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The IPO project was first announced in 2016 as the cornerstone of the Vision 2030 plan to modernise the Saudi economy.
Read More »Saudi Aramco Restarting Preparations for Mega IPO
Saudi Arabia may Cut August Crude Oil Prices to Asia
State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.
Read More »Saudi Aramco Claims Can Keep Oil Flowing If Hormuz Disrupted
Saudi Aramco operates a pipeline with a capacity of 5 million barrels a day .
Read More »Hyundai Motor. Aramco will Cooperate on Hydrogen
South Korean carmaker Hyundai Motor will partner Aramco on the ``comprehensive`` development of hydrogen energy.
Read More »Saudi Aramco will Host Its First Earnings Call
Aramco is a linchpin in the plan to overhaul the Saudi economy by developing new industries and bringing in foreign investors to fuel growth.
Read More »Russia Warns of $40 Oil Even as It Holds Out on OPEC Deal
Saudi Arabia and Russia. the two largest producers in the OPEC coalition. voiced concerns that falling oil demand could send prices below $40 bbl as they met in Moscow.
Read More »Oil Industry Banks On Shaky Plastic Bet
Even as oil demand is beginning to weaken this year due to a brewing economic slowdown. the oil industry faces a longer-term threat to oil demand as bans on plastic begin to multiply.
Read More »Growing Producer Consensus to Stabilize Market
The Kingdom is closely monitoring recent developments in the oil market.
Read More »Aramco Raises all July Asia-Bound Crude OSPs by 30-60 cents b from June
Saudi Aramco has raised the price differentials for all of its five crude oil grades loading in July and bound for Asia.
Read More »World’s Largest Oil Exporter Investment in US Shale Gas
This is a signal of Aramco’s intent to become a global gas player and develop a broad LNG portfolio.
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