Saudi Arabia's state oil company Aramco bought its first cargo of WTI Midland, a U.S. crude oil grade that underpins the global Brent benchmark, oil-index publisher S&P Global Commodity Insights said on Wednesday.
Saudi Arabia’s state oil company Aramco bought its first cargo of WTI Midland, a US crude oil grade that underpins the global Brent benchmark, oil-index publisher S&P Global Commodity Insights said on Wednesday.
Saudi Arabia has increased the valuation of its unexploited mineral resources from $1.3 trillion to $2.5 trillion.
Contract running through to 2028 will support work to increase and maintain the maximum sustainable capacity across the Shaybah field’s four GOSPs, power plant and well injection facilities
KBR, Inc. (KBR) a Texas-based engineering, technology, procurement, and construction company, Wednesday announced it has secured a
As part of the IKTVA programme, 210 localisation opportunities have been identified within 12 sectors, with an estimated annual market size of $28 billion, Aramco said
Mitsubishi Power underscores its advances in innovation, localization and sustainability for the Kingdom of Saudi Arabia aligned with the IKTVA Forum
Saudi Arabia has unveiled a joint venture between the state oil company Aramco and the state mining company Ma'aden. The collaboration focuses on extracting lithium, a vital component in batteries for electric vehicles (EVs),
KBR has been awarded a significant contract to support the sustainable production of energy resources in Saudi Arabia. This partnership with Saudi Aramco is part of the Master Expansion Program and aims to increase gas handling capacity at key regional locations,
Saudi Arabia's foreign minister said on Tuesday he did not see Donald Trump's new administration increasing the risk of an Israel-Iran conflict, addressing an issue the region has feared since the start of Israel's war in Gaza.
Aramco has signed 145 agreements and Memoranda of Understanding (MoUs) valued at around $9bn at the In-Kingdom Total Value Add (iktva) Forum and Exhibition 2025. The agreements and MoUs are expected to advance the localisation of goods and services in Saudi Arabia, boosting local content in the supply chain and fostering collaboration.
Aramco's lithium extraction venture, driven by the startup Lihytech, aims at developing commercially viable production methods by 2027 with collaborations with Saudi mining firms. The initiative reflects Saudi Arabia's efforts to diversify its economy,