Saudi Arabia, the world's biggest oil exporter, may raise its August crude oil prices for buyers in Asia to the highest in ...

Saudi Arabia, which forged a truce with the Yemeni militants in 2022 after fighting them for years, sees prolonged conflict as a threat to its economic plans and oil infrastructure, which have ...

The importance of oil and gas can't be underestimated at times when conflicts occur, something that was currently being seen, the head of Saudi oil giant Aramco told an energy conference on Monday.

So there is a feeling for many people that Saudi Arabia, for a lot of reasons, isn't a great partner. ESTRIN: The crown prince and de facto ruler of Saudi Arabia is Mohammed bin Salman - MBS. He's ...

The dissonance cuts to the heart of the Saudi kingdom. The government-controlled oil company, Saudi Aramco, already produces one out of every 10 of the world’s barrels of oil and envisions a ...

Saudi Arabia, the world’s leading exporter of oil, has become the biggest obstacle to an agreement at the United Nations climate summit in Dubai, where countries are debating whether to call for ...

Saudi Arabia has the lowest oil extraction cost in the world, at around $3 per barrel. That means the vast majority of the revenue earned from each barrel goes into its coffers.

Not only is he trying to reduce Saudi Arabia’s dependency on oil, but he’s also attempting to rebrand Saudi identity. Saudi men drink coffee at a market in Najran province. Officials ...

Saudi Arabia’s on-again, off-again plans to list more shares of Aramco, the world’s most valuable oil company, appear to be on again. The kingdom is considering selling a stake of as much as ...

Commonly referred to as the “lucky well”, Well No. 7 launched Saudi Arabia’s Petroleum history. ... The discovery and exploitation of oil in Saudi Arabia shaped the Kingdom’s development since its ...