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  • Hurricane Harvey
    Saudi Aramco contributes to relief effort in Harvey-hit Texas

    Saudi oil giant Aramco, which has operations in Texas, has joined in the relief and rehabilitation effort in the affected areas. Some 300,000 food rations have been donated by Aramco for the victims and displaced populace, which are being distributed by the ‘Hand by Hand’ organization, as per a media report.

  • Saudi Aramco
    Saudi Aramco makes gains from R&D ahead of listing

    BMI Research, part of Fitch Group, has claimed that continued technological advancements offer a strong upside to Saudi Aramco’s profit, reserves and production capability, despite a lower oil price environment.

  • Shale Gas
    Saudi Aramco Gears Unconventional Gas Program

    Saudi Arabia’s unconventional potential is also estimated to be 10 times the volume of the conventional oil and gas in the ground. For Saudi Arabia, a current business focus is tight sand, tight carbonate and shale gas recovery. With strong indications of substantial shale and tight gas deposits, Saudi Aramco is currently exploring and appraising several prospects for unconventional gas within the Kingdom.

  • Saudi-China
    CNOOC receives first crude oil from Saudi Aramco for Huizhou refinery

    Recently, the flagship Huizhou refinery of CNOOC located in the Guangdong Province was expanded from an original capacity of 240,000barrel per day (bpd) to 440,000bpd.

  • Saudi Aramco
    Saudi Aramco uses new technology to re-explore vast Empty Quarter

    Oil giant Saudi Aramco is using new technology to re-explore areas of the vast Arabian desert known as the Empty Quarter, which could help to bolster its proven reserves of oil and gas before the company offers its shares to the public.

  • Saudi Aramco/SABIC
    Saudi Aramco, SABIC launch bidding at key chemical project

    Saudi Aramco and Saudi Basic Industries Corp (SABIC) have launched bidding for engineering work on their joint crude oil to chemicals project, industry sources said, a key step towards developing the $20-billion-plus complex.

  • Saudi Aramco
    Saudi Aramco to sign China’s Yunnan refinery deal in 6 months

    "Yunnan (talks) have reached advanced stages ... We aim to finalise Yunnan within six months," Falih, who is also the chairman of Aramco, said. Aramco will own a "big stake" in the 260,000-bpd Anning plant in Yunnan province, he added. Aramco is looking to invest $1 B–$1.5 B in the refinery as well as the retail assets of PetroChina, sources told Reuters in 2015.

  • Vision 2030
    Analysis: The Fate Of Vision 2030 Rests On Saudi Aramco IPO

    MBS’ Vision 2030 plans depend on an extra couple hundred billion dollars from the Saudi Aramco initial public offering (IPO) in 2018. The IPO, the largest of its kind in financial history, would make just a five percent portion of the oil giant accessible to private investors. Still, the volume of the company’s assets guarantee MBS the capital he needs to retrain the Saudi work force, develop a services sector and tone down the influence of the fossil fuel interests.

  • Saudi Aramco IPO
    Will China buy Saudi Aramco?

    The planned sale of a 5 per cent stake in the Saudi state oil company Aramco is still in limbo. There is no clarity on where it will be listed, on its value or, most important, on how the rights of minority shareholders can be protected in an entity that will be 95 per cent owned by the Saudi government.

  • Natural Gas
    Saudi Aramco gets bids to expand Hawiyah gas plant

    Saudi Aramco has received bids from international engineering firms to expand the Hawiyah gas plant, industry sources said on Wednesday as the state oil giant continues spending to expand its core business.