News

The world’s biggest crude producer is partnering with SandboxAQ to turn captured carbon into profitable products.
Despite the downbeat results, the company viewed a recent recovery in oil-refining margins as encouraging. It expects the recovery to continue through the third quarter, driven by seasonal demand for ...
Citi Research has slashed its Q2 2025 net profit estimate for Saudi Aramco to $22.8 billion, down from $27.8 billion, citing ...
Aramco braces for 2025 income dip; oil prices drop 22%. Can growth in downstream offset turmoil in the energy sector?. Citi ...
Haradh GOSP-3 onshore expansion would boost plant's oil production capacity by 100,000 barrels per day to 420,000 bpd ...
BP's Castrol unit has secured a bid from US private equity firm One Rock Capital Partners, one of the few remaining bidders ...
(Reuters) -One Rock Capital Partners, a U.S. private equity firm, is one of the few remaining bidders for BP's Castrol ...
Saudi Aramco is close to a deal to raise around $10 billion from a group led by BlackRock that has been set up to invest in ...
The award of a multibillion-dollar contract at Saudi Aramco's Jafurah unconventional gas field is likely to be delayed at ...
Saudi Aramco is in advanced talks to sell a roughly $10 billion stake in midstream infrastructure serving the giant Jafurah ...
Arabian Gulf Business Insight on MSN7d
BlackRock-led group to invest $10bn in Aramco gas project
A group led by US asset manager BlackRock is reportedly in talks to invest around $10 billion in a pipeline and gas-fired power plants associated with Saudi Aramco’s giant Jafurah shale gas project.
Saudi Aramco reportedly is close to a deal to raise ~$10B from a group led by BlackRock that has been set up to invest in the ...