Saudi Aramco hired two Singapore-based traders and began dealing in fuel at the Middle East’s main bunkering port as the world’s biggest oil exporter expands further into the trading business.
Saudi Arabia has said oil infrastructure sites belonging to the country's state-run oil company Aramco have been targeted and that at least one of the attacks was carried out by drone strikes.
Saudi Arabia is set to supply more crude to oil-starved Asian refiners, and extract a heavy price for it.
Saudi Aramco will buy Shell’s 50% share of the SASREF refinery joint venture in Jubail Industrial City, Saudi Arabia, for £485 million.
Saudi Aramco intends to snap up Shell’s 50% stake in the SASREF refining complex, a news report said.
Saudi Aramco is well known as the world’s top crude exporter. If all goes to plan, it may also become the biggest user of the fossil fuel.
Saudi Arabia took its first major step onto the global financial stage to fund the heady ambitions of its crown prince, issuing $12 billion of bonds for its state-run oil company in one of the most oversubscribed debt offerings in history.
Saudi Aramco, the world’s largest oil company, has received $85 billion in orders for its debut bond sale, an offering where yields may fall in line or below Saudi Arabia’s sovereign debt.
Saudi Aramco, the world’s largest oil company, has received $75 billion in orders for its debut bond sale, kickstarting an offering with yields likely to fall in line or below Saudi Arabia’s sovereign debt.
In a bond sale closely watched by investors globally, Saudi Aramco and its bankers are preparing to kick off what could be at least a $10 billion offering this week. Early indications suggest investors are already crowding in.
Saudi Aramco has signed a £52.2billion deal to acquire a majority stake in petrochemicals firm Sabic from the country’s sovereign wealth fund.
Saudi Arabia isn't buying the peak oil demand narrative.
Saudi Arabia published the first audit of its vast oil reserves since it nationalized its energy industry about 40 years ago, saying its reserves total 268.5 billion, slightly more than the 266.3 billion figure that the government published previously.
Former member of hacktivist group Anonymous, Mike ‘sting3r’ Jones discusses the recent Saipem cyber-attack and the immediate threat to Big Oil.
The choice facing Saudi Arabia at next week’s OPEC meeting is dramatic: cut oil production and enrage Donald Trump, or keep pumping and risk ultra-low prices blowing up its economy.
Saudi Aramco aims to become a global refiner and chemical maker, seeking to profit from parts of the oil industry where demand is growing the fastest while also underpinning the kingdom’s economic diversification.
A north-east oil and gas technology firm has opened two new offices in a bid to support demand for its pioneering, torpedo-esque data logging tool.
Offshore driller Rowan has sold two jack-up rigs to its Saudi Aramco joint venture in a deal worth £202million.
One of the biggest-ever mergers in the oil industry. The largest corporate bond sale on record. The most lucrative initial public offering in "human history." The timetable: two and a half years.
A fledgling Aberdeen-based oil field technology company has inked a three-year contract worth £535,000 with energy giant Saudi Aramco.
Saudi Arabia has granted its state-owned oil company a 40-year concession to exploit the kingdom’s hydrocarbon reserves as part of Aramco’s preparation for a potential initial public offering, a person familiar with the matter said.
When OPEC and Russia shook on increasing crude oil production by a million barrels daily to stop the oil price climb that had begun getting uncomfortable for consumers from Asia to the United States, there was no sign of what was to come just two months later: slowing demand in Asia, ample supply, and a brewing price war between Saudi Arabia and Iran.
Saudi Arabia has insisted it "remains committed" to a two trillion US dollar (£1.5 trillion) stock market listing of oil giant Saudi Aramco, despite reports suggesting it has been abandoned.
Middle Eastern energy and petrochemicals giant Saudi Aramco has backed a north-east developer of pioneering oil field technology.
Italian oil firm Saipem has announced more than £600 million in worldwide engineering and construction (E&C) contracts.