Citi Research has cut its estimate on Saudi Aramco’s Q2 net profit to $22.8 billion, from $27.8 billion earlier, as lower crude prices offset the benefits of increased oil production and strengthening ...

H1 revenue accelerated 41% year on year, and net profit climbed 16% <li /> Backlog stood at AED 49.9 billion, with AED 13.9 ...

US-based Allrig, a global asset management firm serving the energy sector, has expanded its operations in Saudi Arabia by ...

Haradh GOSP-3 onshore expansion would boost plant's oil production capacity by 100,000 barrels per day to 420,000 bpd ...

BP's Castrol unit has secured a bid from US private equity firm One Rock Capital Partners, one of the few remaining bidders ...

Yemen's Huthi rebels launched two attacks targeting Israel's main airport, the latest on Tuesday, with the Israeli army intercepting both, a day after striking the rebel-held Yemeni port of ...

Non-institutional foreign investors decreased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.26% ...

A recent ranking has released the list of the world's top 10 largest refineries by capacity, including the 650,000 ...