Company Insights Saudi Aramco Oil & Gas Saudi Aramco News Oil & Gas Trump hails Saudi Arabia at investment event in Miami Donald Trump’s speech on the opening day of a Saudi-backed investor summit in Miami once again highlighted the close relationship the US president is nurturing with the world’s second-largest oil producer. Calling Saudi Arabia a “special place with special leaders”, Trump individually greeted Yasir Al-Rumayyan, governor of the state-owned Public Investment Fund (PIF), and Mohammed […] February 20, 2025 Energy Saudi Aramco re-enters Philippines after 17 years Saudi Aramco, which trades on the Saudi Exchange (Tadawul), will acquire a 25 percent stake in the third-largest petroleum company in the Philippines, as part of a retail network-building strategy, the company said in a statement. The Saudi major’s proposed purchase of the stake in Unioil is subject to regulatory approvals, the company said. The […] February 20, 2025 Opinion Oil & Gas Trump’s maximum pressure will squeeze Iran’s oil exports It’s becoming increasingly difficult for Iranian oil sellers to secure tankers and it may get even harder February 17, 2025 Tech Deals worth $15bn on day one of Saudi Leap tech event Investment deals worth almost $15 billion have been announced on the first day of the Leap 25 tech event in Riyadh. The Saudi communications ministry said that deals signed on day one of the four-day event, which ends on Wednesday, totalled $14.9 billion. The deals included plans for a manufacturing plant in the Saudi capital […] February 10, 2025 Oil & Gas Aramco raises prices as demand from Asia grows Saudi Aramco, the world’s leading oil exporter, has sharply increased crude prices for March shipments to buyers in Asia. Demand from China and India is rising as US sanctions disrupt Russian supply. Aramco raised the official selling price for flagship Arab Light crude by $2.40 to $3.90 per barrel above the Oman/Dubai benchmark average, Saudi […] February 6, 2025 Renewable Energy Abu Dhabi’s NMDC Energy to invest in wind power Abu Dhabi’s NMDC Energy, an engineering, procurement and construction contractor for energy projects, is hoping to expand its renewable energy business in South East Asia and Europe. Ahmed Al Dhaheri, NMDC Energy’s CEO, told AGBI that wind will account for as much as 20 percent of the company’s revenues in the next few years, with […] February 5, 2025 Oil & Gas Oil slips after Trump calls on Opec to lower prices Oil prices were down on Friday after US President Donald Trump drew a direct link between persistently high inflation and global oil prices during video remarks before the World Economic Forum in Davos, Switzerland. Trump said he intends to address the problem by boosting domestic production and by asking “Saudi Arabia and Opec to bring […] January 24, 2025 Oil & Gas Saudi Aramco buys first cargo of US crude Saudi Arabia’s state oil company Aramco bought its first cargo of WTI Midland, a US crude oil grade that underpins the global Brent benchmark, oil-index publisher S&P Global Commodity Insights said on Wednesday. Aramco, the world’s largest oil company, snapped up the cargo on Tuesday in the so-called Platts trading window, buying from trading firm Gunvor. Platts […] January 23, 2025 Oil & Gas Aramco chief expects extra oil demand of 1.3m bpd Saudi oil giant Aramco’s chief executive Amin Nasser said on Tuesday he sees the oil market as healthy and expects an additional 1.3 million barrels per day of demand this year. Speaking to Reuters on the sidelines of the World Economic Forum in Davos, Nasser was responding to a question on the impact of US President Donald Trump’s energy […] January 21, 2025 Mining Aramco-Ma’aden JV to mine lithium in Saudi Arabia Saudi Aramco and Ma’aden, two listed companies on the Saudi bourse, will launch a joint venture for minerals exploration and mining in the kingdom. The proposed venture will focus on energy transition minerals, which includes lithium extraction from high-concentration deposits and use of cost-effective direct lithium extraction technologies. “This proposed JV would enable us to accelerate […] January 16, 2025 Posts navigation Previous 1 … 12 13 14 … 57 Next
