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Saudi Aramco’s contribution to the Kingdom dropped by 30% in 2020

The world’s biggest oil producer, Saudi Aramco saw its payments to the Kingdom's government drop by 30 percent in 2020 as crude oil prices...

PIF-backed US startup Magic Leap in talks with Aramco for innovation...

US-based augmented reality startup Magic Leap CEO Peggy Johnson has stated that the company is in talks with the world’s largest oil-exporting company Saudi...

Saudi Aramco aims to expand its ties with China in energy...

Saudi Arabian multinational petroleum and natural gas company Saudi Aramco’s CEO, Amin Nasser has stated that the firm aims to “intensify and expand” its...

Saudi Arabia to transport LPG to South Korea and bring back...

Saudi Arabia is reportedly planning to ship gas to South Korea, to produce hydrogen and the carbon dioxide emitted during the process will be...

Aramco open to selling more shares as market improves: Chairman

According to the chairman of Saudi Arabia’s petroleum and natural gas company Aramco, the country will consider selling more shares in its state-run firm...

Aramco looks to extend $10bn loan by a year: Sources

The Saudi Arabian public petroleum and natural gas company, Aramco, has asked banks to extend a $10 billion loan it raised in May 2020...

CeraWeek 2021 to convene focusing on global energy transition

The world’s leading energy conference, CeraWeek will be held virtually this week bringing together the leading energy executives, ministers and policymakers to debate on...

US-based AGM, GIP among bidders for Aramco’s oil pipelines: Sources

American investment entities Apollo Global Management (AGM) and Global Infrastructure Partners (GIP) are among the suitors who bid for a roughly $10 billion stake...
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