Saudi Arabia is increasing its oil production and exports as part of a contingency plan in case any U.S. strike on Iran disrupts supplies from the Middle East, two sources familiar with the plan said ...
Saudi Aramco has let a contract to Saipem in Saudi Arabia under its existing long-term agreement. The operator is ...
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 ...
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 sold oil from its $100 billion Jafurah project in the first reported export from the massive natural gas ...
With no breakthrough in Geneva and tensions simmering, Brent crude holds near $72 as traders brace for the next move.
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 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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