Saudi Arabia has granted exploration licences to two companies as it looks to utilise an estimated SR9.3tn ($2.5tn) bed of ...
Saudi Arabia, the world's top oil exporter, on Friday lowered crude oil prices for Asian buyers in April for the first time ...
Project is part of Aramco's coveted long term agreement framework, which has offered EPCI contracts worth $2 billion to $3 ...
Saudi Arabia’s state-owned oil giant reported a $106.25 billion profit in 2024, down 12% from the prior year as the lower ...
Siemens Energy has been awarded a $1.6-billion project to provide technology for two gas-fired power plants in Saudi Arabia, ...
A Baltimore biotech community builder is adding a branch in Saudi Arabia to connect technology ecosystems around the world.
The Associated Press on MSN15d
Low energy prices sting Aramco profits and squeeze Saudi development plansSaudi Arabia’s state-owned oil giant Aramco reported a $106.25 billion profit in 2024 on Tuesday, down 12% from the prior year as lower energy prices now squeeze the kingdom’s multi-trillion-dollar ...
Saudi Aramco has reduced its crude oil prices for Asian buyers, its first cut in three months, to maintain competitiveness amidst OPEC+ production increases and shifting global supply dynamics.
The result is a blow to Riyadh, which is attempting a major economic overhaul meant to rapidly reduce the kingdom's reliance on oil.
Saudi Arabia, the world’s top oil exporter ... Read-Oil set for biggest weekly drop since October on tariff uncertainty State oil company Saudi Aramco lowered the April official selling price ...
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