Middle-east Arab News Opinion | Asharq Al-awsat

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Amin H. Nasser, President and CEO of Saudi Arabian Oil Company Saudi Aramco, attends the Oil and Gas Climate Initiative summit in Paris, France, October 16, 2015. REUTERS/Jacky Naegelen

Saudi Aramco to Issue Quarterly Results as of Next Year

by Wael Mahdi | Nov 2, 2016 | Business

Riyadh–Amin Nasser, the president and CEO of Saudi Aramco, has said that the company will begin next year to issue its quarterly results rather than announcing them on a yearly basis ahead of a stock market listing. Speaking at the King Abdullah Petroleum Studies and...

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Aramco Logo (Reuters)

Aramco Denies Bidding for U.S. LyondellBasell Refinery

by Asharq Al-Awsat English | Oct 24, 2016 | Business

Dammam – Aramco denied on Sunday the news saying it had bid for the purchase of LynodellBasell refinery in Houston, U.S.A. Aramco issued a statement, of which Asharq Al-Awsat received a copy, saying it didn’t bid. “The company did not bid for the referred...

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Saudi Arabia’s Energy Minister Khalid al-Falih talks to journalists before a meeting of OPEC oil ministers in Vienna, Austria, June 2, 2016/. Reuters

GCC-Russian Energy Meeting to Discuss Oil Market Stability

by Asharq Al-Awsat | Oct 23, 2016 | Business

Riyadh- Saudi Capital, Riyadh, is hosting on Sunday a GCC-Russian energy meeting to discuss latest developments in the oil market and tackle prospects of cooperation between Arab Gulf states and Russia in fields of energy. Minister of Energy, Industry and Mineral...

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A fuel storage tank at the Saudi Aramco Shell oil refinery in Jubail, Saudi Arabia, in this photo taken Tuesday, June 1, 2004. (AP Photo/Hasan Jamali)

Ankara Studying Best Means to Invest with Saudi Aramco

by Said Abdul Razzak | Oct 16, 2016 | Business

Ankara – The Investment Support and Promotion Agency of Turkey (ISPAT) is drafting a comprehensive report on major investment opportunities that are available to Saudi Aramco in Turkey, in the fields of energy and petroleum refining. ISPAT Advisor Dr. Mustafa...

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Employees of the Saudi Aramco oil company.Kamran Jebreili/AP

Saudi Aramco: $300 Billion to be Invested in Exploration and Production

by Asharq Al-Awsat | Oct 12, 2016 | Business

Dammam– Saudi Aramco President and CEO Amin Al Nasser said that the company would invest $300 billion in exploration and production during the coming decade, despite major challenges represented by the decline in international oil prices. Addressing the attendees at...