Company Insights Saudi Aramco Oil & Gas Saudi Aramco News Oil & Gas Aramco looks at China’s potential growth sectors Saudi Aramco is exploring new opportunities in China’s energy, chemicals and technology sectors, president and CEO Amin Nasser has said. China occupies a key position in Aramco’s global strategy, he told the China Development Forum in Beijing on Monday. The Saudi-listed company is supporting China’s energy and chemical feedstock security by investing in multiple downstream projects, Nasser […] March 25, 2025 Opinion Trade Why Gulf investors are betting big on Trump’s America Now 'their man' is back in the White House, Gulf states are backing him with their huge capital reserves March 24, 2025 EXCLUSIVE Giga-projects PIF spending cuts slow giga-projects and trigger layoffs Saudi Arabia’s $925 billion Public Investment Fund (PIF) has ordered deep spending cuts across more than 100 of its companies, slowing projects and triggering layoffs, people familiar with the matter have told AGBI. The sovereign wealth fund at the heart of the government’s economic transformation strategy is mandating a minimum 20 percent reduction in 2025 […] March 24, 2025 Oil & Gas Saudi Aramco buys Peruvian fuel distributor Saudi Aramco has agreed to buy fuel distributor Primax, which has operations in Peru, Colombia and Ecuador, Peruvian newspaper Gestion reported, citing sources familiar with the deal. Primax, owned by Peruvian conglomerate Grupo Romero, has 2,185 gas stations in the three South American countries. The deal with Aramco included a payment of around $3.5 billion, Gestion […] March 24, 2025 Finance International investors target Saudi IPOs and smaller caps Emerging market investors are increasingly targeting Saudi Arabia’s smaller listed companies and initial public offerings, because of their better stock price performance versus their bigger peers. Since early 2020, foreign investors have been net buyers of almost $34 billion of Saudi Arabian equities, a report by the Dubai-based consultancy Iridium Advisors has revealed. Much of […] March 24, 2025 Energy Aramco launches its first carbon capture facility Saudi Aramco has launched its first facility to remove carbon dioxide (CO2) from the air in a joint venture with Siemens. This is the company’s first direct air capture (DAC) facility as it seeks to curb CO2 emissions. The facility, a pilot project developed with Siemens Energy, is designed to remove 12 tonnes of CO2 […] March 21, 2025 Artificial Intelligence Aramco-backed Cognite taps India in AI growth move Saudi Aramco-backed industrial software company Cognite has opened an AI services centre in the southern Indian city of Bengaluru and said it is exploring potential contracts with top conglomerates in the country. The Norwegian company said it had signed up with a large industrial cement company and a major automotive company but declined to provide […] March 20, 2025 Petrochemicals Gulf oil companies turn up petrochemicals investment Gulf national oil companies (NOCs) are increasingly focusing their investment attention on petrochemicals as they seek to move up the value chain and as global demand growth for crude slows, experts say. The Paris-based International Energy Agency (IEA) expects the petrochemical industry to account for one third of global oil demand growth by 2030 and […] March 18, 2025 Opinion Energy The Gulf’s energy transition aims to add, not subtract The region is pragmatically integrating renewables while maintaining oil dominance for a secure future March 18, 2025 Economy S&P raises Saudi Arabia’s rating over ongoing reforms S&P Global Ratings has upgraded Saudi Arabia’s rating to “A+” from “A” with a stable outlook, citing socioeconomic and capital market reforms. Strong non-oil growth and rising oil volumes from 2025 will support medium-term growth prospects, it said. Saudi Arabia’s National Debt Management Centre welcomed the upgrade, saying it would allow the kingdom to issue […] March 17, 2025 Posts navigation Previous 1 … 3 4 5 … 52 Next
Oil & Gas Aramco looks at China’s potential growth sectors Saudi Aramco is exploring new opportunities in China’s energy, chemicals and technology sectors, president and CEO Amin Nasser has said. China occupies a key position in Aramco’s global strategy, he told the China Development Forum in Beijing on Monday. The Saudi-listed company is supporting China’s energy and chemical feedstock security by investing in multiple downstream projects, Nasser […] March 25, 2025
Opinion Trade Why Gulf investors are betting big on Trump’s America Now 'their man' is back in the White House, Gulf states are backing him with their huge capital reserves March 24, 2025
EXCLUSIVE Giga-projects PIF spending cuts slow giga-projects and trigger layoffs Saudi Arabia’s $925 billion Public Investment Fund (PIF) has ordered deep spending cuts across more than 100 of its companies, slowing projects and triggering layoffs, people familiar with the matter have told AGBI. The sovereign wealth fund at the heart of the government’s economic transformation strategy is mandating a minimum 20 percent reduction in 2025 […] March 24, 2025
Oil & Gas Saudi Aramco buys Peruvian fuel distributor Saudi Aramco has agreed to buy fuel distributor Primax, which has operations in Peru, Colombia and Ecuador, Peruvian newspaper Gestion reported, citing sources familiar with the deal. Primax, owned by Peruvian conglomerate Grupo Romero, has 2,185 gas stations in the three South American countries. The deal with Aramco included a payment of around $3.5 billion, Gestion […] March 24, 2025
Finance International investors target Saudi IPOs and smaller caps Emerging market investors are increasingly targeting Saudi Arabia’s smaller listed companies and initial public offerings, because of their better stock price performance versus their bigger peers. Since early 2020, foreign investors have been net buyers of almost $34 billion of Saudi Arabian equities, a report by the Dubai-based consultancy Iridium Advisors has revealed. Much of […] March 24, 2025
Energy Aramco launches its first carbon capture facility Saudi Aramco has launched its first facility to remove carbon dioxide (CO2) from the air in a joint venture with Siemens. This is the company’s first direct air capture (DAC) facility as it seeks to curb CO2 emissions. The facility, a pilot project developed with Siemens Energy, is designed to remove 12 tonnes of CO2 […] March 21, 2025
Artificial Intelligence Aramco-backed Cognite taps India in AI growth move Saudi Aramco-backed industrial software company Cognite has opened an AI services centre in the southern Indian city of Bengaluru and said it is exploring potential contracts with top conglomerates in the country. The Norwegian company said it had signed up with a large industrial cement company and a major automotive company but declined to provide […] March 20, 2025
Petrochemicals Gulf oil companies turn up petrochemicals investment Gulf national oil companies (NOCs) are increasingly focusing their investment attention on petrochemicals as they seek to move up the value chain and as global demand growth for crude slows, experts say. The Paris-based International Energy Agency (IEA) expects the petrochemical industry to account for one third of global oil demand growth by 2030 and […] March 18, 2025
Opinion Energy The Gulf’s energy transition aims to add, not subtract The region is pragmatically integrating renewables while maintaining oil dominance for a secure future March 18, 2025
Economy S&P raises Saudi Arabia’s rating over ongoing reforms S&P Global Ratings has upgraded Saudi Arabia’s rating to “A+” from “A” with a stable outlook, citing socioeconomic and capital market reforms. Strong non-oil growth and rising oil volumes from 2025 will support medium-term growth prospects, it said. Saudi Arabia’s National Debt Management Centre welcomed the upgrade, saying it would allow the kingdom to issue […] March 17, 2025
