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HomeSaudi Aramco

Saudi Aramco

Aramco
International News

CEO: Aramco in talks to invest more in LNG

March 12, 2024 Mariel Alumit

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 […]

Aramco
Big Oil Companies

Saudi oil giant Aramco posts 25% fall in full-year profit

March 11, 2024 Mariel Alumit

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 […]

Aramco
Big Oil Companies

Aramco in Talks for US LNG Projects as Mideast Gas Race Heats Up

March 10, 2024 Stu Turley

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 […]

AI

Daily Energy Standup Episode #299 – Global Shifts, Green Crime Waves, and Strategic Moves in the Energy Landscape

February 1, 2024 Andy Del Prado

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 […]

Saudi
Crude Oil News

Saudi Arabia orders Aramco to lower oil capacity target

January 31, 2024 Mariel Alumit

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 […]

COP28
Climate Crisis

Energy realities to consider as COP28 discussions wrap up

December 12, 2023 Mariel Alumit

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. […]

Climate Crisis

Daily Energy Standup Episode #261 – Weekly Recap: COP 28, Carbon Emissions, and Global Energy Shifts

December 2, 2023 Andy Del Prado

Daily Standup Weekly Top Stories What Is COP28 and Why Is It Important? November 25, 2023 Mariel Alumit World leaders are due to gather for annual climate change talks in Dubai in December. On the agenda: the phase down […]

Big Oil Companies

Daily Energy Standup Episode #257 – COP28, ESG Realities, Geopolitical Strains, and the Path Ahead

November 27, 2023 Andy Del Prado

Daily Standup Top Stories What Is COP28 and Why Is It Important? November 25, 2023 Mariel Alumit World leaders are due to gather for annual climate change talks in Dubai in December. On the agenda: the phase down — […]

COP28
Climate Crisis

What Is COP28 and Why Is It Important?

November 25, 2023 Mariel Alumit

World leaders are due to gather for annual climate change talks in Dubai in December. On the agenda: the phase down — or even phase out — of fossil fuels, a global goal to help the world adapt […]

Aramco
Earnings

Aramco Keeps Payout to State, Investors at $29B

November 7, 2023 Mariel Alumit

Aramco maintained its payout to the Saudi government and investors at $29.4 billion, helping state finances amid a widening budget deficit. The world’s biggest crude oil exporter maintained the payout at the preceding quarter’s level despite […]

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