Saudi Arabia's efforts to invest in Indian oil refineries are facing hurdles due to disagreements over crude supply terms.

Saudi Basic Industries Corporation, whic is 70 percent owned by Saudi Aramco, swung to a loss in the first quarter of 2025 but intends to push ahead with a capital expenditure plan worth up to $4 ...

Q1 2025 Earnings Conference Call April 30, 2025 12:00 PM ETCompany ParticipantsWilliam Conroy - Vice President ...

The race is hotting up for the multibillion-dollar development of the Dorra offshore gas field in the shared neutral zone ...

China's state-run Sinopec said on Monday it had signed an agreement with a unit of Saudi Aramco to establish a joint venture (JV) company with a registered capital of 28.80 B yuan ($3.95 B).

Between its own self-interest and the Trump effect on international priorities, the country seems to be backing away from its ...

Saudi Arabia plans to drastically reduce crude oil consumption by 2030, leveraging the Jafurah shale gas field to boost ...

For comparison, $28 trillion is a shade less than the sum of all goods and services produced in the United States last year.

Saudi Arabia plans to displace 350,000 bpd of crude burn with its Jafurah project by 2030, shifting to gas for power and ...

Crude burn – the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation – ...