In a strategic move that underscores Saudi Aramco’s commitment to bolstering its balance sheet while expanding its natural gas operations, the oil giant has inked an $11 billion lease-and-leaseback agreement with a consortium led by […]
This is a huge announcement. This will also have a huge geopolitical impact on the carbon tax and countries forcing Net Zero energy policies on other countries’ manufacturing and oil companies. The EU may have […]
In the span of a decade, Egypt has undergone a dramatic transformation in its energy landscape, shifting from a burgeoning liquefied natural gas (LNG) exporter to a significant importer. This reversal, driven by declining domestic […]
In an era where global leaders and environmental advocates push aggressively for Net Zero emissions by 2050, the reality on the ground tells a starkly different story. Oil and gas production are not just holding […]
With President Trump giving President Putin 50 days to come to the negotiation table, there are some real problems with his 100% tariff threats on countries buying Russian oil. And that is, Sanctions don’t work […]
In the high-stakes world of global energy, Saudi Aramco finds itself trapped in a precarious position under the oil price policies of U.S. President Donald Trump. Trump’s administration has long advocated for a tightly controlled […]
Daily Standup Top Stories UAE Says Oil Market Needs More Oil with Healthy Demand July 9, 2025 Clark Savage The global oil market is showing signs of robust demand, according to United Arab Emirates Energy Minister […]
Saudi Aramco, the world’s largest oil exporter, is making waves in the liquefied natural gas (LNG) market with advanced negotiations to secure 2 million tonnes per annum (Mtpa) of LNG from Commonwealth LNG’s terminal in […]
Saudi Aramco, the world’s largest oil company, is reportedly considering the sale of up to five gas-fired power plants, a move that could raise approximately $4 billion, according to sources cited by Reuters and OilPrice.com. […]
Oslo-listed jackup rig player Shelf Drilling has landed a five-year contract extension with Saudi Aramco for its High Island V unit. The total added contract value is about $133m, the UAE-based company said in a […]
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