Saudi Arabian Energy Minister stated that the Kingdom does not plan to impose an oil embargo akin to that of 1973 in response to predictions that it may cut its supply of crude for global markets by 500,000 barrel ...
Saudi Aramco plans to purchase a stake in a new refinery being built by Zhejiang Petrochemical, according to Aramco's senior vice president of downstream.
An upgrade to Saudi Aramco’s Yanbu South Terminal (YST) has added 3 million barrels per day (b/d) to the export capacity of the Red Sea facility.
OPEC has cut its 2019 global oil demand growth forecasts for the third straight month, citing trade disputes and volatile emerging markets, particularly in key consuming countries.
Saudi Arabia is preparing to export an additional 4 million barrels of crude to India in November.
Saudi Aramco and the Bahrain Petroleum Company (BAPCO) have commissioned the AB-4 pipeline, a new phase of the Saudi-Bahrain crude oil pipeline.
Total and Saudi Aramco signed an agreement on October 8 for engineering studies on the construction of a petrochemicals complex at the Jubail Satorp refinery worth $5 billion.
Saudi Aramco's initial public offering (IPO) will take place by 2021, Crown Prince Mohammed bin Salman has said.
The number of oil traders betting on $100-per-barrel WTI by 2019 has surged in the past week.
A fire at a petrochemical plant owned by the Saudi National Petrochemical Industrial Company (NATPET) in the Yanbu province on the Red Sea has killed one worker and injured 11 more.
