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HomeSaudi Aramco

Saudi Aramco

Saudi Aramco leverages technology to boost sustainability - Energy News Beat
Crude Oil News

Aramco chief executive bullish on demand prospects

March 2, 2021 Stu Turley

Demand, which fell by 20mn b/d in April 2020, is “improving, we have seen [in] China, east Asia strong demand there. If I look at India, it is also picking up, it is almost as pre-Covid” […]

Aramco seeks one-year extension on US$10 billion loan:
Crude Oil News

Aramco seeks one-year extension on US$10 billion loan: sources

February 28, 2021 Stu Turley

Saudi Aramco has asked banks to extend by a year a US$10 billion loan it raised last May, two sources familiar with the matter said, suggesting that rebounding crude prices are not pushing the oil […]

Saudi Aramco lands multiple bids for 10 billion pipeline stake - energynewsbeat
Finance

Saudi Aramco lands multiple bids for $10 billion pipeline stake

February 24, 2021 Stu Turley

Apollo Global Management Inc. and Global Infrastructure Partners are among suitors that bid for a roughly $10 billion stake in Saudi Aramco’s oil pipelines, people familiar with the matter said. Canada’s Brookfield Asset Management Inc., […]

Crude Oil News

Saudis raise prices of U.S. oil shipments

February 4, 2021 Stu Turley

Saudi Arabia kept oil pricing for its main market of Asia unchanged in March, after a key OPEC+ committee expressed confidence that the oil market is re-balancing. State oil producer Saudi Aramco raised prices for […]

Crude Oil News

Saudi Arabia will sell more shares of energy giant Aramco, Crown Prince says

January 31, 2021 Mariel Alumit

Saudi Crown Prince Mohammed bin Salman said Thursday the kingdom will sell more shares of energy giant Aramco in the coming years, following the world’s biggest public listing in 2019. “There will be Aramco share […]

Saudi Aramco leverages technology to boost sustainability - Energy News Beat
Crude Oil News

Indications from Saudi Aramco CEO leverages technology to boost sustainability

January 28, 2021 Stu Turley

Saudi Aramco is using new and developing technologies to accelerate its energy transition plans and to decrease carbon emissions. “Our reliability for 2020 is 99.8 percent, one of the highest in the world in terms […]

Big Oil's Exploration Cuts Exacerbate Supply Deficit - Could fit into Saudi Aramco's long term plans - Energy News Beat
Crude Oil News

Big Oil’s Exploration Cuts Exacerbate Supply Deficit – Could fit into Saudi Aramco’s long term plans

January 26, 2021 Stu Turley

Energy News Beat Publishers Note: An excellent article by Irina Slav for Oil Price. With the major oil companies getting out of oil and gas, Saudi Aramco has stated that they will be producing oil […]

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