Oil & Gas Trump hails Saudi Arabia at investment event in Miami Donald Trump’s speech on the opening day of a Saudi-backed investor summit in Miami once again highlighted the close relationship the US president is nurturing with the world’s second-largest oil producer. Calling Saudi Arabia a “special place with special leaders”, Trump individually greeted Yasir Al-Rumayyan, governor of the state-owned Public Investment Fund (PIF), and Mohammed […] February 20, 2025
Energy Saudi Aramco re-enters Philippines after 17 years Saudi Aramco, which trades on the Saudi Exchange (Tadawul), will acquire a 25 percent stake in the third-largest petroleum company in the Philippines, as part of a retail network-building strategy, the company said in a statement. The Saudi major’s proposed purchase of the stake in Unioil is subject to regulatory approvals, the company said. The […] February 20, 2025
Opinion Oil & Gas Trump’s maximum pressure will squeeze Iran’s oil exports It’s becoming increasingly difficult for Iranian oil sellers to secure tankers and it may get even harder February 17, 2025
Tech Deals worth $15bn on day one of Saudi Leap tech event Investment deals worth almost $15 billion have been announced on the first day of the Leap 25 tech event in Riyadh. The Saudi communications ministry said that deals signed on day one of the four-day event, which ends on Wednesday, totalled $14.9 billion. The deals included plans for a manufacturing plant in the Saudi capital […] February 10, 2025
Oil & Gas Aramco raises prices as demand from Asia grows Saudi Aramco, the world’s leading oil exporter, has sharply increased crude prices for March shipments to buyers in Asia. Demand from China and India is rising as US sanctions disrupt Russian supply. Aramco raised the official selling price for flagship Arab Light crude by $2.40 to $3.90 per barrel above the Oman/Dubai benchmark average, Saudi […] February 6, 2025
Renewable Energy Abu Dhabi’s NMDC Energy to invest in wind power Abu Dhabi’s NMDC Energy, an engineering, procurement and construction contractor for energy projects, is hoping to expand its renewable energy business in South East Asia and Europe. Ahmed Al Dhaheri, NMDC Energy’s CEO, told AGBI that wind will account for as much as 20 percent of the company’s revenues in the next few years, with […] February 5, 2025
Oil & Gas Oil slips after Trump calls on Opec to lower prices Oil prices were down on Friday after US President Donald Trump drew a direct link between persistently high inflation and global oil prices during video remarks before the World Economic Forum in Davos, Switzerland. Trump said he intends to address the problem by boosting domestic production and by asking “Saudi Arabia and Opec to bring […] January 24, 2025
Oil & Gas Saudi Aramco buys first cargo of US crude Saudi Arabia’s state oil company Aramco bought its first cargo of WTI Midland, a US crude oil grade that underpins the global Brent benchmark, oil-index publisher S&P Global Commodity Insights said on Wednesday. Aramco, the world’s largest oil company, snapped up the cargo on Tuesday in the so-called Platts trading window, buying from trading firm Gunvor. Platts […] January 23, 2025
Oil & Gas Aramco chief expects extra oil demand of 1.3m bpd Saudi oil giant Aramco’s chief executive Amin Nasser said on Tuesday he sees the oil market as healthy and expects an additional 1.3 million barrels per day of demand this year. Speaking to Reuters on the sidelines of the World Economic Forum in Davos, Nasser was responding to a question on the impact of US President Donald Trump’s energy […] January 21, 2025
Mining Aramco-Ma’aden JV to mine lithium in Saudi Arabia Saudi Aramco and Ma’aden, two listed companies on the Saudi bourse, will launch a joint venture for minerals exploration and mining in the kingdom. The proposed venture will focus on energy transition minerals, which includes lithium extraction from high-concentration deposits and use of cost-effective direct lithium extraction technologies. “This proposed JV would enable us to accelerate […] January 16, 2025
