Company Insights Saudi Aramco Oil & Gas Saudi Aramco News Oil & Gas Aramco cuts Asia oil prices to four-month low Saudi Arabia, the world’s top oil exporter, has slashed crude oil prices for Asian buyers in May to their lowest in four months. This follows a recent shock decision by the Opec+ oil group to speed up oil output hikes. State oil company Saudi Aramco cut the May official selling price (OSP) for flagship Arab […] April 7, 2025 Oil & Gas Oil prices plummet as trade war raises fears of recession Oil prices continued to drop on Monday as fears of a global trade war intensified and major producers issued bearish signals. Saudi Arabia cut its crude prices to Asia and Opec+ advanced plans to increase output. Brent crude futures fell $2.28, or 3.5 percent, to $63.30 a barrel on Monday. US West Texas Intermediate (WTI) […] April 7, 2025 Opinion Business of Sport Gulf nations gain ground in sport soft power ranking The Gulf's three big spenders all appear on the soft power list, but might well wish they were higher April 4, 2025 Oil & Gas Aramco to use Japanese drone startup to inspect facilities Saudi Aramco has entered into an agreement with Japanese startup Terra Drone to inspect its oil and gas facilities using drones, robotics and artificial intelligence (AI). The memorandum of understanding will advance drone technologies to enhance safety and operational efficiency in the energy sector, Terra Drone said in a statement. In 2023, Terra Drone received […] April 3, 2025 Oil & Gas Aramco holds LPG prices steady for April Oil producer Saudi Aramco kept April official selling prices (OSPs) for liquefied petroleum gas (LPG) unchanged from March, while Algeria’s Sonatrach cut its OSPs by 2-7 percent due to weaker demand in the Mediterranean, traders said on Monday. Aramco’s April OSP for propane was stable at $615 per metric tonne, while butane was $605 per tonne, […] April 1, 2025 Opinion Oil & Gas Data is the new oil – and the oil industry agrees Saudi Arabia and the UAE are both pouring billions into AI initiatives under their broader economic visions March 31, 2025 Oil & Gas Saudi Arabia may cut May oil prices for Asia to three-month low Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the steep declines in benchmark prices this month, traders said. The May official selling price (OSP) for flagship Arab Light crude may decline by $1.80 to $2 a barrel from April, four Asian refining sources […] March 28, 2025 Oil & Gas Saudi Aramco considering investment in Indian refineries Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable outlet for its crude in the world’s fastest-growing emerging market, several Indian sources with direct knowledge of the matter said. India, the world’s third-biggest oil consumer and importer, wants to become a […] March 27, 2025 Renewable Energy Aramco buys 50% of local blue hydrogen producer Saudi Aramco has purchased a 50 percent stake in a low-carbon hydrogen production plant in Jubail, a city on the Gulf, owned by a unit of the Saudi Arabia-based company Air Products Qudra (APQ). The stake buyout will enable Blue Hydrogen Industrial Gases Company (BHIG), a wholly owned subsidiary of APQ, to provide blue hydrogen […] March 26, 2025 Analysis Banking & Finance Riyadh’s financial ambitions bump up against hard reality Saudi Arabia wants to emulate London or Hong Kong in the international money markets and become a global financial centre, Saudi investment minister Khalid Al-Falih said at a capital markets conference in Riyadh in February. “We need to channel global capital,” he said. “We want to become a regional financial hub.” But judging by the […] March 26, 2025 Posts navigation Previous 1 2 3 4 … 52 Next
Oil & Gas Aramco cuts Asia oil prices to four-month low Saudi Arabia, the world’s top oil exporter, has slashed crude oil prices for Asian buyers in May to their lowest in four months. This follows a recent shock decision by the Opec+ oil group to speed up oil output hikes. State oil company Saudi Aramco cut the May official selling price (OSP) for flagship Arab […] April 7, 2025
Oil & Gas Oil prices plummet as trade war raises fears of recession Oil prices continued to drop on Monday as fears of a global trade war intensified and major producers issued bearish signals. Saudi Arabia cut its crude prices to Asia and Opec+ advanced plans to increase output. Brent crude futures fell $2.28, or 3.5 percent, to $63.30 a barrel on Monday. US West Texas Intermediate (WTI) […] April 7, 2025
Opinion Business of Sport Gulf nations gain ground in sport soft power ranking The Gulf's three big spenders all appear on the soft power list, but might well wish they were higher April 4, 2025
Oil & Gas Aramco to use Japanese drone startup to inspect facilities Saudi Aramco has entered into an agreement with Japanese startup Terra Drone to inspect its oil and gas facilities using drones, robotics and artificial intelligence (AI). The memorandum of understanding will advance drone technologies to enhance safety and operational efficiency in the energy sector, Terra Drone said in a statement. In 2023, Terra Drone received […] April 3, 2025
Oil & Gas Aramco holds LPG prices steady for April Oil producer Saudi Aramco kept April official selling prices (OSPs) for liquefied petroleum gas (LPG) unchanged from March, while Algeria’s Sonatrach cut its OSPs by 2-7 percent due to weaker demand in the Mediterranean, traders said on Monday. Aramco’s April OSP for propane was stable at $615 per metric tonne, while butane was $605 per tonne, […] April 1, 2025
Opinion Oil & Gas Data is the new oil – and the oil industry agrees Saudi Arabia and the UAE are both pouring billions into AI initiatives under their broader economic visions March 31, 2025
Oil & Gas Saudi Arabia may cut May oil prices for Asia to three-month low Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the steep declines in benchmark prices this month, traders said. The May official selling price (OSP) for flagship Arab Light crude may decline by $1.80 to $2 a barrel from April, four Asian refining sources […] March 28, 2025
Oil & Gas Saudi Aramco considering investment in Indian refineries Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable outlet for its crude in the world’s fastest-growing emerging market, several Indian sources with direct knowledge of the matter said. India, the world’s third-biggest oil consumer and importer, wants to become a […] March 27, 2025
Renewable Energy Aramco buys 50% of local blue hydrogen producer Saudi Aramco has purchased a 50 percent stake in a low-carbon hydrogen production plant in Jubail, a city on the Gulf, owned by a unit of the Saudi Arabia-based company Air Products Qudra (APQ). The stake buyout will enable Blue Hydrogen Industrial Gases Company (BHIG), a wholly owned subsidiary of APQ, to provide blue hydrogen […] March 26, 2025
Analysis Banking & Finance Riyadh’s financial ambitions bump up against hard reality Saudi Arabia wants to emulate London or Hong Kong in the international money markets and become a global financial centre, Saudi investment minister Khalid Al-Falih said at a capital markets conference in Riyadh in February. “We need to channel global capital,” he said. “We want to become a regional financial hub.” But judging by the […] March 26, 2025
