Drones launched by Yemen's Houthi rebels attacked a massive oil and gas field deep inside Saudi Arabia's sprawling desert on Saturday, causing what the kingdom described as a "limited fire" in the ...
The perpetrators of this past weekend’s attack on critical infrastructure at Saudi Arabia’s second largest oil field at Khurais and its large and vital crude oil stabilization center at Abqaiq ...
Not since the early 1980s has Saudi Arabia seemed so powerful. But the kingdom’s dominance of the oil market could prove fleeting, as policymakers grapple with multiple challenges that could slash ...
Saudi Aramco has begun production of light oil (condensate) from its $100 billion Jafurah unconventional gas project, after the company completed Phase 1 construction of the 450-MMcf/D-capacity gas pl ...
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 ...
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 ...
Saudi Arabia’s crude oil exports hit a seven-month high in September as its production jumped to a 29-month high, the latest data by the Joint Organizations Data Initiative (JODI) showed on Wednesday.
DUBAI, United Arab Emirates — Saudi oil giant Aramco reported Nov. 4 a $26.9 billion profit in the third quarter, down slightly from last year as global energy prices remain depressed over concerns of ...
Saudi Aramco sold oil from its $100 billion Jafurah project in the first reported export from the massive natural gas ...
Saudi Aramco has confirmed a phased development approach for its $100 billion-plus Jafurah unconventional onshore gas project, which is expected to produce up to 2 billion cubic feet per day of gas by ...
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