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ADNOC Distribution achieved the highest-ever earnings interest, taxes, depreciation, and amortization (EBITDA) of $319 million during Q3 2025, up 15.9%…
Petrochemicals markets are stuck in the doldrums, and even Saudi companies with low-cost feedstock and an advantageous geographical location with…
Minister of Petroleum and Mineral Resources, Karim Badawi, made a surprise visit early this morning to the headquarters of Rashid…
Acwa Power, announced on 29 October that alongside its partners the PIF and Aramco, it has signed financing agreements for…
Reliable, low-cost energy underpins Saudi Arabia’s economic growth strategy, and Energy Minister Prince Abdulaziz bin Salman Al Saud is acutely…
Saudi Arabia’s oil sector grew by 8.2% in Q3, according to preliminary government statistics, its fastest pace since 3Q 2022’s…
Saudi oil export revenues managed a third consecutive monthly increase in August, coming in at $18.6bn. Not just was this…
The core issue driving prices down is the overwhelming supply. On one hand, the United States, the world’s largest crude…
Karim Badawi, the Minister of Petroleum and Mineral Resources, met with a delegation from the Egyptian oil services company, Maridive, …
Saudi Aramco, one of the world’s leading integrated energy companies, has completed a $11 billion lease and leaseback agreement for…