With global oil prices down to a four-year low last week, Saudi Arabia--which depends heavily on its oil revenues to balance its budget and to finance its massive economic transformation plan--could ...

Saudi Arabia is still dependent on oil revenues, so weak crude prices may make it harder to fund its ambitious ventures such as The Line in Neom.

SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter ... share as part of OPEC+'s strategy to speed up oil output hikes. State oil company Saudi Aramco cut the May official selling ...

Saudi oil giant Aramco and China’s top refiner, Sinopec, will expand a joint venture petrochemicals complex in Saudi Arabia under an agreement signed on Wednesday. Aramco and China Petroleum ...

Saudi Arabia is pushing ahead with megaprojects such as The Line in Neom. The kingdom's economy is still heavily dependent on oil revenues, but prices have been sliding. A big decline in oil ...

14 oil and natural gas fields discovered in Eastern Region, Empty Quarter Dubai: Saudi Arabia, the world's top ... speed up oil output hikes. State oil company Saudi Aramco cut the May official ...

Saudi Arabia-headquartered investment firm The Arab Energy Fund has agreed to provide a $100 million private loan to Chinese ...

Saudi Aramco, the Kingdom’s giant national oil company, on Wednesday, announced the discovery of 14 new oil and natural gas that could add over 80 million cubic feet of gas per day and over ...

Saudi Arabian oil company Saudi Aramco has discovered 14 new oil and natural gas fields and reservoirs in the Eastern Province and the Empty Quarter. The discoveries include six fields and two ...

SINGAPORE: Saudi Arabia ... oil prices for Asian buyers in May to their lowest in four months, after a shock decision by the OPEC+ oil group to increase supply on Thursday. State oil company ...

Both of these fields are operated by Saudi Arabia’s state-owned oil company, Saudi Aramco. Saudi Aramco is the world’s largest oil-producing company. Saudi Arabia possesses significant natural ...