Saudi Arabia signed 14 Memoranda of Understanding (MoUs) with China, including the landmark deal to build a high-temperature coolant gas nuclear reactor, on the first day of Chinese President Xi Jinping’s visit to Riy...
Saudi Aramco has confirmed that it was studying plans to issue Initial Public Offerings (IPOs) in a partial privatization bid of the world’s largest oil company, reported Reuters. A statement issued by the company sai...
Saudi’s state oil company, Aramco stated that Riyadh had the capacity and was better equipped to wait out current low oil prices compared to other oil producers, while projecting a more stable market in 2016, Re...
The Egyptian General Petroleum Corporation (EGPC) presented its monthly petroleum needs report to the Ministry of International Cooperation, Daily News Egypt informs. The report came as Egypt and Saudi Arabia were in ...
Saudi Arabia’s PetroRabigh will restart most operations at its refining and petrochemical complex on December 3rd, after a 50-day maintenance work, while high olefin cracker unit will remain offline until estima...
Saudi Aramco has opened a research and development (R&D) centre in the Detroit area of the US as part of company’s global fuels technology program, reported Trade Arabia. The Aramco Research Centre-Detroit, locate...
Saudi Aramco senior vice-president Amin al-Nasser has been named acting chief executive of the state oil giant until further notice, Aramco said on its website on Friday. Nasser has been serving as senior vice-preside...
State-owned oil giant Saudi Arabian Oil Co., known as Saudi Aramco, plans to invest $35 billion over the next five years in crude oil exploration and development in a bid to keep its oil production portfolio robust, t...
CGGVeritas announced that it has signed a Memorandum of Understanding (MOU) with Saudi Aramco for collaborative research and development of geophysical acquisition, processing, analysis and interpretation technologies...
Saudi Arabian Oil Co. raised differentials used to determine official selling prices for June shipments from Egypt’s Sidi Kerir port on the Mediterranean Sea, two people familiar with the pricing decision said. The st...