Move comes after renewed calls from US lawmakers for Saudi Arabia to lift its air and sea blockade UN data shows food imports through ports of Hodeidah and Saleef dropped Continue Reading
The Saudi-led coalition battling Houthi forces in Yemen said on Thursday it had intercepted and destroyed several explosive-laden drones aimed at Saudi Arabia, state TV reported. The coalition said the Continue Reading
A Saudi Aramco petroleum product distribution terminal in Jazan, near the border with Yemen, was hit by a projectile March 25, causing a fire in a storage tank, the Saudi Continue Reading
Last year, Saudi Arabia’s national oil company Saudi Aramco sent shockwaves through the natural gas markets after it announced that it was kicking off the biggest shale gas development outside Continue Reading
Saudi Aramco is in no hurry to expand its oil production capacity to 13 million bpd as it said it would last year just as the pandemic was beginning to Continue Reading
Saudi Arabia unveiled a proposal for a cease-fire aimed at disentangling itself from Yemen’s civil war, as rebel forces press an offensive and the Biden administration seeks to extricate the U.S. Continue Reading
Saudi Arabia has proposed a ceasefire deal to end the fighting in Yemen’s six-year conflict that would include Riyadh lifting its blockade on rebel-controlled ports in the war-torn country. The initiative Continue Reading
Saudi Aramco, the world’s largest oil company, reported a 44% reduction in revenues in 2020. These losses were largely caused by COVID-demand destruction and lower oil prices. Saudi Arabia’s national Continue Reading
Highlights Capacity gains to 13 mil b/d will be incremental Neutral Zone shared with Kuwait producing 120,000 b/d Aramco will ‘skip’ LNG, focus on developing hydrogen Dubai — Saudi Aramco Continue Reading
After the first oil price war launched by the Saudis against the then-nascent U.S. shale sector in 2014, Washington took the view that the Kingdom had broken the core 1945 Continue Reading
