National Iranian Oil Company (NIOC) has increased its crude oil selling prices (OSPs) for Asian buyers in May amid a global surge in oil prices, Shana reported.
News ID: 10642 Publish Date : 2022/04/14
Indonesia's state-owned oil firm Pertamina will upgrade and expand its 348,000 b/d Cilacap refinery on its own, indicating that a delayed joint development with Saudi Arabia's state-controlled Saudi Aramco has fallen through.
News ID: 9641 Publish Date : 2020/05/31
Oil rose as Saudi Aramco slashed its sales to key buyers and the IEA said that the market is showing signs of improving.
News ID: 9506 Publish Date : 2020/05/15
Saudi Aramco began reducing oil production earlier this week ahead of the May 1 start date for OPEC+ output cuts, according to a Saudi industry official familiar with the matter.
News ID: 9245 Publish Date : 2020/04/26
Oil giant Saudi Aramco on Sunday posted a 21% decline in 2019 net profit due to a drop in oil prices and production, and said it plans to “rationalize” capital spending in the wake of the coronavirus outbreak.
News ID: 8736 Publish Date : 2020/03/15
Malaysia's state-owned Petronas is expected to be commercially ready with polymers output from its Pengerang complex by next year's first quarter.
News ID: 7806 Publish Date : 2019/12/06
Only a few days is left before the unveiling of a big decision which will mostly determine the future of oil market in the upcoming year.
News ID: 7729 Publish Date : 2019/12/02
Saudi Aramco included outlooks regarding long-term oil demand in its initial public offering prospectus released on November 9. According to the document, the company believes that "demand growth for crude oil, condensate and NGLs is expected to continue, with a levelling off around the year 2035."
News ID: 7472 Publish Date : 2019/11/15
Saudi Aramco ’s IPO looks doomed to failure as it targets a $2 trillion flotation. Tepid oil prices, the fraught politics of the Middle East and the demonization of fossil fuel producers in response to climate change fears have all made the initial public offering (IPO) a mission impossible.
News ID: 6900 Publish Date : 2019/10/23
Saudi Aramco is largely expected to raise OSPs for its crude oil grades heading to Asia in November, prices that the kingdom will issue in the coming days, traders said Monday.
News ID: 2325 Publish Date : 2018/10/01
Saudi Arabia is starting to panic, and is growing concerned that the growing number of supply disruptions around the world could cause oil prices to spike.
News ID: 2156 Publish Date : 2018/06/30
Saudi Arabian Oil Company and Malaysia’s state-owned oil firm are close to raising an $8 billion loan to partly finance the construction of a planned refinery and a petrochemical complex in the Southeast Asian nation, people familiar with the matter said.
News ID: 1917 Publish Date : 2018/02/09
The impending initial public offering of shares in Saudi Aramco , the world’s biggest oil producer by volume, will be a bellwether for investors’ belief in humanity’s readiness to curb the carbon emissions set to disrupt centuries of stable climate.
News ID: 1210 Publish Date : 2017/08/21
Saudi oil giant Aramco will buy an equity stake in Malaysian firm Petronas' major refining and petrochemical project, pumping in $7 billion in its biggest downstream investment outside the kingdom, the companies said on Tuesday.
News ID: 1011 Publish Date : 2017/03/03
The Riyadh-based newspaper al-Eqtisadiah retracted a story saying Saudi Arabia is planning to sell almost half of Saudi Arabian Oil Co., the world’s largest oil company known as Aramco .
News ID: 768 Publish Date : 2016/12/27
Saudi Arabia is planning to sell almost half of Saudi Arabian Oil Co., the world’s largest oil company.
News ID: 738 Publish Date : 2016/12/25