Saudi Aramco has raised $4 billion in its first bond issue of the year, underscoring how prolonged low oil prices are straining both the company’s and the Kingdom’s finances.
Jafurah is projected to deliver up to 2 Bscfd of gas by 2030, yet that would only displace roughly 334,000 bpd of oil ...
While oil is still the primary driver of Saudi Arabia's economy, the kingdom is now diversifying its growth drivers into areas such as artificial intelligence, tourism and sports. Saudi ministers told ...
API Spec 6A is among the oil and gas industry’s most technically rigorous standards and a critical requirement for Middle ...
With the OPEC+ production hikes, Saudi Arabia may have reached its maximum sustained output capacity, setting up for a repeat of the 2008 failure to increase output when called on. Despite what ...
Discover the dramatic transformation of Saudi Arabia as the video explores its journey from oil discovery to today’s ...
DUBAI (Reuters) -The International Monetary Fund upgraded its 2025 economic growth forecast for Saudi Arabia on Tuesday due to a faster-than-expected unwinding of oil production cuts in the world's ...
A major international incident may have a big impact on the U.S., including commuters across Southern California. Drivers may see a slight uptick in gas prices by mid-week after a drone strike over ...
--Brent crude oil is up 0.6% to $63.88 a barrel. --European benchmark gas is down 0.4% to 31.68 euros a megawatt-hour. --Gold futures are up 0.8% to $4,024.10 a troy ounce. --LME three-month copper ...
Around a decade ago, Saudi Arabia’s now Crown Prince Mohammed bin Salman said the kingdom’s economy would be able to survive without oil by 2020, a claim he linked to huge investments aimed at ...
Saudi Arabia has increased oil output, pushing crude prices lower this year in a move that analysts say serves multiple goals: reclaiming market share from Brazil, Guyana and U.S. shale, enforcing ...