Saudi Arabia announced this weekend that its gross domestic product had crossed the threshold of $1 trillion for the first time in its history, a milestone reached with the aid of high global oil prices and heavy government investment in tourism and entertainment.
Asset management giant BlackRock announced on Monday that it had named the CEO of Saudi Aramco, the world’s largest oil company, to its board of directors.
Saudi Arabia’s state oil company Aramco announced on Sunday that it has signed a deal with Chinese analog China Petroleum and Chemical Corporation (Sinopec) to build an oil refinery in southeast Fujian province, helping secure a stable and affordable supply of gasoline and other fuels in China.
Amin Nasser, the chief executive officer of Saudi Arabia’s national oil company Saudi Aramco, said on Tuesday that cyberattacks have become one of the top threats faced by the gigantic energy corporation – a menace as threatening as natural disasters and terrorist attacks on Aramco’s physical assets.
The state-run Saudi Arabian Oil Company (Aramco) announced on Sunday that it recorded a 90 percent year-on-year increase in its net income in the second quarter of 2022, amounting to a record-high profit of $48.4 billion, the Saudi Press Agency (SPA) reported.
Amin Nasser, CEO of Saudi Arabia’s national oil company Aramco, said on Monday that the world had better begin paying close attention to the relentless terrorist attacks on Saudi oil facilities launched by the Iran-backed Houthi insurgents of Yemen, because Houthi mischief could make it difficult for the Saudis to increase oil shipments in response to global demand.
The BBC has been revealed to have received hundreds of thousands in ad revenue from Saudi Arabia’s national oil company.
Oil giant Saudi Aramco reportedly forced a migrant worker to wear a surgical mask and a large hand-sanitizer dispenser, serving as a human dispenser to keep Saudis safe from the Chinese coronavirus, photos on Tuesday revealed.
Saudi Arabian energy minister Prince Abdulaziz bin Salman said on Tuesday that oil production will be fully restored by the end of September following a drone and missile attack on oil facilities Yemen’s Houthi rebels have claimed.
Saudi energy giant Aramco is ready for a two-stage IPO but the timing is up to the government, its chief executive said Tuesday, flagging a possible foreign listing as part of the offering.
