HOUSTON (Bloomberg) --Saudi Aramco has joined with European and U.S. supermajors representing a third of the world’s oil industry to begin curbing emissions at their own operations as the clamor…
NEW YORK (Bloomberg) --After posting its worst quarter on record, oil’s now headed for its best three months in 30 years as it bounces back from this year’s historic crash.…
DUBAI (Bloomberg) - The world’s biggest oil exporter is hitting the brakes in developing some of its crude and natural gas deposits, idling two offshore drilling rigs as the coronavirus…
Bahri, the shipping arm of Saudi Aramco, has suspended plans to charter a dozen tankers for liquefied natural gas (LNG) for a U.S. export project in which it is a…
Shares in Saudi oil giant Aramco have recovered to levels not seen since Saudi Arabia launched the oil price war in early March, becoming the first major oil firm to…
The company’s income dipped to $16.6 billion for Q1 2020 Saudi Aramco saw a 25% plunge in profit in the first quarter of 2020 to $16.6 billion (62.48 billion Saudi…
Aramco is considering staggering payments for the 70 percent in chemicals conglomerate Sabic that it said it would acquire last year. Bloomberg reports that the options the oil major was mulling over…
DUBAI — Saudi Aramco is looking to restructure its deal for a controlling stake in petrochemicals maker SABIC after the target’s value dropped more than 40% following an oil price…
Saudi Arabia moved to prop up a nascent recovery in energy markets by raising crude prices for its customers worldwide, triggering a rally in oil futures. State-owned Saudi Aramco increased…
LONDON (Bloomberg) –Saudi Arabia is set to sell about 600,000 barrels a day of crude to the U.S. in April, the highest volume in a year, according to a Saudi…