SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

Recent stories from sustg

  • Ras Tanura Clean Fuels Project in Saudi Arabia Suspended Due to Low Oil Price
     

    Saudi Arabia’s $2 billion Ras Tanura clean fuels project has been suspended by Saudi Aramco following a steep drop in oil’s price since July 2014, Reem Shamseddine of Reuters reports.  The Ras Tanura clean fuels project was due to be a part of a second phase of upgrades to Aramco’s refineries, but may resume in a […]

     
  • As Oil Dips Below $70, American Producers Wonder Where the Bottom Is and Eye an End to Export Ban
     

    The second half of 2014 has been a lively period for the U.S. shale industry.  Fueled by new technologies and a soaring oil price, everyone from upstart producers to big oil were taking advantage of new production opportunities in United States in shale deposits.  Over the last year, the U.S. alone accounted for 82% of non-OPEC production growth, […]

     
  • Opinion: Teaching Religious Tolerance in Schools
     

    In recent months, much attention has been given to the expanding influence of jihadist groups and religious extremists in the Middle East. The rise of the Islamic State (ISIS) in Iraq has been attributed, in part, to former Prime Minister Maliki’s sectarian policies. The Houthis, a Shiite rebel group in Yemen have occupied Sanaa and […]

     
  • Saudi Aramco: Not Your Ordinary NOC
     

    Last month Saudi Aramco opened a 50,000 square foot, state-of-the-art research center in Houston that Saudi Aramco President and CEO, Khalid Al-Falih called, “an upstream research center like no other.”  It will be an extension of Saudi Aramco’s Exploration and Petroleum Engineering Center’s Advanced Research Center (EXPEC ARC) and it’s Research and Development Center both […]

     
  • SAGIA in Transition
     

    The Saudi Arabian General Investment Authority (SAGIA) was established in 2000 to be a major driver in the Kingdom’s efforts to liberalize its economy.  It has certainly fulfilled that role and over the last 14 years SAGIA has been a chief strategist, leading promoter and the administrative front office for the Kingdom’s business as Saudi […]

     
  • Nitaqat Three Years On: A Summer 2014 Report Card
     

    Four years into the Arab Spring, Saudi Arabia has been an oasis of relative calm and stability in an otherwise tumultuous Middle East region. This is partially because the perceived social, economic and political dysfunction resulting from Arab Spring reform movements has had a sobering effect on Saudi perceptions.  In fact, many Saudis consider the […]

     
  • Saudi Arabia’s Timely Push for Solar to Reduce Oil Consumption
     

    It’s no secret that Saudi Arabia’s energy consumption is soaring, and that to meet increasing demand, the Kingdom is siphoning off more and more of its crude to power the booming Saudi economy. Although Saudi Arabia has plenty of oil, what is consumed to meet domestic power demand cannot be sold on the market. Writing […]

     
  • PHOTOS: The 2014 SACM Career Fair at the Gaylord Hotel in Washington DC
     

    The recently completed 2014 SACM Career Fair brought together over 12,500 Saudi graduates and leading employers in Saudi Arabia to match talent with opportunities. Leading companies from the U.S., Saudi Arabia and around the world set up booths to meet the recent graduates, introduce their companies, and discuss employment opportunities.

     
  • KACARE and Saudi Arabia’s Frightening Consumption of Energy
     

    Four years ago, King Abdullah City for Atomic and Renewable Energy (KACARE) was established by a royal decree. Public statements highlighted the numerous nuclear and solar power plants that would be built and entered into production during the next 15 to 20 years. Large sums of money have been paid for advisers and global consulting […]

     
  • A Plea to the Saudi Ministry of Transportation: Save the Lives of Thousands of Saudis
     

    Recently, I received an invitation from Saudi Aramco to deliver a speech in the Eastern Province peninsula town of Ras Tanura, Saudi Arabia. I was welcomed as a member of the Saudi Aramco family, and not just a visitor. This was not my first time delivering a speech for this great company. I decided to […]

     

MUST-READS

  • Aramco VC Fund Turns to Global Investments in Saudi Startup Push

    Wa’ed will invest about $100 million this year after spending around $50 million over the past nine years, Chief Executive Officer Fahad Alidi said in an interview. Its $200 million fund is planning 11 investments in the second half. On top of fintech and e-commerce, the firm will expand into sectors such as deep tech, space tech the metaverse and sustainability.

  • Nigeria to Implement Saudi Aramco’s Oil Security Architecture

    Nigeria is implementing a security infrastructure similar to that of Saudi’s Aramco to protect its oil pipelines, according to the head of the nation’s state-owned energy company. The new security architecture will be unveiled soon and will help stop massive oil pipeline vandalism that has resulted in the country losing 30% of produced volumes to crude thieves, Mele Kyari, the chief executive officer of the Nigerian National Petroleum Company, said on Tuesday in Abuja, the nation’s capital.

  • High oil prices help Saudi Aramco earn $88 BILLION in the first half of this year

    Saudi energy company Aramco reported that its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion. The increase is a boon for the kingdom and the crown prince’s spending power

  • Saudi Aramco’s NAMAAT expands – The 966

    Aramco expands Namaat industrial investment programs, Arab News reports. The Saudi Arabian Oil Company announced a major expansion of its Namaat industrial investment programs, with 55 agreements and Memoranda of Understanding (MoUs) across the sustainability, digital, industrial, manufacturing and social innovation sectors

  • Saudi Aramco Is Taking A Page Out Of The U.S. Shale Playbook

    While U.S. shale producers are raining wealth on their shareholders, in the form of stock buybacks and special dividends, KSA-94% owner of ARAMCO, has focused on paying down debt, and diversifying its energy portfolio. In some ways mimicking the actions of the mega oil producers like ExxonMobil, (NYSE:XOM) Chevron (NYSE:CVX) and BP (NYSE:BP), by delving into alternative energy forms.

  • Saudi Aramco confirms phased development plan for vast $100 billion gas project

    “The facility for the gas plant will come in two phases. The first phase would come in 2025. And the second phase will come on stream by 2027,” said Aramco chief executive Amin Nasser. The full field development of Jafurah is expected to reach a production capacity of 2 Bcfd by 2030, lifting the company's overall gas production capacity by 50% in the same time frame.

  • Saudi Aramco confirms phased development plan for vast $100 billion gas project

    “The facility for the gas plant will come in two phases. The first phase would come in 2025. And the second phase will come on stream by 2027,” said Aramco chief executive Amin Nasser. The full field development of Jafurah is expected to reach a production capacity of 2 Bcfd by 2030, lifting the company's overall gas production capacity by 50% in the same time frame.

  • Saudi Aramco’s Amin Nasser: a homegrown engineer who reached the top

    Nasser has become highly popular at Aramco by promoting a decentralised culture and spending time with both leaders and workers, analysts say. During the Muslim fasting month of Ramadan, he makes a point of visiting an Aramco field or plant every evening and breaking the fast with crews.

  • Saudi Aramco profits soar by 90% as energy prices rise

    It is thought to be one of the largest quarterly profits in history, when disregarding one-off increases that tend to inflate company earnings, and is Aramco’s highest since its shares were listed on Riyadh’s stock market in December 2019.

  • Saudi Aramco’s Amin Nasser: a homegrown engineer who reached the top

    At an industry event this year in Riyadh, the Saudi energy minister paused at about 9 p.m. in front of some 1,000 people and told them it was bedtime for Amin Nasser, the chief executive of state-owned oil producer Saudi Aramco. He was not joking. Over a career of four decades, Nasser has earned a reputation for a style of dedication that means he will be making sure he's prepared for the challenges of the day ahead, not mingling into the early hours.