today and tomorrow.
Read More »Saudi Aramco has A Key Role in Global Energy Supply
Last year. Saudi Aramco reinforced its premier upstream oil and gas position.
Read More »Saudi Aramco`s Crude Production in 2017 Fell from Annual Record
Saudi Aramco is moving steadily to build a world leading position in the downstream segment of the business.
Read More »Aramco Committed to Meeting Future Oil Demand
The world’s top oil exporter is boosting its output of the natural gas.
Read More »