U.S. Oil Fund: Time To Take Profits (Rating Downgrade): The easy money has been made in USO and it's time to sell and take profits, with more upside leverage in ...
seekingalpha.com/article/4682540-us-oil-fund-time-to-take-profits-rating-downgrade
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Aramco invests $7.7 billion in Fadhili Gas plant expansion to boost capacity: This ambitious project aims to enhance the plant's processing capacity by 1 ...
saudigazette.com.sa/article/641747
Shell, Aramco in final stage of Pavilion Energy talks- sources: Shell and Saudi Aramco , which are competing to buy the assets of Temasek-owned liquefied natural ...
reuters.com/markets/deals/shell-aramco-final-stage-pavilion-energy-talks-sources-2024-04-05/
Aramco awards $7.7 bln in contracts for Fadhili gas expansion: Saudi Aramco has awarded $7.7 billion in contracts to expand its Fadhili gas plant's processing ...
reuters.com/markets/commodities/aramco-awards-77-bln-contracts-fadhili-gas-expansion-2024-04-02/
Shell, Aramco in final stage of Pavilion Energy talks - sources tell Reuters: LONDON/SINGAPORE: Shell and Saudi Aramco, which are competing to buy the assets of ...
arabnews.com/node/2489871/business-economy
Saudi Arabia raises May crude oil OSPs to Asian, Med buyers: Saudi Arabia has raised the official selling price (OSP) for its flagship Arab Light crude oil for ...
reuters.com/business/energy/saudi-arabia-raises-may-crude-oil-osps-asian-med-buyers-2024-04-05/
Saudi Arabia may hike May crude oil prices to Asia: Top oil exporter Saudi Arabia may raise the official selling price (OSP) for flagship Arab Light crude in May ...
reuters.com/markets/commodities/saudi-arabia-may-hike-may-crude-oil-prices-asia-2024-04-01/
Aston Martin and Fernando Alonso share ‘determination’ for F1 success: The news that Fernando Alonso is back to Aston Martin on a multi-year deal fits with the ...
sbnation.com/formula-one/2024/4/11/24127533/aston-martin-fernando-alonso-f1-news-contract
ALONSO STAYS 💚✍️
The Spaniard has signed a new multi-year deal with Aston Martin Aramco Formula One Team#Alonso #F1
Saudi Aramco reviewing its production operational plans: RIYADH: Energy firm Saudi Aramco is potentially reviewing operational strategies as the oil giant ...
arabnews.com/node/2488021/business-economy
Aramco Japan spices up Tokyo restaurant to raise its profile: TOKYO: On Sunday, April 7, Japan will host the F1 Grand Prix at the Suzuka Circuit near Nagoya. And ...
arabnews.com/node/2488076/world
Larry Fink's BlackRock Hunts for Growth in Saudi Investment Boom: The kingdom is plowing billions into infrastructure and investments—and Larry Fink is out ...
bloomberg.com/news/articles/2024-04-16/larry-fink-s-blackrock-hunts-for-growth-in-saudi-investment-boom
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Global Oil Markets Waver Under Geopolitical Tensions and Economic Surprises: On April 16, global oil markets exhibited minimal fluctuations, influenced by a ...
riotimesonline.com/global-oil-markets-waver-under-geopolitical-tensions-and-economic-surprises/
Airbnb, Hotel Bookings Soar for Solar Eclipse But Summer Travel May Weak: Airbnb’s zone of booking totality is huge now, but the summer might be a different ...
bloomberg.com/news/newsletters/2024-04-08/airbnb-hotel-bookings-soar-for-solar-eclipse-but-summer-travel-may-weak
Clariant: The miserable share price performance is a talking point at the AGM: Günter von Au receives a warning as Chairman at the Annual General Meeting of the ...
nzz.ch/wirtschaft/clariant-die-miserable-kursentwicklung-gibt-an-der-gv-zu-reden-ld.1825564
'Sands of Fortune' explores the story behind the discovery of oil in Saudi Arabia and the birth of the country’s petroleum and natural gas giant Aramco
PGA Tour — LIV Golf Uneasy Truce Looms Over 2024 Masters: First the PGA Tour and the upstart LIV Golf were implacable enemies. Then they were going to work ...
