ACWA Power, a Saudi-listed company and the world’s largest private water desalination company, has been recognized by Global Water Intelligence (GWI) as the world’s largest water project developer outside of […]
GWI names ACWA as world’s largest water project developer outside of China Read More »
Saudi Aramco has told at least five customers in North Asia they will receive full nominated volumes of crude oil in June, several sources with knowledge of the matter said
Saudi Aramco to supply full oil volumes to some Asian refiners in June – sources Read More »
Saudi Aramco posted a year-on-year (YoY) drop in Q1 2023 net profit to $31.9 billion from $39.5 billion as lower demand for oil pressured prices, but said it plans to
Saudi Aramco’s Q1 net profit slips on lower demand and prices Read More »
Saudi Aramco has signed definitive agreements to acquire a 10 percent stake in Shenzhen-listed Rongsheng Petrochemical Co. (Rongsheng) for $3.6 billion (24.6 billion Chinese Renminbi), fortifying its presence in China’s
Saudi Aramco to acquire 10% stake in China’s Rongsheng Petrochemical Read More »
Cement exports from Saudi Arabia surged 67.4 percent year-on-year to 638,000 tons in January 2023, Aljazira Capital said in its new report. In contrast, local sales for January 2023 stood
Saudi Arabia’s cement exports surge 67% in January 2023 – Aljazira Capital Read More »
OPEC on Tuesday stuck to its forecasts for global oil demand growth in 2022 and 2023 after several downgrades, saying that while economic slowdown was “quite evident” there
OPEC sticks to 2022, 2023 oil demand growth forecasts after downgrades Read More »
The King Abdullah Petroleum Studies and Research Center (KAPSARC), a leading Riyadh-based advisory think tank, signed a memorandum of understanding (MoU) on Tuesday with the Economics & Technology Research
The impact of Russian sanctions will be the biggest influence on the supply ‘call’ for OPEC in 2023, according to S&P Global Commodity Insights. One potential complication to deeper OPEC+
Russia sanctions will be ‘key factor’ for OPEC decisions in 2023 Read More »
Energy Minister Prince Abdulaziz Bin Salman said that the world cannot bear two or three weeks without Saudi oil exports. Addressing the 2nd edition of the Global Cybersecurity Forum on
Energy minister: World can’t bear two weeks without Saudi oil Read More »
Restaurant operator Americana Restaurants International on Wednesday announced its intention to float 30% of share capital and to list its shares on the Abu Dhabi Securities Exchange (ADX) and the
Middle East KFC, Pizza Hut operator Americana to float 30% stake Read More »
