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Saudi Arabia unleashes record solar push to end decades of burning its own oil for power
For many years, Saudi Arabia stood as the world’s biggest net exporter of crude oil. What surprises many is that the country also consumed a huge amount of its own oil. Since the early 2000s, its oil ...
The decision by Saudi Aramco to cut the price of its crude oil for Asian refiners for December cargoes has been viewed as a ...
Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlier
FILE - Saudi Aramco engineers and journalists look at the Hawiyah Natural Gas Liquids Recovery Plant in Hawiyah, in the Eastern Province of Saudi Arabia on June 28 ...
Saudi Aramco, long known for stable payouts, slashed its dividend by 30%, signaling financial strain and shifting priorities. Since its 2019 IPO, Aramco has significantly underperformed both ...
Saudi Arabia is offsetting some oil revenue losses from falling crude prices by ramping up refinery operations and exporting record-high volumes of refined petroleum products. Despite higher refining ...
President Donald Trump called the Saudi crown prince to issue U.S. support. Secretary of State Mike Pompeo on Saturday blamed Iran for a massive attack on a critical Saudi oil facility that has put ...
The price is seen as a key indicator of the kingdom’s outlook on regional demand and the move follows OPEC+ pausing output ...
Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlier
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices ...
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