Saudi Aramco's recently released Annual Review 2015 confirms that the state-owned company produced at record levels last year – averaging 10.2 million barrels per day.
A Saudi border guard was killed and three others were wounded by a land mine that exploded while on patrol alongside the border with Yemen on Monday, according to reports.
Saudi Aramco Energy Ventures, the venture capital arm of the state-owned Saudi oil company, recently made two investments in early stage and high growth companies that have applications useful for energy, petrochemicals, and renewables.
Riyadh’s unfinished King Abdullah Financial District (KAFD) located halfway between downtown Riyadh and King Fahd International Airport is headed for new ownership and a revised master plan.
Ahead of Saudi Arabia’s landmark Vision 2030 announcement, the Kingdom tested its credit-worthiness from international lenders by raising $10 billion, despite downgrades by Moody’s and Standard & Poor’s (S&P) earlier this year.
Days after the Vision 2030 plan was announced the Saudi Public Investment Fund (PIF) reshuffled the board of the Saudi Arabian Mining Company - known as Ma'aden - and named Khalid Falih Chairmen of the Board. Falih is also Chairman of Aramco and Minister of Health.
