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Natural Gas
Saudi Aramco, BlackRock Sign $15.5 billion Gas Pipeline Deal
Saudi Aramco said it has signed a $15.5 billion lease and leaseback deal for its gas pipeline network with a consortium led by BlackRock Real Assets and Hassana…
Hydrogen Project
Aramco Unveils Major Hydrogen Partnerships with Gaussin and Air Liquide
Saudi Arabian oil company Aramco has unveiled two agreements with French-based Air Liquide and Gaussin that will see the companies explore hydrogen technologies…
Oil Field
Aramco awards $10B in Contracts for Vast Jafurah Shale Gas Field Development
In late November, the Saudi Arabian Oil Company announced the start of development of the vast Jafurah unconventional gas field, the largest non-associated gas …
Natural Gas
Samsung Engineering Secures US$1.23bn Gas Development Project in Saudi Arabia
Samsung Engineering announced on Dec. 1 that it has signed a US$1.23 billion contract with Saudi Aramco for the Jafurah Gas Process Package #1 Project.
Natural Gas
Hyundai Engineering Consortium Wins KRW2tr Gas Plant Project in Saudi Arabia
Hyundai Engineering announced on Nov. 30 that it has won a super-large gas plant construction project worth about 2 trillion won from Saudi Arabia’s state-run …
Oil Field
Aramco Awards Contracts Worth $10bn to Develop Giant Jafurah Gas Field
The company plans to invest more than $100bn to develop the field that will make Saudi Arabia one of the world’s largest natural gas producers
Crude Oil
Oil Gains After U.S. Infrastructure Bill Passes, Chinese Exports Rise
Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy demand, while Saudi Arabia's state-owned producer Aramco…
Oil Price
Aramco Books 158% Surge In Q3 Net Profit On Higher Oil Prices
Saudi state energy giant Aramco booked a net profit of $30.4 billion for the third quarter of the year, up by 158 percent from the third quarter of 2020 on subs…
Saudi Arabia
TotalEnergies Dives Deeper into Saudi Downstream
State-controlled Saudi Aramco and TotalEnergies have launched two new fuel service stations in Saudi Arabia, the first since the pair set up a joint venture to …
Net Zero Emission
Saudi Aramco Pledges to Reach Net-Zero Emissions by 2050
Saudi Aramco's target excludes emissions from customers burning its crude, but is a decade sooner than a government timetable for the kingdom
Oil & Gas Trade
Sudan Expects to Reach Oil Products Deal with Saudi Aramco
A delegation of Saudi officials and businesses is in Sudan for two days of talks on potential investments in sectors including agriculture, energy, mining and t…
Solar Power Plant
Aramco Company Joins $900MM+ Solar Project
ACWA Power has revealed that Saudi Aramco Power Company, a fully owned company of Saudi Aramco, has joined the Sudair Solar plant consortium.
Solar Power Plant
Saudi Aramco Joins Local 1.5 GW Solar Project with a 30% Stake in Renewables Push
Saudi Aramco is investing, alongside the country's sovereign wealth fund and Riyadh-based ACWA Power, in the oil exporter's largest solar project with a capacit…
Oil Price
Aramco Posts Nearly 300% Leap in Second-Quarter Profit as Oil Demand Recovers
Saudi state oil giant Aramco reported a stunning 288% increase in net income to $25.5 billion for the second quarter, while maintaining its dividend of $18.8 bi…
Oil Price
Saudi Aramco Hikes Oil Prices to Asia for Second Consecutive Month
The pricing of Saudi crude oil generally sets the trend for the pricing for Asia of other Gulf oil producers such as the United Arab Emirates, Kuwait, Iraq, and…
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