Middle-east Arab News Opinion | Asharq Al-awsat

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An oil tank is seen at the Saudi Aramco headquarters during a media tour at Damam city November 11, 2007. REUTERS/ Ali Jarekji

Saudi Aramco Informed Egypt Verbally about Suspending Oil Product Supply

by Asharq Al-Awsat English | Oct 10, 2016 | Business

Saudi Aramco told the Egyptian General Petroleum Corporation (EGPC), Egypt’s state oil company, in early October that it would halt the supply of refined oil products to Egypt, Reuters cited a government official on Monday. “Aramco informed the EGPC early...

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Aramco: Oil and Gas Remain Main Energy Source for Next 5 Years

by Asharq Al-Awsat | Sep 27, 2016 | Business

Dammam- Saudi Aramco chief executive Amin Nasser said that oil and gas will remain the main sources of energy during the next five years. He suggested a four-strategy plan to renew production and exploration sectors. Speaking at the Annual Technical Conference and...

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Falih: Riyadh Meeting China’s Increasing Demand for Energy

by Asharq Al-Awsat | Sep 3, 2016 | Saudi Arabia

Beijing- Minister of Energy Khalid Al-Falih said that his country is ready to meet the increasing demand for energy from China during the upcoming decades, adding that Saudi companies specifically Sabic and Aramco are ready to invest in Chinese regions in partnership...

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A tribal fighter loyal to Yemen’s government carries a photo of a slain army officer loyal to Yemen’s government in the northern city of Marib December 30, 2015. REUTERS/Ali Owidha

Aramco: Oil Facilities are Safe

by Bassam al-Kadi, Asharq Al-Awsat and Abdullah al-Shaiban | Aug 27, 2016 | Middle East

Aden, Taiz, Najran- Saudi Aramco denied that it was targeted, assuring that all of its facilities are safe and operating normally, in a statement issued on Friday. Aramco’s statement followed claims by Iranian channels that an Aramco oil facility was targeted in...

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Khalid Al-Falih speaks to delegates at the 21st World Energy Congress in Montreal, September 13, 2010. REUTERS/Shaun Best/Files

Falih: Aramco to Issue Underwriting in 2018

by Wael Mahdi | Aug 26, 2016 | Business

Khobar- Saudi Energy Minister Khalid Al-Falih revealed that Aramco shares underwriting might be issued in the beginning of 2018. However, it has not been decided yet in which stocks the underwriting will be conducted. Falih affirmed during a seminar at the U.S.-Saudi...