Thursday 29 January 2015
 
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Aramco to renegotiate contracts; put off projects

Saudi Aramco will renegotiate some contracts and postpone some projects due to falling oil prices, the head of Saudi Arabia's state oil company said on Tuesday. "We will have to adjust to the realities of today, we will p

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Aramco plans natural gas plant in northern Saudi

State-run Saudi Arabian Oil Company (Saudi Aramco) plans to start natural gas production facility at a field in northern Saudi Arabia next year, a report said. This comes as Saudi Arabia is stepping up its investments in gas, the

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Oil market will rebalance itself, in time, says Aramco CEO

It will take some time for the oil market to rebalance, but the market will balance itself, the head of Saudi Arabia's state oil company Saudi Aramco said on Wednesday. Expectations of higher oil prices by many investors have

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Aramco, GE name winners of global tech contest

Aramco Entrepreneurship and GE announced winners of a global technology competition to identify cutting edge desalination solutions using renewable energy at the opening of the Saudi Water & Power Forum in Riyadh. To promote a

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Aramco, GE name winners of global tech contest

Aramco Entrepreneurship and GE announced winners of a global technology competition to identify cutting edge desalination solutions using renewable energy at the opening of the Saudi Water & Power Forum in Riyadh. To promote a

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Aramco halts Ras Tanura clean fuels project

State oil giant Saudi Aramco has suspended plans to build a $2 billion clean fuels plant at its largest oil refinery in Ras Tanura, three industry sources said. The energy project appears to be one of the first suspended in Saudi

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Aramco halts Ras Tanura clean fuels project

State oil giant Saudi Aramco has suspended plans to build a $2 billion clean fuels plant at its largest oil refinery in Ras Tanura, three industry sources said. The energy project appears to be one of the first suspended in Saudi

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Samref completes construction of refinery facility

Saudi Aramco Mobil Refinery Company (Samref) has completed the construction of major desulphurisation facilities in Saudi Arabia, including a new hydrotreater that cuts sulphur levels in gasoline and diesel. A joint venture with e

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Samref completes construction of refinery facility

Saudi Aramco Mobil Refinery Company (Samref) has completed the construction of major desulphurisation facilities in Saudi Arabia, including a new hydrotreater that cuts sulphur levels in gasoline and diesel. A joint venture with e

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Saudi Aramco says oil price cuts announced earlier were correct

Saudi Aramco said it had cut sharply January official selling oil prices for Asia and the US, repeating an earlier announcement that it had appeared to retract.   Aramco said in a statement that a previous messag

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