News

Saudi Arabian state-owned oil giant Aramco has signed contract extension with ARO Drilling, its 50-50 joint venture with ...
Key executives of oil giant Saudi Aramco, the parent company of S-Oil, visited the Korean refiner's almost 70-percent ...
Although the company has paused plans for any further oil production capacity growth. After initially directing Aramco to boost its stated maximum maintainable capacity from 12 million barrels a day ...
NRG Buys 18 Natural-Gas Power Plants in Bet on Soaring Energy Demand The roughly $12 billion acquisition would double the company's generation capacity to about 25 gigawatts. Aramco Earnings Narrowly ...
Riyadh: Saudi oil giant Aramco expects oil demand to remain resilient this year and sees further upside if the US and China successfully resolve their trade dispute. Washington and Beijing agreed to ...
Saudi Arabian film industry pioneer Faisal Baltyuor has been appointed CEO of the Red Sea Foundation which oversees the ...
Together, the potential Opec+ hikes in May and June are likely to add up to 400,000 bpd to Aramco’s oil production ...
Humain is expected to be a “multibillion-dollar” venture. Specific numbers were not disclosed, but the Financial Times report ...
Saudi Arabia launched a new state-backed AI company ahead of President Donald’s Trump state visit to the Kingdom.
The US and China have agreed to lower tariffs on each other’s goods for 90 days to ease trade tensions. US tariffs on Chinese ...
MOSCOW, May 12. /TASS/. Global oil demand reached a record 104.3 mln barrels per day (bpd) in the Q1 of 2025, marking an increase of 1.7 mln bpd compared to the same period in 2024, President and CEO ...
Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and ...