Company Insights Saudi Aramco Oil & Gas Latest Saudi Aramco DevelopmentsAI Insights Saudi Aramco completed a USD 5 billion bond sale in May 2025, issuing bonds in three tranches. This issue occurred amid declining oil prices but indicated significant market interest in the company's debt instruments.4 The company engaged in the debt markets when it raised USD 5 billion from bonds. A new prospectus for Islamic bonds suggested a forthcoming issuance. The activity aligns with Saudi Arabia's broader strategy of handling budget deficits and rebalancing its economy.5 Aramco is set to ship approximately 47 million barrels of crude oil to China in July 2025. This marks a reduction of one million barrels compared to the quantity allocated in June. The allocation for state refiners such as Sinopec and PetroChina increased while independent refiners received less crude.1 The company reduced the official selling price for its flagship Arab light crude to buyers in Asia for July 2025. The price adjustment placed the barrel at USD 1.20 above the Oman-Dubai average, a decline of 20 cents from June.2 It faced delays in finalising a USD 5 billion oil-backed loan with Nigeria following a fall in oil prices. This price drop extended discussions and caused concerns among banks expected to support the agreement.3 Saudi Aramco Overview Saudi Aramco is the majority state-owned energy company of Saudi Arabia. One of the top five largest companies by revenue in the world, the petroleum and natural gas company was founded in 1933 as California-Arabian Standard Oil. The company’s shares began trading on the Tadawul stock exchange in 2019, when it raised US$25.6 billion, the world’s largest IPO. Aramco’s headquarters are in Dhahran in Saudi Arabia’s eastern province. It runs more than one hundred oil and gas fields in Saudi Arabia, including more than 288 trillion standard cubic feet of natural gas reserves. It produces the most oil in the world – more than 12 million barrels of oil equivalent per day. Its Master Gas System, an extensive network of pipelines that connects key gas production and processing sites, is one of the world’s largest hydrocarbon networks. Aramco’s global operations cover exploration, production, refining, chemicals, distribution and marketing, all of which are monitored by the Saudi Arabian Ministry of Petroleum and Mineral Resources and the Supreme Council for Petroleum and Minerals. Subsidiaries include Sabic, Petro Rabigh, Satorp, Aramco Trading, Yanbu, Yasref, S-Oil and Wa’ed Ventures. Saudi Aramco says it is committed to sustainability and is playing a part in the energy transition by developing hydrogen and carbon capture technologies. It is also investing more in climate tech, AI, quantum computing and other Saudi Arabian tech startups. Saudi Aramco News Oil & Gas Egypt signs LNG supply deals with global companies Egypt has reportedly signed contracts to purchase additional liquefied natural gas (LNG) from global energy companies to meet peak summer electricity demand and falling domestic production. The deals were signed with state-owned Saudi Aramco, Singapore’s Trafigura Group and Switzerland’s Vitol Group, Bloomberg news agency reported, citing informed sources. The state-run Egyptian Natural Gas Holding Company has also […] June 13, 2025 Opinion Economy How GCC investors should prepare for the coming US recession The troubled US housing market signals a clear warning for the global economy June 12, 2025 Analysis Construction Slowdown looms for Saudi construction as PIF cuts contracts The number of construction contracts issued by the Saudi government and the Public Investment Fund (PIF) has fallen drastically amid a decline in oil revenues and a realignment of large-scale infrastructure projects. The drop indicates a slowdown in the Saudi construction sector, previously one of the most vibrant in the world. Last year it accounted […] June 12, 2025 Analysis Manufacturing Cement’s mixed results reflect Saudi outlook In some respects, Saudi cement producers, important constituents of the Tadawul stock exchange and bellwethers of the national economy, have never had it so good. The kingdom has an array of giga-projects underway and is preparing to host a series of high profile international events, from the World Expo in Riyadh in 2030 to the […] June 12, 2025 Analysis Banking and Finance Why government-related debt is worth a punt Debt sales by government-related entities (GRE) in the Gulf, such as Saudi Electricity Co and Abu Dhabi’s Mubadala Investment Co, offer better investor value than their sovereigns, experts say. Gulf foreign currency sales of conventional and sukuk (sharia-compliant bonds) rose 9 percent to $72.4 billion in the five months to May 31, compared with the […] June 11, 2025 Trade Nigeria’s $5bn Aramco loan delayed by oil price drop Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan after a recent decline in crude prices sparked concern among banks that were expected to back the deal, four sources told Reuters. The facility would be Nigeria’s largest oil-backed loan to date and Saudi Arabia’s first