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,…
Any disruption in the Hormuz has cascading knock-on effects that extend far beyond energy markets, impacting international trade. Al Majalla explores all this and more.
The current conflict is unlikely to go global for now, but the speed at which it has spread regionally is alarming. A look at history shows the geopolitical factors that led to world wars.