Jafurah is projected to deliver up to 2 Bscfd of gas by 2030, yet that would only displace roughly 334,000 bpd of oil ...

Saudi Aramco plans to tap the debt market in the second quarter to finance the acquisition of petrochemical giant Sabic, likely issuing its first ever international bond and disclosing its accounts in ...

Which nations hold the keys to the world's most important resource? We're unpacking which countries produce the most oil and ...

DUBAI, United Arab Emirates (AP) — Saudi oil giant Aramco reported Tuesday a $26.9 billion profit in the third quarter, down slightly from last year as global energy prices remain depressed over ...

President Trump said today that he’s authorized the release of oil from the country’s strategic reserve “if needed” after drone attacks knocked out about half of Saudi Arabia’s oil output. Yemen’s ...

Saudi Aramco has concluded an $11 billion deal for the lease and leaseback of its Jafurah natural gas processing facilities with a consortium led by Global Infrastructure Partners, a subsidiary of ...

The contracts include a 32-month EPCI project for pipelines at Berri and Abu Safah, and a 12-month subsea intervention and pipeline EPC at Marjan, supporting Saudi Arabia's ...

The chief executive of the world’s largest oil producer Saudi Aramco has called for higher spending on exploration and production in order to prevent a global supply crunch as oil demand continues to ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. Saudi Aramco booked a net profit of $28 billion for the third quarter of the year, thanks to ...

FILE - Storage tanks are seen at the North Jeddah bulk plant, an Aramco oil facility, in Jeddah, Saudi Arabia, on March 21, 2021. (AP Photo/Amr Nabil, File) (Amr ...