Saudi Aramco has announced that it will be pumping $110 billion over the next couple of years to develop the Jafurah gas field.
Read More »Aramco Passes Final EU Regulatory Hurdle in $69bn SABIC Deal
Saudi Aramco’s planned purchase of the region’s biggest petrochemical company comes as it targets downstream investments in a move away from relying on crude oil sales.
Read More »Saudi Aramco Gets EU’s Unconditional Approval for $69 bln SABIC Deal
In March 2019. Aramco announced the deal in a key move towards its diversification into refining and petrochemicals.
Read More »US Shale Oil Production Growth to Slow In 2020
Saudi Aramco CEO Amin Nasser described the project as the start of the kingdom'.s own shale gas revolution.
Read More »OPEC+ will Take Responsible Approach to Virus
Saudi Arabia supports the further oil production cut. but Russia is yet to announce its final position on the matter.
Read More »Saudi Arabia`s Jafurah Project to Make the Country a Gas Exporter
Saudi Aramco has already completed a number of gas processing projects.
Read More »Coronavirus Cuts China`s Oil Imports from Saudi Arabia
Saudi Arabia'.s oil giant Aramco is the latest entity to be hit by the effects of the fatal illness.
Read More »Asia’s Oil Demand Slump
The slowdown in China’s industrial activity is causing the worst shock to oil demand in over a decade.
Read More »Saudi Aramco Cuts Its Prices for Asia
Saudi Arabia’s state oil company has made deep cuts to the price of crude it sells to Asia.
Read More »Aramco-Like Mammoth IPO Proposed for India’s Biggest Insurer
The sale can fetch the government between 850 billion rupees to 900 billion rupees should the IPO get done this year.
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