Aramco

Saudi Arabia discovers 14 new oil and gas fields in Eastern Region, the Empty Quarter

The discoveries include six fields and two reservoirs of Arabian oil, as well as two fields and four reservoirs of natural gas

Saudi Aramco, China Sinopec announce Yasref petrochemicals complex expansion

This initiative aims to boost Yasref's capabilities and global standing in the petrochemical sector

China occupies “key position” in Aramco’s global strategy, says CEO Amin Nasser

Aramco's investments in China are currently in Fujian, Liaoning, Zhejiang and Tianjin

Aramco acquires 50 percent stake in Jubail-based Blue Hydrogen Industrial Gases Company

BHIG targets the production of blue hydrogen through the capture and storage of carbon dioxide

Aramco launches Saudi Arabia’s first carbon dioxide direct air capture test unit

Company’s aims to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions across its wholly-owned operated assets by 2050

Saudi Aramco president calls for new global energy model balancing traditional and renewable energy sources

Nasser noted that new energy sources do not replace traditional ones; they complement them

Saudi Arabia’s Aramco reports $106.2 billion net income for 2024

Company's board declared a base dividend of $21.1 billion for the fourth quarter of 2024, a 4.2 percent annual increase

Saudi Aramco to acquire 25 percent stake in Unioil Petroleum Philippines

The agreement, subject to standard conditions, supports the company's strategy to expand its global retail network

Riyadh Air reveals sonic brand ‘Sound of a New Era’ ahead of 2025 launch

This milestone in preparations aims to create a unique musical experience for travelers in 2025

LEAP 2025: Inaugural Tech Arena to offer ‘Live TV’ platform for next-gen innovations

Tech Arena will offer first look at next-gen design couture, medical tech, robots, AI and more

EFG Hermes achieves top position in MENA Equity Capital Markets for 2024 through market-leading executions

EFG Hermes topped the MENA equity capital market in 2024 with 11 IPOs and 6 secondary offerings

Saudi Aramco CEO anticipates 1.3 million barrels per day increase in oil demand this year

Oil demand in 2025 is projected at nearly 106 million barrels per day, up from 104.6 million