Aramco will issue the prospectus for its initial public offering before this month’s end, the Wall Street Journal reported , citing people familiar with the preparations for the biggest IPO Continue Reading
Saudi Arabia’s crude production has returned to pre-attack levels of around 9.9 million b/d, and maximum sustained capacity of 12 million b/d could be restored earlier than the end of Continue Reading
Oil prices and output in Saudi Arabia may have recovered from the impacts of the September 14 attack on Saudi Aramco’s Abqaiq facility relatively quickly, but it opened up new Continue Reading
The September 14 drone strikes on Saudi Aramco’s Abqaiq refinery and Khurais oil field set off a flurry of writing about its impact on the global oil market. After all, Continue Reading
Fitch Ratings downgraded Saudi Aramco’s long-term issuer default rating (IDR) to A from A+ following the September 14 drone and missile attack on two key oil facilities that temporarily slashed Continue Reading
Saudi crown prince Mohammed bin Salman has been making headlines again these last few days. After giving an interview to CBS in which he admitted the mistakes of the Khashoggi Continue Reading
This year, the oil market has faced some of the worst supply disruptions in recent times and yet prices remain stuck in the $60s. OPEC ’s oil production tumbled the Continue Reading
Criticism of Crown Prince Mohammed bin Salman by some of the members of Saudi Arabia’s ruling family as well as other business elites is mounting following the attack on Saudi Continue Reading
Saudi Arabia’s wellhead crude production stands at 9.9 million b/d, with production capacity of 11.3 million b/d, the kingdom’s energy minister said Thursday. Following the attacks on Saudi Arabia’s Abqaiq crude Continue Reading
Some members of Saudi Arabia’s ruling family and business elite have expressed frustration with the leadership of Crown Prince Mohammed bin Salman following the largest-ever attack on the kingdom’s oil Continue Reading
