His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, affirmed that the historical production adjustments made by OPEC producing countries and producing countries...
Read moreAccording to the Saudi Press Agency, citing Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz, the Saudi Aramco has discovered four new oil and gas fields. Non-conventional oil has been...
Read moreAmid oil price volatility, expanded producers agreements and questions about the long-term outlook for oil, OPEC was celebrating its 60th birthday last month. OPEC’s ability to emerge from adverse...
Read moreAramco owns and operates the first hydrogen fueling vehicle station in Dhahran, Saudi Arabia. This experimental station supplies high-purity compressed hydrogen to an initial fleet of Toyota electric...
Read moreAramco will pump large sums ($ 69 billion) to the Public Investment Fund, which is the main financier of the Kingdom’s ambitious economic program, in exchange for its acquisition of a majority...
Read more17 Sept., 2020 Saudi Aramco had received a directive from the Ministry of Energy to increase its Maximum Sustainable Capacity (MSC) from 12 million barrels per day to 13 million barrels per day....
Read moreMohamad Salem – 9 September 2020 Amin Al-Nasser, the CEO of Saudi Aramco said that the giant company is working to increase its oil production capacity by one million barrels per day to reach...
Read more4 Sept. 2020 The kingdom’s official news agency reported, citing Energy Minister Prince Abdulaziz bin Salman that Saudi Aramco discovered two oil and gas fields in northern parts of Saudi...
Read moreThe 21st Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday 19 August 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi...
Read more24 August, 2020: The Corona virus epidemic caused the collapse of oil prices, and a decline in energy demand, which resulted in a review of the feasibility of energy companies’ projects around...
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