Company Insights Saudi Aramco Oil & Gas Saudi Aramco News Oil & Gas Saudi Aramco acquires 40% stake in Gas & Oil Pakistan Saudi Aramco will acquire a 40 percent equity stake in Gas & Oil Pakistan Ltd. (GO), a privately-owned fuels, lubricants and convenience stores operator, as part of its downstream expansion strategy. The acquisition mark’s the Saudi oil major’s entrance into the Pakistani retail fuels market. Aramco will now be able to secure new outlets for […] December 13, 2023 Industry Sabic CEO warns of ‘difficult’ 2024 for chemicals industry The chemicals industry will face another “difficult” year in 2024 as the global economic outlook remains weak, Saudi Basic Industries Corporation (Sabic) CEO Abdulrahman Al-Fageeh was quoted as saying. This was a bad year for the chemical industry, he told the Bloomberg news agency, adding that he was “uncertain on whether 2024 was going to […] December 12, 2023 Tech PIF bolsters investment in Alibaba-backed tech venture Saudi Arabia’s Public Investment Fund (PIF) will increase its investment in a technology venture backed by China’s Alibaba Group to $200 million, a news report said. Jada Fund of Funds, wholly owned by the PIF, is among several regional and Asian funds participating in eWTP Arabia’s upcoming $1 billion funding round, Bloomberg reported. The funding […] December 10, 2023 Oil & Gas Europe stands firm on fossil fuel phase-out deal at Cop28 The European Parliament is heading into the final days of negotiation at the Cop28 climate summit in Dubai with a clear mission to see the absolute end of fossil fuels. At a press conference on Friday, European Parliament member Peter Liese told journalists that the delegation is demanding the “tangible phase out of fossil fuels” […] December 8, 2023 Energy Al Jaber promises Cop28 is focused on ‘the science’ Dr Sultan Al Jaber defended his work as president of Cop28 on Monday, after criticism of remarks he made about climate science. “Everything this presidency has been working on, and continues to work on, is focused and centred around the science,” he told reporters in a press briefing at the UN summit. The Guardian newspaper […] December 4, 2023 Markets Saudi exchange-traded fund to list in Hong Kong Saudi Arabia’s exchange-traded fund (ETF) will be listed on the Hong Kong stock exchange tomorrow. Investors will be able to trade the constituent stocks of the Saudi stock market directly in the Hong Kong market through the ETF in Hong Kong dollars or renminbi, state-owned Xinhua news agency reported, citing Paul Chan, financial secretary of […] November 28, 2023 Real Estate PIF expects $1trn real estate spending over next decade Saudi Arabia’s Public Investment Fund (PIF) says it intends to invest SAR4 trillion ($1.1 trillion) in the real estate sector over the next 10 years, mainly developing 12 cities as part of the Saudi Downtown project. The Saudi Downtown Company was established in 2022 as a fully owned subsidiary of the PIF to develop city […] November 27, 2023 Video length: 06:55 Development Foreign investment flows to Saudi Arabia suffer drop Foreign direct investment to Saudi Arabia in the second quarter of 2023 stood at SAR6.2 billion ($1.65 billion), 21 percent down from the previous year and at a three-year low, a report said this week. The figures, published by Saudi business news site Argaam and based on ministry of investment data, showed investment down from […] November 22, 2023 Oil & Gas Saudi Arabia finds natural gas fields in east and south Saudi Aramco has discovered natural gas fields in the south and east of the country, the state news agency said on October 19, in what could be a significant boost for the kingdom’s gas plans. Prince Abdulaziz bin Salman, Saudi Arabia’s energy minister, said the Al-Hiran and Al-Muhakik fields, both with strong natural gas flows, […] November 20, 2023 Opinion Oil & Gas US oil has got its groove back – now Opec has to react The resurgence of the US shale industry complicates the calculations for Opec producers meeting this month November 20, 2023 Posts navigation Previous 1 … 35 36 37 … 55 Next
Oil & Gas Saudi Aramco acquires 40% stake in Gas & Oil Pakistan Saudi Aramco will acquire a 40 percent equity stake in Gas & Oil Pakistan Ltd. (GO), a privately-owned fuels, lubricants and convenience stores operator, as part of its downstream expansion strategy. The acquisition mark’s the Saudi oil major’s entrance into the Pakistani retail fuels market. Aramco will now be able to secure new outlets for […] December 13, 2023
Industry Sabic CEO warns of ‘difficult’ 2024 for chemicals industry The chemicals industry will face another “difficult” year in 2024 as the global economic outlook remains weak, Saudi Basic Industries Corporation (Sabic) CEO Abdulrahman Al-Fageeh was quoted as saying. This was a bad year for the chemical industry, he told the Bloomberg news agency, adding that he was “uncertain on whether 2024 was going to […] December 12, 2023
Tech PIF bolsters investment in Alibaba-backed tech venture Saudi Arabia’s Public Investment Fund (PIF) will increase its investment in a technology venture backed by China’s Alibaba Group to $200 million, a news report said. Jada Fund of Funds, wholly owned by the PIF, is among several regional and Asian funds participating in eWTP Arabia’s upcoming $1 billion funding round, Bloomberg reported. The funding […] December 10, 2023
Oil & Gas Europe stands firm on fossil fuel phase-out deal at Cop28 The European Parliament is heading into the final days of negotiation at the Cop28 climate summit in Dubai with a clear mission to see the absolute end of fossil fuels. At a press conference on Friday, European Parliament member Peter Liese told journalists that the delegation is demanding the “tangible phase out of fossil fuels” […] December 8, 2023
Energy Al Jaber promises Cop28 is focused on ‘the science’ Dr Sultan Al Jaber defended his work as president of Cop28 on Monday, after criticism of remarks he made about climate science. “Everything this presidency has been working on, and continues to work on, is focused and centred around the science,” he told reporters in a press briefing at the UN summit. The Guardian newspaper […] December 4, 2023
Markets Saudi exchange-traded fund to list in Hong Kong Saudi Arabia’s exchange-traded fund (ETF) will be listed on the Hong Kong stock exchange tomorrow. Investors will be able to trade the constituent stocks of the Saudi stock market directly in the Hong Kong market through the ETF in Hong Kong dollars or renminbi, state-owned Xinhua news agency reported, citing Paul Chan, financial secretary of […] November 28, 2023
Real Estate PIF expects $1trn real estate spending over next decade Saudi Arabia’s Public Investment Fund (PIF) says it intends to invest SAR4 trillion ($1.1 trillion) in the real estate sector over the next 10 years, mainly developing 12 cities as part of the Saudi Downtown project. The Saudi Downtown Company was established in 2022 as a fully owned subsidiary of the PIF to develop city […] November 27, 2023
Video length: 06:55 Development Foreign investment flows to Saudi Arabia suffer drop Foreign direct investment to Saudi Arabia in the second quarter of 2023 stood at SAR6.2 billion ($1.65 billion), 21 percent down from the previous year and at a three-year low, a report said this week. The figures, published by Saudi business news site Argaam and based on ministry of investment data, showed investment down from […] November 22, 2023
Oil & Gas Saudi Arabia finds natural gas fields in east and south Saudi Aramco has discovered natural gas fields in the south and east of the country, the state news agency said on October 19, in what could be a significant boost for the kingdom’s gas plans. Prince Abdulaziz bin Salman, Saudi Arabia’s energy minister, said the Al-Hiran and Al-Muhakik fields, both with strong natural gas flows, […] November 20, 2023
Opinion Oil & Gas US oil has got its groove back – now Opec has to react The resurgence of the US shale industry complicates the calculations for Opec producers meeting this month November 20, 2023
