President Donald Trump's global trade war has created tumult in the oil market that Saudi Arabia did not seek, but can turn ...

Saudi Arabian state energy giant Aramco has made its long-mooted dive into LNG by firming up a planned buy of long-term volumes from incoming US producer NextDecade. A subsidiary of Aramco has inked a ...

Saudi Arabian state energy giant Aramco has made its long-mooted dive into the LNG by firming up a planned buy of long-term volumes from incoming US producer NextDecade.

NextDecade signed a 20-year liquefied natural gas sale and purchase agreement with a Saudi Aramco subsidiary for offtake from ...

Saudi Arabia is still dependent on oil revenues, so weak crude prices may make it harder to fund its ambitious ventures such ...

The price decline threatens to erase tens of billions of dollars of Saudi revenue, along with a planned drop in dividends ...

Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after ...

Oil prices plunged nearly 4 per cent on Monday as Saudi Arabia cut the official selling prices for its oil by the most in ...

Saudi Arabia slashed its flagship oil price by the most in more than two years, just days after the OPEC+ alliance announced ...

At the same time, the government has extended the contracts for the three Gulf oil firms to the end of 2027. It is the third ...

Kenya has renewed a contract to purchase fuel on credit from three state-owned Gulf firms by 24 months and renegotiated lower ...

The discovery supports Saudi Arabia's Vision 2030 strategy, which focuses on reducing the nation's heavy reliance on oil by ...