SUSTG.com / Research

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

We can't find results matching your search.

Adjust your search and try again or browse topics and stories below.

Recent stories from sustg

MUST-READS

  • Worley lands refinery upgrade project with Saudi Aramco

    The value of the Worley FEED deal with Saudi Aramco has not been disclosed. Chief executive Chris Ashton said: “We are pleased that Saudi Aramco has selected Worley for this strategic project, which will enhance the long-term sustainability of Saudi Aramco’s Ras Tanura refinery. “We look forward to growing our longstanding global relationship with Saudi Aramco and supporting its assets’ long-term sustainability goals, while remaining committed to delivering a more sustainable world.”

  • Saudi Aramco taps banks for $12-14 bln gas pipeline loan – sources

    Aramco could raise at least $17 billion from the sale of a significant minority stake in its gas pipelines, sources have previously told Reuters. The stake would be offered with a loan financing package already in place, worth about 80% of the price.

  • Saudi Aramco allocates full-term crude volumes to Asian buyers for Nov: sources

    Though full allocations could sap spot appetite, stronger demand from key economies such as China, Japan and India may sustain momentum when trade commences this month, trade sources said. "Saudi allocation will keep the spot market in a reasonable range, but the risk is demand, such as RongSheng tender, demand maybe very good this month," another crude oil trader in Singapore said.

  • Global hydrogen trade could be indexed to natural gas, carbon: Saudi Aramco

    "If you look at, for example, power [generation], the alternative would be, perhaps, carbon capture and natural gas," he said. "So, you might index it to those two; the cost of carbon and the natural gas price, as a dual index." Al Khowaiter said the life-cycle of production should be considered when analyzing emissions from hydrogen production.

  • Saudi Aramco hits $2T valuation on back of higher oil prices

    Its market cap value puts Aramco just behind Microsoft and Apple as the world’s most valuable company. It comes as crude oil prices climb to over $82 a barrel, the highest in seven years. Demand for energy is picking up, despite the ongoing coronavirus pandemic’s continued toll on travel and other key gas-guzzling sectors.

  • Saudi Aramco cuts November crude price to Asia by 40 cents/bbl

    Top oil exporter Saudi Arabia cut the November official selling price (OSP) to Asia for its flagship Arab Light crude to $1.30 a barrel above the Oman/Dubai average, the country's state oil producer Aramco (2222.SE) said on Tuesday.

  • Saudi Arabia Sees Record Inward Investment In Q2 Due To Aramco Pipeline Deal

    Saudi Arabia recorded its highest level of inward foreign direct investment (F.D.I.) in the second quarter of the year, with the figure soaring to $13.8 billion. It is the highest figure logged by the Saudi Central Bank (Sama) in records that go back to the start of 2006 and marks a dramatic rise on the performance of recent years.

  • Aramco and Golf Saudi launch double-header of Ladies European Tour golf tournaments in Jeddah

    The world’s best women’s golfers will be returning to Saudi Arabia in November for what will be the biggest week in professional women’s sport in the Kingdom — with 108 players competing for back-to-back $1 million tournaments on the Ladies European Tour. Hosted at the Royal Greens Golf Club, on the Red Sea Coast near Jeddah in King Abdullah Economic City, the Aramco Saudi Ladies International presented by Public Investment Fund take place from Nov. 4 to 7 and will be followed by the Aramco Team Series — Jeddah Nov. 10 to 12.

  • Reliance backs Saudi Aramco chairman as independent director

    Al-Rumayyan's inclusion to the board was widely seen as part of a process to formalise a deal to sell 20% stake in the Indian conglomerate's oil-to-chemical business to the world's top oil exporting company for $15 billion in 2019.

  • Italy’s Saipem signs investment MoU with Saudi Aramco

    Saipem, which has a framework agreement with Saudi Aramco it renewed earlier this year, has a fabrication yard in Saudi Arabia. A market leader in subsea exploration and construction, Saipem is looking to develop new lines of business to meet an increasing client focus on green technologies.