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Oil giant Aramco is in talks with U.S. firms Tellurian and NextDecade on two separate liquefied natural gas projects as the Saudi firm seeks to boost its gas trading and production, three sources...
Saudi Arabia and its bankers will on Sunday morning start taking orders for as much as $13.1 billion worth of shares in its energy giant Aramco, in a major test of international investor interest in...
DUBAI -Saudi Arabia may announce a landmark secondary share offering in oil giant Aramco later on Thursday, pending final approval from Crown Prince Mohammed bin Salman,...
OPEC+ is working to agree oil production capacity for its member countries by the end of 2024, an issue that has created tensions in the past because each nation's output target is calculated from its...
OPEC+ members aim to resolve oil production capacity issues by the end of 2024, seeking higher quotas due to revenue dependency. Disputes arise from differing capacities; independent assessments from three consultancies will be used to establish fair quotas. Countries like Saudi Arabia and UAE push for capacity recognition, while others face investment constraints.