Saudi Ministry of Energy orders Aramco to maintain oil production at 12 million barrels per day, halting any expansion plans. The move reflects Saudi Arabia's long-term strategy to preserve oil for ...

The kingdom is trying to juggle its still-vital petroleum industry with alternative energy sources like wind and solar as it faces pressure to lower carbon emissions. Arrays of solar panels help power ...

Saudi Arabia cut the price of its flagship crude grade to the lowest level in five years, amid persistent signs of a surplus in global oil markets.

Dublin, Nov. 24, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Oil and Gas Midstream Market Forecast Trends - Market Size, Share, Growth Analysis Report (2025-2034)" report has been added to ...

State-owned Syrian Petroleum Company inks 4 agreements with Saudi companies, according to local media - Anadolu Ajansı ...

SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter, on Sunday slashed its prices for Asian buyers to close to their lowest level in four years, adding to speculation it is seeking to ...

Oil prices – a key driver for Gulf ⁠financial markets – settled lower on Friday, posting a 4% weekly decline as oversupply and hopes for ⁠a potential ‌Russia-Ukraine peace deal outweighed worries over ...

Saudi Arabia’s oil use for power generation fell by around 270,000 b/d in mid-2025, signaling early success in its plan to eliminate 1 million b/d of domestic oil consumption by 2030. The Jafurah gas ...

Saudi Arabia could flood the market with oil to regain control of prices. This would create a difficult situation for Russia, which is reliant on higher crude prices. One analyst suggests the market ...

Saudi Arabia is pushing hard into Asia, ASEAN and the broader Global South in areas such as infrastructure, tourism, ...

Al-Tuwaijri revealed that the National Development Fund's system, which comprises 12 development funds and banks, provided ...

Saudi Arabia's non-oil private sector business activity expanded at its fastest rate in 10 months in November, driven by ...