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Major Chinese Investors Could Buy Stake In Aramco
Major Chinese investors, including the sovereign wealth fund China Investment Corporation and Chinese national oil companies, are the ones looking to buy a stak…
Aramco Resumes Work on Offshore Oil Capacity Expansion
State-controlled Saudi Aramco has resumed development work on three offshore crude expansion projects that will provide an additional 1.15mn b/d of capacity by …
Siemens Energy Signs Long-Term Service Contract with Aramco
Siemens Energy has signed its first long-term service agreement (LTSA) with Aramco, covering a range of turbines and generators at four major oil fields.
The Hydrogen Stream: Siemens Targets $1.50/kg by 2025, BP and Saudi Aramco bet on Blue Hydrogen
The German company expects to roll out its in-house proton exchange membrane electrolysis technology to implement a gigawatt production of electrolyzers.
Aramco on Track to Raise Output Capacity to 13 million bpd, CEO Says
Amin Nasser remained optimistic about a broader recovery in the oil markets as vaccine rollout picks up pace
Aramco and SAP form Strategic Alliance to Progress Digital Transformation Journey
The agreement is in line with Aramco’s digital transformation journey, paving the way for further integration of new technologies in a rapidly evolving technol…
Aramco and Cognite Establish JV to Accelerate Industrial Digitalization
Aramco and Cognite will establish a new company that will focus on digitalization in Saudi Arabia and the broader Middle East and North Africa region.
OIL & GAS 50 2020 RANKING
Shell retains title of world’s most valuable oil & gas brand, brand value up 12% to US$47.5 billion.Saudi Aramco is new entrant in ranking taking second positi…
Oil & Gas Trade
CNOOC China Awards LNG Contract to Aramco Trading
China National Offshore Oil Corp has awarded a tender to buy liquefied natural gas from the trading arm of oil giant Saudi Aramco in Singapore through the Shang…
Oil & Gas Trade
Saudi Gas Production Jumps To Record
Saudi Arabia produced a record volume of natural gas earlier this year, the Kingdom’s state oil giant Aramco said in its Q3 results release on Tuesday.
Saudi Aramco Says Profit Fell 73 Percent as Demand for Oil Shrank
Saudi Aramco, the world’s largest oil company, said on Sunday that its quarterly earnings plunged more than 73 percent compared to a year ago, as lockdowns imp…
Aramco Aims to Boost Production Capacity to 13 Million Bpd
The world’s largest oil company is looking to raise its production capacity by an extra million barrels per day.
Saudi Aramco Still Aims for $15 Billion Investment in India’s Reliance
Saudi Aramco said it’s still working on a deal to buy a $15 billion stake in Reliance Industries Ltd.’s refining and chemicals business, even as lower oil pri…
Oil Rises on Saudi Aramco's Upbeat Demand View
Oil prices climbed on Monday, supported by Saudi optimism about Asian demand and an Iraqi pledge to deepen supply cuts, although uncertainty over a deal to shor…
Saudi Aramco Profit Collapses But Oil Giant Retains $75bn Dividend
State oil giant Saudi Aramco saw profit collapse nearly 75 per cent in the second quarter as the coronavirus pandemic decimated oil prices around the world.