bloomberg.com/news/features/2024-04-06/pga-tour-liv-golf-uneasy-truce-looms-over-2024-masters
Most carbon dioxide emissions linked to 57 entities: Research: Eighty percent of worldwide carbon emissions since 2016 are attributable to fewer than 60 ...
thehill.com/policy/energy-environment/4574476-most-carbon-dioxide-emissions-linked-57-entities-research/
Aramco Oil Traders Stage Walkout in Houston Over Bonus Pay: Several oil traders in Saudi Aramco’s Houston office staged a brief walkout last week after receiving ...
bloomberg.com/news/articles/2024-04-02/aramco-oil-traders-stage-walkout-in-houston-amid-bonus-dispute
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Suspension notice for Valaris joint venture: Aro Drilling, Valaris Limited’s joint venture in Saudi Arabia, has received a notice of suspension from Aramco for ...
royalgazette.com/international-business/business/article/20240405/suspension-notice-for-valaris-joint-venture/
Majority of recent CO2 emissions linked to just 57 producers, report says: The world's top three CO2-emitting companies in the period were state-owned oil ...
rappler.com/environment/majority-recent-co2-emissions-linked-producers/
Unfathomable Evil| Countercurrents: At CERA-Week the Aramco CEO Amin Nasser gave definitive proof that the energy transition was failing:
countercurrents.org/2024/04/unfathomable-evil/
Govt cuts LPG prices by 2.5% amid Saudi Aramco’s price drop: ISLAMABAD: Pakistan, as an importer, has lowered the prices of Liquefied Petroleum Gas by 2 ...
thenews.com.pk/print/1174516-govt-cuts-lpg-prices-by-2-5-amid-saudi-aramco-s-price-drop
U.S. Oil’s Global Ascent: Amid sanctions on Russian and Venezuelan oil, U.S. suppliers are making significant inroads into markets once led by OPEC+.
riotimesonline.com/u-s-oils-global-ascent/
‘We should abandon the fantasy’: Oil giants scale back climate pledges: After years of promises that they were on board for the green transition ...
smh.com.au/environment/climate-change/we-should-abandon-the-fantasy-oil-giants-scale-back-climate-pledges-20240327-p5ffoz.html
Welspun Corp's unit, Saudi Aramco scrap $41 million steel pipe contract: Welspun did not disclose the reason for the cancellation of the contract ...
business-standard.com/companies/news/welspun-corp-s-unit-saudi-aramco-scrap-41-million-steel-pipe-contract-124032201187_1.html
Borr Drilling: Downgrading On Potential Saudi Aramco Jackup Market Impact: Borr Drilling's Q4 results exceed expectations, but uncertainty in Saudi Arabia may ...
seekingalpha.com/article/4681257-borr-drilling-downgrading-stock-potential-saudi-aramco-jackup-market-impact
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PGA’s Monahan Had Constructive Talks With Saudi's PIF About Possible Investment
bloomberg.com/news/articles/2024-03-19/pga-s-monahan-had-constructive-talks-with-pif-s-al-rumayyan
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Aramco announces $121 billion profit in 2023, Saudi oil giant's 2nd highest on record
pbs.org/newshour/economy/aramco-announces-121-billion-profit-in-2023-saudi-oil-giants-2nd-highest-on-record
Quick Glance: Aramco Reports $121 Billion Profit in 2023
- Saudi oil giant Aramco reports profit decrease due to lower energy prices.
- Still the second-highest result in the company's history.
- Lower results impact Saudi Arabia's development plans to reduce oil reliance.
- Aramco plans to increase dividends for shareholders despite lower profits.
