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Saudi Aramco

Saudi Aramco

Saudi Aramco confirms leasing UAE fuel storage space

Saudi Aramco has leased fuel storage space at the United Arab Emirates (UAE) port of Fujairah to support its global trading operations,…

March 10, 2013 12:41
Oil field in the ocean

New gas field found in Red Sea – Agency

Saudi Aramco, the world's largest oil exporter, is looking for gas all over the kingdom to boost gas production

October 10, 2012 9:37
GasOil premiums

Middle East gasoil premiums soar, Aramco buys continue

Market tight, Kuwait refinery issue restricts supply; Bapco cargo sold above $5/bbl, highest in years

September 6, 2012 5:44

Saudi Aramco says virus shuts down its computer network

Saudi Arabian Oil Co (Saudi Aramco) said its computer systems had been shut down by a virus late on Wednesday, but it added that production had not been affected.

August 16, 2012 10:16
Industries Qatar

Japan’s JGC wins Aramco, Sumitomo JV Saudi contract

Japan's JGC Corp signed a deal to expand an ethane cracker for a petrochemicals complex owned by Saudi Aramco and Japan's Sumitomo Chemical, an industry source said.

August 13, 2012 11:09

Summer demand buoys premiums for Middle East gulf products

Rising summer electricity, vehicle and jet fuel demand in the run-up to Ramadan have boosted fuel premiums in the Middle East Gulf and are likely to support prices throughout the holy month, traders said.

July 11, 2012 4:39
Petrofac wins $500 million Saudi Aramco, Sumitomo deal

Petrofac wins $500 million Saudi Aramco, Sumitomo deal

Aramco and Sumitomo Chemical have taken longer than expected to pick contractors for project, expected to cost around $7 billion in total, but deals have started to trickle through.

July 10, 2012 10:45
saudi aramco

Saudi Aramco to invest in new energy ventures

Saudi Aramco has launched an investment arm to buy into companies that have developed technologies of strategic importance to Saudi Arabia and speed their deployment in the kingdom, the state-run energy group said.

July 10, 2012 10:41
Lotos oil

Poland’s Lotos takes first Saudi oil shipment

Polish refiner Lotos has received a shipment of crude oil from Saudi Aramco , the possible first step in a long-term relationship between the two state-controlled firms, Lotos said on Tuesday

July 3, 2012 5:21

Saudi’s Bahri gains 9 percent after merger announcement

Shares at Saudi National Shipping Co (Bahri) rose 9 percent on Saturday after it signed an agreement with Saudi Aramco to buy its Vela marine unit for $1.3 billion in cash shares.

July 1, 2012 10:04