National oil giant Saudi Aramco expects soon to sign a Memorandum of Understanding (MoU) with Saudi Basic Industries for a joint oil-to-chemicals project.
Saudi Aramco is raising output levels to capture more customers as it pushes ahead with Initial Public Offerings (IPOs). According to the CEO, the proposals for the partial privatization will be presented "soon" to t ...
Saudi Arabia will provide Egypt with 700,000 tons of petroleum products a month under a $23b deal over five years signed between Saudi Aramco and the Egyptian General Petroleum Corporation (EGPC), an EGPC official said.
Saudi Arabia’s sovereign wealth fund could receive $106b in cash from the sale to the public of a 5% stake in oil giant Aramco’s parent company, according to the Sovereign Wealth Fund Institute.
The world’s biggest oil exporter, Saudi Aramco, will not cancel any oil, gas or refining projects, company’s CEO Amin Nasser told press. In addition, Aramco is studying a possible expansion of the country’s largest o ...
Kuwait's Emir, Sheikh Sabah al-Ahmed al-Sabah, announced that stalled operations and exports from oil fields run jointly with Saudi Arabia would resume soon.
Saudi Arabia’s oil production levels will be far more significant to the global economy than Aramco's plans for the initial public offerings (IPOs) selling shares in its upstream and downstream facilities, according ...
Saudi Aramco's publicized plans to sell its shares on the open market are expected to target the downstream sector exclusively, according to initial announcements.