Aramco in Talks for US LNG Projects as Mideast Gas Race Heats Up: Saudi Aramco is in talks with companies for liquefied natural gas projects in the US as it ...
bloomberg.com/news/articles/2024-03-10/aramco-in-talks-for-us-lng-projects-as-mideast-gas-race-heats-up
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Aramco CEO calls energy transition strategy a failure | kuwaittimes: Aramco CEO calls energy transition strategy a failure - World - HOUSTON: Pointing to the ...
kuwaittimes.com/article/12280/world/middle-east/aramco-ceo-calls-energy-transition-strategy-a-failure/
Saudi Arabia plans $40 bln push into artificial intelligence, NYT reports: Saudi Arabia's government plans to create a fund of about $40 billion to invest in ...
reuters.com/world/middle-east/saudi-arabia-plans-40-bln-push-into-artificial-intelligence-nyt-reports-2024-03-19/
Saudi Aramco gas output to rise 60% by 2030 - Exec: Saudi state energy giant Saudi Aramco will increase gas output by 60% by 2030, Aramco's Executive Vice ...
reuters.com/business/energy/ceraweek-saudi-aramco-gas-output-rise-60-by-2030-exec-2024-03-20/
Why opposition has reignited debate on Sh200bn Saudi oil deal: Kenya paid over Sh210 billion to three Gulf companies under a G2G import credit scheme.
nation.africa/kenya/news/why-opposition-has-reignited-debate-on-sh200bn-saudi-oil-deal-4572088
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CERAWEEK Saudi Aramco CEO says no peak in oil demand for some time to come: Global oil demand will not peak for some time so policy makers need to ensure ...
reuters.com/business/energy/ceraweek-saudi-aramco-ceo-argues-re-set-energy-transition-timetables-2024-03-18/
Quick Glance: Saudi Aramco CEO Disputes Peak in Oil Demand
- Saudi Aramco CEO Amin Nasser emphasized at the CERAWeek conference in Houston that global oil demand will not peak for the foreseeable future.
- Nasser urged policymakers to ensure sufficient investment in oil and gas to meet consumption needs and to abandon the fantasy of phasing out fossil fuels.
- He forecasted a new record of 104 million barrels of oil per day in 2024 and argued that the peak of oil demand is unlikely by 2030.
- Nasser stated that reducing greenhouse gas emissions from hydrocarbons through technologies like carbon capture achieves better results than alternative energies.
Saudi Aramco CEO Amin Nasser says energy transition strategy ‘visibly failing’: Pointing to the still paltry share of renewable energy in global supply ...
english.alarabiya.net/News/saudi-arabia/2024/03/28/Saudi-Aramco-CEO-Amin-Nasser-says-energy-transition-strategy-visibly-failing-
Saudi Aramco’s $100 Billion Payout Has Investors Grappling for Answers: The promise of higher returns and concerns about government control pose questions ahead ...
bloomberg.com/news/newsletters/2024-03-11/saudi-aramco-s-100-billion-payout-has-investors-grappling-for-answers
Oil Prices Rise on Supply Cuts: Oil prices jumped more than $1 per barrel Thursday, ending the month higher. OPEC+'s ongoing production cuts
riotimesonline.com/oil-prices-rise-on-supply-cuts/
President Nasser: #Saudi Aramco wants to be first partner in #China ’s economic development journey saudigazette.com.sa/article/641520
Saudi Arabia's crown prince transfers another 8% of Aramco shares to sovereign wealth fund
apnews.com/article/saudi-arabia-aramco-shares-pif-adf6b2e41e4f0b70863f99126bba5365
Saudi Aramco launches first marine fuel station for vessels in Saudi Arabia: JEDDAH: Saudi Aramco launched Aramco Marina on Saturday — the first station in the ...
arab.news/nqx3m
Aramco CEO Nasser Says Energy Transition Is ‘Visibly Failing’: Saudi Aramco Chief Executive Officer Amin Nasser said the global energy transition is “visibly ...
bloomberg.com/news/articles/2024-03-18/aramco-ceo-nasser-says-energy-transition-is-visibly-failing
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Saudi #Aramco Chief: We should abandon the fantasy of phasing out oil and gas saudigazette.com.sa/article/641350
Majority of energy executives expect world to reach net-zero by 2060: RIYADH: Around 62 percent of executives in the energy sector expect the world to reach ...
