Two dead 16 injured after Saudi Aramco fire
Two were dead and 16 were injured after a fire at a Saudi Aramco-owned facility.
Saudi Aramco
Saudi Aramco warns of supply drop off, hints at Turkey deals
Saudi Aramco’s chief has said a new “road map” is needed to help smooth the transition from fossil fuels to green energy.
Saudi Aramco IPO will offer stake in all of company’s operations
The world’s biggest oil company is planning to sell shares in the entire business and not just in its refining or distribution operations, its chief executive officer said in an interview.
Fire at Saudi Aramco oil terminal injures eight
Saudi Aramco said eight of its workers have been injured after a fire broke out at one of its oil terminals.
Saudi Aramco, Japanese Gov close to expanding Okinawa storage deal
Saudi Aramco and the Japanese government are set to agree on roughly a two million barrel expansion of crude storage capacity in Okinawa used by the state-run firm to store oil.
India to evacuate laid-off oil workers from Saudi Arabia
India’s government plans to evacuate thousands of Indian workers who have lost their jobs in Saudi Arabia and cannot afford to pay for a flight home.
Amec Foster Wheeler wins refinery deal
Amec Foster Wheeler has won deal for the $5billion upgrade to Saudi Aramco's Cilacap Refinery in Central Java.
Helge Lund said to be mulling over role with Saudi Aramco
Statoil and former BG Group chief executive Helge Lund is said to be considering a move to Saudi Aramco.
Saudi Aramco cuts all August oil prices for US, Asian clients
Saudi Arabia, the world’s largest crude exporter, cut all official selling prices for its crude sales to Asian and US clients in August.
Aramco, Sabic one step closer to turn oil into chemicals
Saudi Arabian Oil Co. and Saudi Basic Industries Corp. are one step closer to building their first plant to process crude directly into chemicals, cutting out a link in the production chain from hydrocarbons to the finished products that go into plastics and other consumer goods.
BP unlikely to invest in Saudi Aramco IPO says Dudley
Oil major BP is unlikely to invest in Saudi Aramco's flotation, chief executive Bob Dudley told reporters at the St Petersburg International Economic Forum.
Saudi Aramco raises most Asia crude pricing amid robust demand
Saudi Arabia, the world’s largest crude exporter, raised pricing on most of its oil grades for sales to Asia in July after the nation’s oil minister said demand was robust.
Saudi Aramco plans to boost capacity on Red Sea oil pipeline
Saudi Aramco, the world’s largest crude producer, plans to increase the capacity of its main cross-country pipeline by 40 percent as the company expands oil fields in the eastern part of the nation and builds refineries on the western coast.
Saudi Aramco IPO could signal concern over oil’s future
Saudi Arabia’s plan to sell part of its stake in state-controlled oil producer Aramco may suggest the kingdom’s leaders are worried about the long-term prospects for crude demand and prices, said short-seller Jim Chanos, founder of Kynikos Associates.
Saudi Aramco chief exec sees ‘significant growth’ in oil output in 2016
Saudi Arabia, the world’s biggest oil exporter, plans “significant growth” in output in 2016 and further international expansion, the head of the country’s state-run producer said, even as global oversupply contributed to a drop in crude prices from a year ago.
EV Insights: Five things you didn’t know about Saudi’s new oil minister
Saudi Arabia has appointed a new oil minister, Khalid Al-Falih, to lead on the country’s energy policies after he replaced Ali al-Naimi and took up his post on Sunday. We’ve put together five things you need to know about him.
Opinion: Saudi Aramco IPO – selling the family silver
News that the Saudi government will sell off a 5% stake in its oil champion, Saudi Aramco, is arguably the biggest hydrocarbons policy shift since the 1970s, turning a page on the post-1973 nationalisation of the region's oil producers.
Saudi Arabia said to pick JP Morgan, Banker Klein for Aramco IPO
JPMorgan Chase & Co. and Michael Klein, the former Citigroup Inc. investment banker who runs his own boutique, have been selected to advise on state-owned Saudi Arabian Oil Co.’s initial public offering, according to people familiar with the matter.
Wild Well Control puts the freeze on subsea plugs
A pioneering operation that uses fluid cryogenics as a freeze plug barrier has been tested in a tie up between specialists at Wild Well Global and Saudi Aramco.
Saudi Aramco starts production from Hasbah field
Saudi Aramco has started producing natural gas at the offshore Hasbah field.
Shell, Saudi Aramco to end 18-year US refining marriage
Royal Dutch Shell Plc and Saudi Arabian Oil Co. are ending an 18-year refining partnership as the Anglo- Dutch crude titan prepares to sell billions of dollars of assets and as Saudi Arabia’s national oil company eyes a possible initial public offering.
Saudi Aramco said to seek advice on assets and timing for IPO
Saudi Arabian Oil Co. has asked consultants to bid for a role advising it on which assets to privatize and how to execute a potential share sale as the kingdom presses ahead with plans for an initial public offering, people with knowledge of the matter said.
Magseis wins Saudi Aramco seismic work
Magseis has been awarded a contract for Saudi Aramco’s S78 project for seismic acquisition in the Red Sea.
Lamprell Energy signs MOU for maritime complex
Lamprell Energy said it has signed an MOU (Memorandum of Understanding) with Saudi Aramco, Bahri and Hyundai Heavy Industries for a collaboration on creating a maritime complex in Saudi Arabia.
Oil declines after Saudi Aramco says it’s sustaining investments
Oil gave up its gains after the world’s biggest crude exporter said it’s keeping up investments in energy projects.