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HomeSaudi Aramco

Saudi Aramco

EIA News

Stand-alone natural gas wells driving new growth in Saudi Arabia’s natural gas production

January 26, 2022 Mariel Alumit

January 25, 2022 Source: Graph created by the U.S. Energy Information Administration, based on data from International Energy Statistics and Rystad Saudi Arabia’s dry natural gas production reached an average of 11 billion cubic feet […]

Crude Oil News

Look Beyond Oil for Clues Into $447 Billion Saudi Currency Stash

January 8, 2022 Mariel Alumit

ENB Publishers Note: We covered this story last year when Saudi Arabia produced their budgets for the next several years. It is clear they are not wanting to lower prices. In fact, if you look […]

Commodities

Saudis Raise Oil Prices for Asia, U.S. Despite Omicron’s Spread

December 5, 2021 Mariel Alumit

ENB Publishers Note: Saudi Arabia has announced their budgets over the next few years and they will require $125 to $150 oil to hit the projected budget surplus. So they are not really interested in […]

The G20 Summit and OPEC are both saying the same thing - The world needs energy - But only Saudi's indicate a "inclusive energy transition."
Climate Crisis

The G20 Summit and OPEC are both saying the same thing – The world needs energy – But only Saudi’s indicate a “inclusive energy transition.”

October 31, 2021 Mariel Alumit

This weekend it is great fun watching the G20 leadership talking about climate change, and how we need to impose the will of the industrialized nations upon the rest of the world. African countries have […]

Saudi Aramco - ENB
Commodities

Aramco Warns World’s Spare Oil Supplies Are Falling Rapidly

October 26, 2021 Mariel Alumit

Saudi Aramco said oil-output capacity across the world is dropping quickly and companies need to invest more in production. It’s a “huge concern,” Chief Executive Officer Amin Nasser said in an interview in Riyadh, Saudi Arabia’s […]

ENB Pub Note

Saudi Arabia to Use $110 Billion Gas Field for Blue Hydrogen – If energy was a chess game the rest of the world would be playing checkers

October 24, 2021 Mariel Alumit

ENB Publishers Note: You have to hand it to Saudi Arabia, taking the lead to increase oil prices, start a consortium with Russia for natural gas and get into the driver’s seat for Blue Hydrogen. […]

Commodities

The Facts Behind Saudi Arabia’s Outrageous Oil Claims

October 18, 2021 Mariel Alumit

Last week, Saudi Aramco’s chief executive officer, Amin Nasser, said that the company expects to boost its oil production capacity to 13 million barrels per day (bpd) by 2027. The EIA defines spare capacity very […]

Commodities

Saudi Aramco may open $110-billion gas project to foreign investors

September 10, 2021 Stu Turley

ENB Publishers Note: As Saudi Aramco had to incur debt this year to pay its portion to support the Saudi Arabia social programs, it is not surprising that they are seeking outside investors. Unusual, but […]

EDF-Masdar win 400MW Saudi Arabia project - ENB
Electrical Generation / Utilities

Saudi Aramco joins local 1.5 GW solar project with a 30% stake in renewables push

August 15, 2021 Stu Turley

Saudi Aramco is investing, alongside the country’s sovereign wealth fund and Riyadh-based ACWA Power, in the oil exporter’s largest solar project with a capacity of 1.5 GW as the world’s biggest energy company makes a […]

Saudi Aramco pipeline - ENB
Earnings

Aramco Bucks Trend by Prioritizing Oil Output Over Dividends

August 8, 2021 Stu Turley

Saudi Aramco is bucking the trend among oil majors by spending the windfall from this year’s surge in energy prices on boosting production capacity rather than increasing returns for shareholders. While Aramco will maintain its hefty […]

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