arabnews.com/node/2485546/business-economy
Is Saudi Aramco cooling on crude oil?: Don’t bet on it
economist.com/business/2024/03/11/is-saudi-aramco-cooling-on-crude-oil
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Big Oil’s green-bashing stokes backlash as campaigners hit out at 'talking points from the 1970s'
cnbc.com/2024/03/20/big-oils-green-bashing-at-texas-energy-conference-stokes-backlash.html
Exclusive: Gulf oil giants Saudi Aramco, Adnoc set sights on lithium: Saudi Arabia and the United Arab Emirates' national oil companies plan to extract lithium ...
reuters.com/markets/commodities/gulf-oil-giants-saudi-aramco-adnoc-set-sights-lithium-2024-03-08/
Zalando, Inditex Margins and Aramco’s Capex: EMEA Earnings Week Ahead: Fashion retailers Zalando SE and Inditex SA take up the mantle next week as Europe’s ...
bloomberg.com/news/articles/2024-03-08/fast-fashion-margins-aramco-s-capex-to-dominate-in-emea-earnings-next-week
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Egypt bourse hits record high after IMF deal, Aramco lifts Saudi: Egyptian stocks closed at a record high on Sunday to lead Middle Eastern bourses ...
reuters.com/world/middle-east/egypt-bourse-hits-record-high-after-imf-deal-aramco-lifts-saudi-2024-03-10/
Saudi Aramco plans to meet full contractual crude oil volumes to most Asian buyers in April, but will reduce supply of heavier oil to Chinese and Indian ... Show more
Is Saudi Aramco cooling on crude oil?: Don’t bet on it
economist.com/business/2024/03/11/is-saudi-aramco-cooling-on-crude-oil
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Nvidia has claimed another milestone by overtaking Saudi Aramco in market value, making the chipmaker the world’s third-most valuable public company after ... Show more yhoo.it/3V0576s
OPEC to Extend Oil Production Cuts Through June: Saudi Arabia’s announcement appears to be aimed at bolstering oil prices as growth in demand remains modest.
nytimes.com/2024/03/03/business/opec-oil-production-cuts.html
Quick Glance: OPEC+ extends voluntary oil output cuts to mid-year
- Major oil producers and OPEC+ members, led by Saudi Arabia and Russia, agreed to extend voluntary oil output cuts of 2.2 million barrels per day (bpd) into the second quarter.
- Russia will cut oil production and exports by an extra 471,000 bpd in the second quarter, with production cuts making up a rising proportion of the measure.
- Oil finds support from rising geopolitical tensions and Houthi attacks on Red Sea shipping, while economic growth concerns persist.
- OPEC members announced the cuts individually on Sunday to support the market.
Saudi Aramco completes acquisition of 100% equity stake in Chile’s Esmax: LONDON: Saudi Aramco successfully completed the acquisition of a 100 percent equity ...
arabnews.com/node/2469476/business-economy
Deputy minister of industry and #Aramco officials discuss National Industrial Strategy saudigazette.com.sa/article/641171/SAUDI-ARABIA/Deputy-minister-of-industry-and-Aramco-officials-discuss-National-Industrial-Strategy-nbsp
Saudi #Aramco introduces first artificial intelligence model in the industrial sectorsaudigazette.com.sa/article/640901
Saudi Aramco invests in US climate tech company: The startup constructs direct air capture machines designed to extract carbon dioxide
gulfnews.com/business/markets/saudi-aramco-invests-in-us-climate-tech-company-1.1710331004073
Saudi Aramco signs supply agreements worth $6 billion: Saudi state oil company Aramco has signed procurement agreements worth $6 billion with local vendors ...
reuters.com/business/energy/saudi-aramco-signs-supply-agreements-worth-6-billion-2024-02-27/
A ‘Very Engaged’ Tiger Woods Hosted PGA Tour/PIF Bahamas Meeting and Played Golf With Yasir Al-Rumayyan
si.com/golf/2024/03/20/tiger-woods-hosted-pga-tour-pif-bahamas-meeting-yasir-al-rumayyan
Quick Glance: Tiger Woods 'very engaged' at PIF-PGA Tour talks
- Webb Simpson reveals insights from a PGA Tour players' meeting with Yasir Al-Rumayyan, governor of Public Investment Fund (PIF), where Tiger Woods was 'very engaged'.
