Aramco has reportedly started the preparation process for the international leg of its listing, which most expected to be years away. According to unnamed sources that spoke to Bloomberg, the Continue Reading
Saudi Arabia is pushing to make a substantial cut in oil production when Opec and its allies meet next week, as global energy producers scramble to respond to the coronavirus Continue Reading
A total of 14 Saudi companies in the energy sector booked hefty losses last year, Middle East Monitor reported on Wednesday, quoting analysts who had spoken to local media. One Continue Reading
Saudi Aramco is launching the biggest shale gas development outside of the United States to boost domestic gas supply and end the burning of oil at its power generation plants, Continue Reading
Dubai — Saudi Arabia is unlikely to start exporting gas despite plans to invest $110 billion to develop its biggest unconventional gas field, although the asset could help wean the Continue Reading
Saudis Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, said on Tuesday that OPEC+ countries should not be complacent about the coronavirus. “Everything serious requires attendance,” he told reporters on Continue Reading
Aramco plans to develop Jafurah, Saudi Arabia’s largest unconventional and non-associated gas field that contains an estimated 200 trillion cubic feet of raw gas and whose production can be used Continue Reading
Saudi Arabia remains committed to the OPEC+ alliance with Russia and other key oil producers, the kingdom’s energy minister said Friday, rejecting a report that it was considering a pause Continue Reading
The Houthi rebels in Yemen launched a missile attack on Saudi Arabia early this morning but the missiles were intercepted by the Saudi defense system, Reuters reported , citing a Continue Reading
Saudi Arabia, the world’s largest crude exporter, maintained its exports at close to a year-high of 9.373 million b/d in December as the kingdom dipped into its crude stockpiles, data Continue Reading
