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Saudi and Iranian foreign ministers discuss developments in Gaza

This meeting took place on the sidelines of the annual meeting of the World Economic Forum 2024 in Davos, Switzerland. ....

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2023 state of energy in review: Gas and green shift as centerpieces of future mix

Following the global energy crisis in 2022, energy security reigned supreme on countries’ energy agendas during 2023. ....

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Saudi Aramco Shares Inch Up Despite Net Profit Drop

Saudi Aramco on Tuesday reported a 23% fall in third-quarter net profit on the back of lower oil prices and volumes sold, marginally beating analyst estimates and helping prop up its shares in early trade. Aramco issued the results of the third quarter of 2023, which show that the company's net income amounted to SAR122.2 billion ($32.6 billion) in the period, compared to SAR159.1 billion ($42.4 billion) in Q3 of 2022. ....

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Aramco to enter global LNG business by acquiring stake in MidOcean Energy

-Aramco agrees to acquire a strategic minority stake in MidOcean Energy for $500m, with option to increase size of shareholding-Strategic partnership enables Aramco to tap into international LNG opportunitiesAramco, one of the worlds leading ....

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Aramco acquires stake in MidOcean Energy

Aramco acquires stake in MidOcean Energy
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