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Saudi Arabia Tells Aramco to Halt Oil Production Capacity Increase -- Update - Vimarsana News

Saudi Arabia Tells Aramco to Halt Oil Production Capacity Increase -- Update

By Pierre Bertrand Saudi Arabian Oil Co., known as Aramco, said the Saudi government has ordered it not to ramp up its oil production capacity. "Aramco...

Saudi Aramco to Inject $4Bln Into Venture Capital Arm - Vimarsana News

Saudi Aramco to Inject $4Bln Into Venture Capital Arm

By Pierre Bertrand The Saudi Arabian Oil Company said that it will more than double funding of its global venture capital arm, Aramco Ventures. The oil and...

Global Partners to Purchase 25 Terminals From Motiva -- OPIS - Vimarsana News

Global Partners to Purchase 25 Terminals From Motiva -- OPIS

Fast-growing Global Partners LP said Thursday it has signed a deal to acquire 25 petroleum terminals along the Atlantic Coast, Southeast and Texas from...

Saudi Aramco Hikes Oil Prices in Europe, Asia - Vimarsana News

Saudi Aramco Hikes Oil Prices in Europe, Asia

By Yusuf Khan Saudi Arabia raised its November prices for crude oil sales to buyers in Europe and Asia, after saying earlier this week that it would continue...

Motiva Reports FCCU-Related Disruption at Texas Oil Refinery - Vimarsana News

Motiva Reports FCCU-Related Disruption at Texas Oil Refinery

By Dan Molinski Motiva Enterprises on Tuesday reported an operational snag and excessive gas emissions from a gasoline-making unit of its oil refinery in...