Saudi Aramco Cuts Crude Oil Prices

The cuts in monthly pricing by state producer Saudi Aramco are the first indication of how the Saudis will respond to the break up...

Crude oil prices could plunge lower

Saudi Arabia has restored half of the crude product that was lost to devastating attacks on its oil industry, and the kingdom said output...

$1.5 trillion IPO up in smoke?

New security fears jeopardize Saudi Aramco’s public stock offering following the attack. last week Saudi Aramco CEO Amin Nasser told media, the company would list...

Half of Saudi Arabia’s oil industry got taken offline by 1 drone

Yemen’s Houthi group said it attacked two plants at the heart of Saudi Arabia’s oil industry on Saturday, Taking out more than...

Saudi Aramco said it is ready to go public…will wait for better market conditions

“We, in Saudi Aramco, have delivered strong and unmatched financial results, despite lower oil prices and volatile market conditions. This is really a testament to our resilience,” said al-Dabbagh, noting the talks are in the early stages.

Saudi Aramco sells first LNG as oil giant expands into gas

State-run Aramco seeks to become a “major player” in the gas industry and is looking for potential joint ventures and partnerships, Nasser said in...

Saudi Oil Company Makes More Than Apple and Exxon Combined

For the first time ever, Saudi Arabia on Monday unveiled the finances of Aramco, its national oil company, revealing that it brought in $111...

Saudi Aramco Plans to Invest $500 Billion over the next 10 years

Saudi Aramco aims to become a global refiner and chemical maker, seeking to profit from parts of the oil industry where demand is growing the fastest while also underpinning the kingdom’s economic diversification.