In a statement posted on its website recently, Saudi Aramco announced that it has awarded engineering, procurement, and construction (EPC) contracts worth $7.7 billion for a “major expansion” of the company’s Fadhili Gas Plant in […]
Pointing to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described the current energy transition strategy as a misguided failure on Monday. “In the real world, the current transition strategy […]
Daily Standup Top Stories California: We Need *Another* $100 Billion for High-Speed Rail – What is a few billion between friends? ‘March 17, 2024 Stu Turley source: Hot Air: Ed Morrissey: Hey, a hundred billion […]
HOUSTON — Saudi Aramco CEO Amin Nasser said Monday that the energy transition is failing and policymakers should abandon the “fantasy” of phasing out oil and gas, as demand for fossil fuels is expected to […]
Energy behemoth Aramco is in talks to further invest in liquefied natural gas, including in US LNG projects, according to Aramco’s CEO, Amin Nasser. Saudi Arabia’s Aramco made its first international investment in LNG last […]
KEY POINTS Saudi Arabia’s state oil giant Aramco reported a 25% decline in profit to $121.3 billion in 2023, down from $161.1 billion in 2022. The result still represents Aramco’s second-highest ever net income. The […]
Saudi state company in discussions with a number of entities Others in the region are also betting big on the LNG sector Saudi Aramco is in talks with companies for liquefied natural gas projects in the US […]
Daily Standup Top Stories America’s enemies are hoping we ‘go green’ January 31, 2024 Mariel Alumit In the shadows of American climate activism, a web of foreign interests is quietly pulling the strings in the background […]
DUBAI, Jan 30 (Reuters) – Saudi Arabia’s government on Tuesday ordered state oil company Aramco (2222.SE), opens new tab to halt its oil expansion plan and to target a maximum sustained production capacity of 12 million barrels […]
As COP 28 winds down, the Canadian oil and gas industry is faced with the unenviable task of making sense of the declarations, plans, proposals, and unrealistic promises and attempting to chart a path forward. […]
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