participation […] June 10, 2025 Oil & Gas Aramco crude supply to China to dip in July Saudi Arabia’s crude oil supply to China is set to dip slightly in July, trade sources said on Tuesday. However, supply will remain strong for a third straight month as the kingdom regains its market share supplying the world’s top crude importer. State oil company Saudi Aramco will ship about 47 million barrels to China […] June 10, 2025 Opinion Markets Looming ‘5 on 10’ crunch will concentrate minds in the Gulf The yield on 10-year US Treasury bills is creeping up towards 5% June 9, 2025 Economy Growth for Saudi Arabia, but challenges emerge Saudi Arabia raised its economic growth estimate for the first quarter, driven by expansion in the non-oil sector. The General Authority for Statistics (Gastat) said on Monday that real GDP grew by 3.4 percent in the three months to March 31, compared with the same period last year. That also compared with its earlier estimate of […] June 9, 2025 Oil & Gas Saudi Arabia lowers July oil prices for Asia Saudi Arabia, the world’s biggest oil exporter, on Wednesday lowered its July prices for Asian buyers after Opec+ hiked output for a fourth month. However, the price cut was smaller than expected. Saudi Aramco, the country’s state oil company, cut the official selling price for the flagship Arab light crude it sells to Asia for […] June 5, 2025 Posts navigation 1 2 … 56 Next
Oil & Gas Egypt signs LNG supply deals with global companies Egypt has reportedly signed contracts to purchase additional liquefied natural gas (LNG) from global energy companies to meet peak summer electricity demand and falling domestic production. The deals were signed with state-owned Saudi Aramco, Singapore’s Trafigura Group and Switzerland’s Vitol Group, Bloomberg news agency reported, citing informed sources. The state-run Egyptian Natural Gas Holding Company has also […] June 13, 2025
Opinion Economy How GCC investors should prepare for the coming US recession The troubled US housing market signals a clear warning for the global economy June 12, 2025
Analysis Construction Slowdown looms for Saudi construction as PIF cuts contracts The number of construction contracts issued by the Saudi government and the Public Investment Fund (PIF) has fallen drastically amid a decline in oil revenues and a realignment of large-scale infrastructure projects. The drop indicates a slowdown in the Saudi construction sector, previously one of the most vibrant in the world. Last year it accounted […] June 12, 2025
Analysis Manufacturing Cement’s mixed results reflect Saudi outlook In some respects, Saudi cement producers, important constituents of the Tadawul stock exchange and bellwethers of the national economy, have never had it so good. The kingdom has an array of giga-projects underway and is preparing to host a series of high profile international events, from the World Expo in Riyadh in 2030 to the […] June 12, 2025
Analysis Banking and Finance Why government-related debt is worth a punt Debt sales by government-related entities (GRE) in the Gulf, such as Saudi Electricity Co and Abu Dhabi’s Mubadala Investment Co, offer better investor value than their sovereigns, experts say. Gulf foreign currency sales of conventional and sukuk (sharia-compliant bonds) rose 9 percent to $72.4 billion in the five months to May 31, compared with the […] June 11, 2025
Trade Nigeria’s $5bn Aramco loan delayed by oil price drop Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan after a recent decline in crude prices sparked concern among banks that were expected to back the deal, four sources told Reuters. The facility would be Nigeria’s largest oil-backed loan to date and Saudi Arabia’s first participation […] June 10, 2025
Oil & Gas Aramco crude supply to China to dip in July Saudi Arabia’s crude oil supply to China is set to dip slightly in July, trade sources said on Tuesday. However, supply will remain strong for a third straight month as the kingdom regains its market share supplying the world’s top crude importer. State oil company Saudi Aramco will ship about 47 million barrels to China […] June 10, 2025
Opinion Markets Looming ‘5 on 10’ crunch will concentrate minds in the Gulf The yield on 10-year US Treasury bills is creeping up towards 5% June 9, 2025
Economy Growth for Saudi Arabia, but challenges emerge Saudi Arabia raised its economic growth estimate for the first quarter, driven by expansion in the non-oil sector. The General Authority for Statistics (Gastat) said on Monday that real GDP grew by 3.4 percent in the three months to March 31, compared with the same period last year. That also compared with its earlier estimate of […] June 9, 2025
Oil & Gas Saudi Arabia lowers July oil prices for Asia Saudi Arabia, the world’s biggest oil exporter, on Wednesday lowered its July prices for Asian buyers after Opec+ hiked output for a fourth month. However, the price cut was smaller than expected. Saudi Aramco, the country’s state oil company, cut the official selling price for the flagship Arab light crude it sells to Asia for […] June 5, 2025
