Saudi Arabia keeps pumping at near-record levels to defend sales in Asia, its biggest market, amid an increase in global supply. In addition, Saudi Aramco, the state-run oil giant, said that both its drilling and IPO ...
Technology major Siemens has delivered the first shipment of its locally produced gas turbines to the Integrated Gasification Combined Cycle (IGCC) power plant in Jazan, Saudi Arabia.
Saudi oil giant Aramco's CEO, Amin Nasser, stated that Aramco is still studying plans for clean fuels project in line with the country's Saudi Vision 2030 renewables program.
Royal Dutch Shell has asked Saudi Aramco for up to $2b as part of the breakup of their giant Motiva Enterprises refining joint venture (JV) in the United States.
Saudi Aramco announced its entry into the Baltic market after signing a contract with Poland's biggest refiner, PKN Orlen, for Aramco to supply PKN with 50,000bp/d starting in June.