Oil demand to increase in 2021: Aramco CEO
He expects demand to grow as governments and authorities around the world reopen economies...
Tag : Aramco
Aramco delays mega petro projects to save cash and preserve dividends
Reportedly, Aramco is putting its plan to construct a $20 billion crude-to-chemicals plant at Yanbu on hold...
Aramco discovers two new oil fields in northern parts of the kingdom
The oil fields have been discovered in Northern region of Abraq Al Toloul and Al Jof...
Aramco to go ahead with plans to boost output capacity to 13 mn bpd: CEO
Aramco will go ahead with the plan despite a significant cut in capital expenditure...
SABIC to develop world’s first renewable energy powered chemical plant
The plant will be built in Cartegena, Spain...
Aramco to reorganise downstream business to support its global growth
Aramco will expand its downstream business globally...
Aramco acquires 70% stake in SABIC for $69.1 bn
The payments will be funded in part by four bonds issued by Aramco to the PIF...
Aramco to review SABIC’s price after 40% drop in its value
Last year, Aramco agreed to buy a 70% stake in Saudi Basic Industries Corp (SABIC)...
Aramco slashes oil prices in Asia despite historic deal
Aramco slashed its selling price for Asian buyers by $4.20 per barrel...
Aramco mulls selling pipeline stake to raise cash
Aramco needs cash to deal with the slump in oil prices and the coronavirus pandemic...