Saudi Aramco received the approval of the Saudi government to set up two new companies that will develop and operate a new Energy Industrial City in Saudi Arabia, as the Continue Reading
The world is heading for an oil-supply shortage that booming U.S. shale production can’t prevent, the chief executive of Saudi Arabia’s state oil company said Monday. Amin Nasser, the chief Continue Reading
The world’s most valuable company is not Apple, Google, or Amazon. It’s an oil company, and it’s about to go public. Saudi Aramco, the Saudi Arabian state energy goliath, is Continue Reading
The four Arab states that are leading the boycott against Qatar vowed on Friday to take new measures against their tiny gas-rich neighbor after Doha rejected in full the list Continue Reading
The U.S. military said it was pressing Persian Gulf countries to resolve lingering issues with Qatar, an issue that presents risks to the energy sector. Saudi Arabia in June led Continue Reading
Saudi Aramco said on Thursday its recoverable crude oil and condensate reserves slipped to 260.8 billion barrels at the end of 2016 from 261.1 billion a year earlier. Its gas Continue Reading
In an annual review, the Saudi Arabian Oil Co. said new wells drilling at a field near Riyadh could add another 300,000 barrels of oil per day by 2018. The Continue Reading
About the only joy Fossil Fuelers have been getting lately is the sweet satisfaction that the ‘Peak Oil’ crowd got it wrong. What the Fossil Fuelers may need to start Continue Reading
Saudi Arabia’s King Salman has appointed his son, Mohammed bin Salman, as crown prince, replacing his nephew, Mohammed bin Nayef, as first in line to the throne. WSJ’s Niki Blasina Continue Reading
Saudi Arabia’s gross domestic product fell in the first quarter of 2017 year-over-year, marking the first time the top oil exporter’s economy contracted after the 2014 oil price crash. Government Continue Reading
