Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price ...

The oil-price crash is set to have far-reaching consequences for Saudi Arabia’s finances and vast economic ambitions.

In a major move to boost petrochemical output and capture a greater share of global markets, China Petroleum and Chemical ...

Valvoline Global CEO Jamal Muashsher came to the company after a stint at Procter & Gamble, where he sold skincare products.

Saudi Aramco has signed a deal with China’s Sinopec to expand a petrochemicals complex operated by their Yasref joint venture ...

Saudi Aramco and China's Sinopec have signed an agreement to significantly expand their joint venture Yanbu Aramco Sinopec ...

Saudi Arabian oil giant Aramco has made a significant discovery of 14 new oil and natural gas fields and reservoirs within ...

The discoveries include six fields and two reservoirs of Arabian oil and as two fields and four reservoirs of natural gas in ...

Dubai: Saudi Arabia, the world's top oil exporter, on Wednesday unveiled 14 new oil and natural gas discoveries in the ...

In a strategic move to boost capacity to meet the escalating global demand for high-quality petrochemicals, China Petroleum and Chemical Corp (Sinopec) and Saudi Aramco have signed a Venture Framework ...

Saudi Arabia’s authorities announced discovering 14 new oil and natural gas fields and reservoirs in the Eastern Province and ...

A combination of high utilisation rates (92 per cent) and rising day rates (up 9 per cent to $33,100) is driving a strong ...