To the east of Riyadh, on a giant campus employing advanced simulators, young Saudis are learning the mechanics of the wells and rigs of the oil and gas industry.
Despite Saudi Arabia’s state-owned oil giant Aramco reporting a 12% decrease of its net profits in 2024 due to lower energy prices, the company outperformed leading global oil and gas companies,…
Saudi Arabia heads into 2025 with recalibrated yet sharpened ambitions, enhanced credibility, and greater capacity to manage crises, not least those erupting on its doorstep.
Promising new discoveries, big new deals on gas, and a successful second public share offering is shaping one of the world's biggest companies to beat its own high expectations.
Saudi Aramco (2222.SE) said on Thursday it plans to invest in a $7 billion project to produce petrochemicals from crude oil at its South Korean affiliate S-Oil Corp's (010950.KS) refining complex in…
Saudi Aramco has kept the November official selling price (OSP) for its Arab Light grade for Asian customers unchanged from October, three sources with knowledge of the matter said on Thursday,…
In an interview with Al Majalla, the prominent French jurist discusses Israeli and Western duplicity, their violation of international law, and why Israel bears the cost of Gaza's reconstruction
Tehran's elite have few friends, but regional states fear the consequences of a disorderly transition. If Iran's 92 million people turn on one another, it could cause millions to flee abroad.
Going forward, the international community needs to reduce dependence on the US without upsetting the world's largest military and economic power. It will be a shaky tightrope to walk.
Scrapping foreign ownership caps and qualifying criteria will bring in more capital, with markets reacting positively to the latest reforms that build towards a more open country