Saudi Arabia is expected to significantly raise its official selling prices for crude oil to Asia in March due to tightening supply and rising benchmark prices.
Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in March to their highest in more than a year after benchmark prices spiked on higher demand from China and India as U.S. sanctions disrupted Russian supply,
Saudi Arabia's state oil company Aramco bought its first cargo of WTI Midland, a U.S. crude oil grade that underpins the global Brent benchmark, oil-index publisher S&P Global Commodity Insights said on Wednesday.
Saudi Aramco (ARMCO) plans to boost investments in lithium production, the Financial Times reported, citing three people close to the company, as the world's biggest oil company eyes developing its own supply chain for the metal that powers electric vehicle batteries.
Saudi Aramco, the world’s largest oil company, is to expand its investments in lithium production in the race to build a supply chain for the metal vital for batteries to power electric cars. China controls about two-thirds of the market in lithium processing,
The signing ceremony took place at the iktva Forum & Exhibition held in Dhahran Expo from 13-16 January 2025 The advanced KINGDOM 3 offshore jack-up rig is the first to be built in Saudi Arabia Dhahran,
Saudi Arabia has increased the valuation of its unexploited mineral resources from $1.3 trillion to $2.5 trillion.
Contract running through to 2028 will support work to increase and maintain the maximum sustainable capacity across the Shaybah field’s four GOSPs, power plant and well injection facilities
State oil giant Aramco and Saudi mining company Ma’aden have joined forces to explore and produce energy transition minerals.
Mitsubishi Power underscores its advances in innovation, localization and sustainability for the Kingdom of Saudi Arabia aligned with the IKTVA Forum
As part of the IKTVA programme, 210 localisation opportunities have been identified within 12 sectors, with an estimated annual market size of $28 billion, Aramco said
Aramco's lithium extraction venture, driven by the startup Lihytech, aims at developing commercially viable production methods by 2027 with collaborations with Saudi mining firms. The initiative reflects Saudi Arabia's efforts to diversify its economy,