The president of the King Abdullah Petroleum Studies and Research Center, Fahad Alajlan, emphasized the need to balance energy security with sustainability, sustain investment in the oil and gas sector, and pursue economically viable solutions to reduce…
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Saudi Aramco's financial results and Saudi Arabia's third-quarter budget performance report, released on the same day, revealed a divergence between the company's rising profits and declining government oil revenue recorded in the state budget.
Pakistan is looking to Saudi Arabia and Oman as potential suppliers of liquefied petroleum gas under government-to-government and commercial deals to ease shortages and curb soaring prices ahead of winter, the country's Petroleum Minister Ali Pervaiz Malik…
Saudi Arabia’s civil defense has declared the situation safe in Jazan province after issuing an earlier warning about potential dangers. Jazan hosts a Saudi Aramco refinery with a 400,000 barrel per day capacity.
Saudi Arabia’s non-oil private sector continued to expand in October, with business activity and output growth accelerating despite a decline in the Riyad Bank Purchasing Managers’ Index (PMI) to 54.0 from 55.3 in September, according to data compiled by S&P…
