Tag: Saudi Aramco

Chemical, Conventional Fuels

S-OIL and Saudi Aramco partner to develop alternative energies

January 21, 2022

Via: PetrolPlaza

S-OIL announced the signing of four MOUs with Saudi Aramco to collaborate on alternative energies business. The agreements include cooperation in thermal crude to chemicals technology, research and development on the production of lower carbon future energy and investment in […]

Commercialization, Conventional Fuels, News and Policies, World

Saudi Arabia says it will cut oil production by an additional 1 million barrels per day

May 11, 2020

Via: CNBC energy

Oil prices jumped to their highs of the day after Saudi Arabia said it will cut production further in an effort to support global oil markets. Beginning on June 1 the Kingdom will cut output by an additional 1 million […]

Commercialization, Conventional Fuels

Saudi Aramco IPO Hits $2 Trillion Mark Amid Guarded Forecast

December 18, 2019

Via: Forbes

Saudi Aramco (SR:2222) has emerged as the most valuable publicly traded company in history. Since opening on the Saudi stock exchange December 11, the valuation of the national oil giant jumped to $2 trillion ($2.03 trillion to be exact) – […]

Commercialization, Conventional Fuels

The OPEC Dilemma: Is Oil Market Weakness Short-Term Or Long?

December 4, 2019

Via: Forbes

As OPEC and its allies meet this week in Vienna, some pundits anticipate they will seek to reassure nervous markets with additional production cuts. Expectations that next year will see a growing oil surplus if nothing is done have already […]

Chemical, Conventional Fuels, News and Policies, World

Following Saudi Oil Attack, Aramco Pushes Ahead With IPO Plans and Restoring Oil Production

October 9, 2019

Via: Forbes

Topline: In the wake of last month’s attack on Saudi Aramco oil facilities, the state oil giant has quickly recovered, aiming to restore full production and forging ahead with its plans for what would be the world’s largest-ever IPO later […]

Chemical, Conventional Fuels

The Permian Basin Is Now The World’s Top Oil Producer

April 5, 2019

Via: Forbes

Last week Saudi Aramco — the national oil company of Saudi Arabia and the world’s largest oil company — lifted a veil of secrecy around the company’s operations. For the first time in decades, operational details for Saudi Aramco were […]