August 14, 2022
Via: The Wall Street JournalSaudi Arabia’s national oil company on Sunday posted a 90% jump in quarterly profit on the back of high oil prices, generating billions of dollars in cash that is infusing fresh momentum into the kingdom’s ambitious economic makeover and strengthening […]
January 24, 2022
Via: Transport TopicsDemand for oil is nearing pre-COVID levels and producers globally are investing too little in supply, Saudi Aramco said. “We are getting very close to pre-pandemic levels,” CEO Amin Nasser said Jan. 24 in Dhahran, where the world’s biggest oil […]
July 19, 2021
Via: The Wall Street JournalSaudi-owned Motiva Enterprises LLC suspended a $6.6 billion plan to add petrochemical facilities to its refining operations in Port Arthur, Texas, according to people familiar with the matter. The decision to halt the project—which had envisioned the creation of the […]
September 2, 2020
Via: The Wall Street JournalDUBAI—Saudi Arabia’s state oil giant is reviewing plans to expand at home and abroad in the face of sharply lower oil prices and a heavy dividend burden it assumed as part of its recent initial public offering, according to people […]
July 9, 2024
June 25, 2024
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