CCP approves 40% acquisition of GO Pakistan by Aramco The Competition Commission of Pakistan (CCP) has approved a 40% equity stake acquisition in Gas & Oil Pakistan... Published 29 Apr, 2024 08:45pm
Markets Saudi Arabia may raise prices for most oil grades to Asia for June SINGAPORE: Top oil exporter Saudi Arabia may raise prices for most of the crude grades it sells to Asia in June to... Published 29 Apr, 2024 03:02pm
Markets Saudi Aramco CEO calls energy transition strategy a failure HOUSTON: Pointing to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described... Published 25 Mar, 2024 05:47am
Markets Most Aramco buyers get full April volumes but heavy crude supply trimmed, sources say SINGAPORE/NEW DELHI: Saudi Aramco plans to meet full contractual crude oil volumes to most Asian buyers in April,... Published 11 Mar, 2024 01:31pm
Markets Saudi says 8% Aramco stake transferred to PIF wealth fund portfolio RIYADH: Saudi Arabia on Thursday said it transferred an additional eight percent stake from oil giant Aramco to... Published 07 Mar, 2024 07:17pm
Business & Finance Saudi Aramco, UAE’s ADNOC in talks to invest in US LNG projects, sources say LONDON: Gulf oil giants Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) are in talks to invest in U.S.... Published 06 Mar, 2024 06:35pm
Markets Saudi Arabia slightly raises Arab Light crude price to Asia Top oil exporter Saudi Arabia raised the official selling price (OSP) for its flagship Arab Light crude to Asia in... Published 06 Mar, 2024 11:26am
Markets Saudi Arabia may keep April crude prices to Asia little changed SINGAPORE: Top oil exporter Saudi Arabia may keep term prices of crude it sells to Asian customers little changed in... Published 01 Mar, 2024 10:39am
World Saudi Aramco signs supply agreements worth $6 billion Saudi state oil company Aramco has signed procurement agreements worth $6 billion with local vendors, widening its... Updated 28 Feb, 2024 12:16am
Markets Saudi Aramco starts trading US crude that helps set Brent oil benchmark LONDON: Saudi state oil company Aramco has started trading a US crude oil grade that underpins the global Brent... Published 13 Feb, 2024 06:06pm
Markets Saudi minister says energy transition behind Aramco capacity halt DHAHRAN, SAUDI ARABIA: Saudi Arabia decided to halt its oil capacity expansion plans because of the energy... Published 12 Feb, 2024 04:02pm
Markets Saudi Arabia keeps Arab Light crude price to Asia unchanged in surprise move SINGAPORE: Top oil exporter Saudi Arabia unexpectedly kept March price of its flagship Arab Light crude to Asia... Published 06 Feb, 2024 10:53am
Markets LPG price increased by Re1/kg ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra), on Wednesday, increased LPG per kg price by Re 1 with effect... Published 01 Feb, 2024 04:52am
Markets Saudi Arabia mulls reviving Aramco share sale: Bloomberg Saudi Arabia is considering reviving plans for a follow-on share offering in state oil company Saudi Aramco to raise... Published 31 Jan, 2024 07:37pm
Business & Finance Saudi Aramco halts plan to raise production capacity: statement RIYADH: Saudi Arabia has ordered energy giant Aramco to maintain its oil production capacity at 12 million barrels... Published 30 Jan, 2024 12:08pm
Markets Aramco CEO predicts tighter oil markets, sees Red Sea risks DAVOS: Global oil markets will cope with Red Sea disruptions in the short run, although prolonged attacks by the... Published 17 Jan, 2024 06:22pm
World Oil tankers continue Red Sea movements despite Houthi attacks HOUSTON: Oil and fuel tanker traffic in the Red Sea was stable in December, even though many container ships have... Updated 09 Jan, 2024 09:02pm
Markets Saudi Arabian companies warn Aramco fuel price hike may curb earnings DUBAI: Several Saudi Arabian companies released regulatory filings late on Wednesday and Thursday saying that state... Published 04 Jan, 2024 01:27pm
Markets Egyptian bourse registers biggest annual gain since 2016 DUBAI: Most stock markets in the Middle East ended higher on Sunday, with the Egyptian index chalking up its biggest... Published 01 Jan, 2024 05:40am
World Norway fund drops Saudi Aramco, 11 other Gulf firms OSLO: Norway’s largest pension fund said Thursday it has divested from Saudi Aramco due to the oil giant’s lack... Published 29 Dec, 2023 02:58am
Markets Profit-taking drags KSE-100 Index 1.73% lower Experts say correction much-needed after record-breaking rally at bourse Updated 13 Dec, 2023 06:31pm
Markets Aramco to buy 40% equity stake in GO Pakistan Planned acquisition is Aramco’s first entry into the Pakistani fuels retail market, Saudi Arabia's company says Updated 12 Dec, 2023 06:38pm
Markets Saudi Aramco to supply full oil volumes to some North Asia refiners in Jan 2024 SINGAPORE: Saudi Aramco has notified at least three North Asian buyers that it will supply full contractual volumes... Published 11 Dec, 2023 12:34pm
Markets Ministry of Energy rebuffs ‘uncertainty’ around Saudi Aramco refinery project The Ministry of Energy has denied media reports suggesting that Pakistan’s multi-billion dollar refinery project... Updated 21 Nov, 2023 09:30pm
Business & Finance Saudi Aramco net profit drops broadly as expected DUBAI: Saudi Aramco on Tuesday reported a 23% fall in third-quarter net profit on the back of lower oil prices and... Published 13 Nov, 2023 06:31am
Markets Saudi Aramco to supply full oil volumes to North Asia refiners in December SINGAPORE: Saudi Aramco has notified at least four North Asian buyers that it will supply full contractual volumes... Published 09 Nov, 2023 01:42pm
Markets Saudi Aramco profits down 23 percent in third quarter: statement RIYADH: Energy giant Saudi Aramco on Tuesday posted a 23-percent year-on-year drop in profits for the third quarter,... Published 07 Nov, 2023 11:47am
Markets Saudi Arabia keeps Dec Arab Light crude oil price to Asia steady from Nov SINGAPORE: Saudi Aramco has kept its December official selling price (OSP) for its Arab Light grade for Asian... Published 06 Nov, 2023 10:46am
Print Refinery sector: SIFC for assessing Sinopec’s interest ECC also directs Petroleum Division that other interested (credible) parties should be also identified and update be shared with the Apex Council (AC) in its forthcoming meeting Updated 06 Nov, 2023 12:04pm
Markets Saudi Arabia may hold Arab Light price to Asia steady for December SINGAPORE: Top oil exporter Saudi Arabia may keep the price for its flagship Arab Light crude little changed to Asia... Published 01 Nov, 2023 12:01pm