Saudi Aramco has made new appointments during a meeting of its board of directors, sources told Bloomberg. They said the board approved for Khalid al…
The Kuwait Foreign Petroleum Exploration Company (KUFPEC) has signed a $1.1 billion finance deal with a number of banks to expand its oil and gas operations,…
Saudi Aramco's potential acquisition of a stake in Saudi petrochemicals maker SABIC would affect the time frame of its own planned initial public offering,…
The Trump administration is actively considering tapping into the nation’s emergency supply of crude oil as political pressure grows to rein in rising gasoline…
S&P Global Platts received a blow on Wednesday after Saudi Aramco announced that it is adjusting its Asia crude oil pricing marker in an effort to increase the…
It appears that Saudi Arabia responded to the world demand for its oil, as it began boosting output by 330,000 barrels a day in June to 10.3 million barrel per…
Asian oil importers are stepping up efforts to diversify crude sources and Iranian oil payment mechanisms after the US announced it is pressing buyers to…
State oil company Saudi Aramco is aiming to boost production next month to about 10.8 million barrels a day, the people said, asking not be named discussing…