The oil market is not focusing on the fact that global spare capacity to raise oil production is very low, Saudi Aramco's Chief Executive said on Tuesday, with Shell's chief executive saying ...

Asked if China and India have sought additional oil volumes from Saudi Arabia on the back of the sanctions, Nasser said Aramco is bound by the levels the kingdom's energy ministry allows it to pump.

Mr Al Naimi's estimate of its remaining reserves was greater than many analysts had thought, possibly indicating the state oil company, Saudi Aramco has been able to increase its expected recovery ...

LONDON, Sept 8 (Reuters) - When oil giant Saudi Aramco discloses its financials for the first time next year, it must either surprise investors with world record profits or reduce its aspirations ...

Saudi Arabia's Vision 2030 program includes unlocking about $1.3T in mineral resources and a focus on EVs, to diversify its economy from oil to other sectors. The country is building an EV ...

China is still driving growth in global oil demand, the head of Saudi Aramco said, dismissing concerns about peaking consumption in the world’s biggest energy user. “We still see good demand c ...

Saudi Aramco got its start in the 1930s when Standard Oil of California found large petroleum deposits while conducting operations at the behest of the government of Saudi Arabia. Today ...