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. […]
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 […]
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 — […]
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 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 […]
(Bloomberg) — Saudi Aramco agreed to buy a stake in MidOcean Energy for $500 million, its first investment in liquefied natural gas as the company seeks to diversify beyond its core oil business. Aramco is […]
UN experts have written to oil firm Saudi Aramco and its financial backers challenging them on allegations that their activities are fuelling climate change-related negative impacts on human rights. A cache of correspondence was published […]
Aramco profit falls as lower prices, OPEC+ cuts hurt sales Performance dividend is on top of regular shareholder payout Saudi Aramco raised its payout to investors and Saudi Arabia’s government by more than half, in a […]
Saudi Aramco said on Friday it had completed the purchase of a 10% stake in a Chinese petrochemical firm for the equivalent of $3.4 billion as the Saudi oil giant continues to expand its downstream footprint in […]
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