Middle-east Arab News Opinion | Asharq Al-awsat

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Security personnel stand guard in front of the India Gate amidst the heavy smog in New Delhi, October 31, 2016. REUTERS/Adnan Abidi

Aramco Inaugurates New Delhi Office to Support Saudi Oil Investments

by Asharq Al-Awsat | Oct 9, 2017 | Business

Dammam- Middle East oil giant Saudi Aramco announced its most dramatic expansion so far with the opening of Aramco Asia India’s new office in New Delhi. India is the world’s third-largest energy-consuming economy. The State-run oil giant Aramco is in talks with...

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A Saudi Aramco oil facility in Saudi Arabia. (AFP)

Aramco, Saudi Public Investment Fund to Found ‘Super Contractor’

by Asharq Al-Awsat | Oct 9, 2017 | Business

London – Saudi Arabia’s Public Investment Fund (PIF) and Saudi Aramco are planning to set up a “super contractor” in partnership with local and international contractors. MEED reported on Saturday that Aramco, PIF, a local contractor and an international...

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Saudi Arabian Energy Minister Khalid al-Falih attends a meeting of the 4th OPEC-Non-OPEC Ministerial Monitoring Committee in St. Petersburg, Russia July 24, 2017. Reuters

Saudi-Russian Scenario to Extend OPEC Agreement till End of 2018

by Wael Mahdi | Oct 6, 2017 | Business

Kuwait- Russia and Saudi Arabia’s remarks Thursday have revived oil markets and hopes of another year of trying to rebalance the oil market after the Kingdom showed its support for the Russian proposal to extend the current global agreement between oil-producers until...

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Russian Energy Minister Alexander Novak speaks during a news conference of the 4th OPEC-Non-OPEC Ministerial Monitoring Committee in St. Petersburg, Russia, July 24, 2017. REUTERS/Anton Vaganov

Saudi Arabia, Russia to Set Up $1 Billion Energy Fund- Novak

by Asharq Al-Awsat | Oct 3, 2017 | Business

London- Russian Energy Minister Alexander Novak said that Saudi Arabia and Russia will establish a new energy investment fund worth USD1 billion, noting that final touches would be put during the visit of Custodian of the Two Holy Mosques King Salman bin Abdulaziz to...

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The logo of a Petronas fuel station is seen with the Petronas Twin Towers in the background in Kuala Lumpur, Malaysia. AFP

Strategic Partnership Between Aramco, Malaysia’s Petronas Chemicals

by Asharq Al-Awsat | Oct 3, 2017 | Business

Dammam – Saudi Aramco has entered into a strategic partnership with Petronas Chemicals Group Berhad (PCG) to enhance the value and competitive positioning of its petrochemicals projects within the Petronas Pengerang Integrated Complex (PIC) in Johor, south of...