- Since LIV Golf's inaugural event at Centurion Club two years ago, a multitude of PGA Tour stars have joined the league, leaving the PGA Tour with a diminished roster.
- Discussions to mend rifts in golf commenced last June, with PIF, PGA, and DP World Tour unveiling a framework agreement to unify golf globally.
- Despite some PGA Tour players believing the tour didn't require PIF investment post the Strategic Sports Group deal, Simpson expressed concerns about the dangers of not engaging with PIF just a fortnight ago.
#SaudiArabia confirms additional reserves of proven gas and condensate in #Jafurah field.saudigazette.com.sa/article/640673
Saudi Aramco introduces world’s first industrial AI model: The model has 250 billion parameters to make predictions and generate outputs
gulfnews.com/business/markets/saudi-aramco-introduces-worlds-first-industrial-ai-model-1.1709801947071
Exclusive: Saudi Aramco, UAE's ADNOC in talks to invest in US LNG projects, sources say
reuters.com/markets/deals/saudi-aramco-uaes-adnoc-talks-invest-us-lng-projects-sources-say-2024-03-06/
Nvidia has claimed another milestone by overtaking Saudi Aramco in market value, making the chipmaker the world’s third-most valuable public company after ... Show more yhoo.it/4a1mcBi
At Saudi Aramco's Jafurah field, another 15 trln standard cubic feet of gas reserves proven
reuters.com/business/energy/saudi-aramcos-jafurah-field-another-15-trln-standard-cubic-feet-gas-reserves-2024-02-25/
Alfanar Engineering Services awarded at SATORP ceremony: Known for its outstanding projects execution, Alfanar Engineering Services, a leading engineering ...
arabnews.com/node/2466036/corporate-news
Aramco May Sell Bonds This Year With Focus on Long Maturities: Saudi Aramco may sell bonds this year as financial markets have improved and the company looks to ...
trib.al/G56EAau
Aramco’s Capacity Halt Due to Energy Transition, Minister Says: Saudi Aramco’s decision to halt an expansion of its output capacity is because of the energy ...
trib.al/7MrilWg
#US investments make up 40% of PIF's international portfolio, says Yasir Al-Rumayyan.saudigazette.com.sa/article/640639/SAUDI-ARABIA/US-investments-make-up-40-of-PIFs-international-portfolio-says-Yasir-Al-Rumayyan
Abu Dhabi's Taqa to build electricity and steam generation plant in Saudi Arabia's Jubail
gulfnews.com/business/energy/abu-dhabis-taqa-to-build-electricity-and-steam-generation-plant-in-saudi-arabias-jubail-1.1711602368919
CX Daily: China IPO Slowdown Pits Startups Against Investors - mailchi.mp/caixin/cx-daily-june-9-asias-ruined-run-of-pandemic-success-279504
Working hours would continue the same without change; Saudi Aramco clarifies: The official working hours for the employees of Saudi Aramco would continue to ...
saudigazette.com.sa/article/640495
Lynch: The PGA Tour is facing the toughest decision with LIV Golf. Should players be making that call?
golfweek.usatoday.com/2024/03/23/lynch-pga-tour-facing-toughest-decision-liv-players-shouldnt-make-decision/
LTIMindtree-Aramco JV to work on enhancing women employment in Saudi Arabia: The joint venture of tech consulting firm LTIMindtree and Aramco will mirror India's ...
business-standard.com/companies/news/ltimindtree-aramco-jv-to-work-on-enhancing-women-employment-in-saudi-arabia-124032400290_1.html
Aramco eyes production of all energy sources, CEO says: RIYADH: Saudi Arabian Oil Co. is eyeing for continuity in the production of all types of energy including ...
arabnews.com/node/2458531/business-economy
Players Championship: Jordan Spieth confirms player directors are 'strongly encouraged' to meet with PIF's Al-Rumayyan
golfdigest.com/story/jordan-spieth-pga-tour-meeting-yasir-al-rumayyan-pif-liv-2024-players-championship
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