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,…
Gulf states' central global location has made it the perfect transit hub for global travel, but with flights cancelled due to war, the industry is scrambling to fill the void
Washington and Tel Aviv may think the key to ending Iran's regime is to kill its missile bank and capabilities, but sometimes strategy matters more than hardware