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A service for energy industry professionals · Friday, May 2, 2025 · 808,852,707 Articles · 3+ Million Readers
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Saudi Aramco News Monitoring

  • Published on May 1, 2025

    Grapevine: Mensa Brands plans funding round; Saudi Aramco eyes Indian refineries

    Ananth Narayanan, founder, Mensa Brands Mensa Brands is looking to raise fresh funding and monetize some of its investment while oil giant Saudi Aramco plans to invest $2.8 billion in new refineries being planned by state-run Indian companies Oil & …

    Source: VC Circle - Pending
  • Published on Apr 29, 2025

    China’s Sinopec Signs Joint Venture Agreement with Saudi Aramco Worth $4 Billion

    China's state-run Sinopec said on Monday it had signed an agreement with a unit of Saudi Aramco to establish a joint venture company aimed at operating ports, transporting crude oil, and providing other services related to the sector. The capital of …

    Source: Asharq Al-Awsat - Pro-Government
  • Published on Apr 29, 2025

    Saudi Aramco's unit, Sinopec ink $4B JV deal

    Saudi Aramco's Singapore-based unit, Aramco Asia Singapore Pte. Ltd. (AAS), signed an agreement with China Petroleum & Chemical Corp. (Sinopec) and its unit Fujian Petroleum Chemical Company Ltd. (FPCL) to establish a joint venture (JV) company …

    Source: Eye of Riyadh - Pro-Government
  • Published on 12:15 GMT

    Valaris Limited (NYSE:VAL) Q1 2025 Earnings Call Transcript

    Valaris Limited (NYSE:VAL) Q1 2025 Earnings Call Transcript May 1, 2025 Operator: Good day and welcome to the Valaris First Quarter 2025 Results Conference Call. Today all participants will be in a listen-only mode. [Operator Instructions] Please note that …

    Source: Insider Monkey - Neutral
  • Published on 11:46 GMT

    Xinhua Headlines: Xi's diplomacy injects certainty, stability into turbulent world

    BEIJING, May 2 (Xinhua) -- Chinese President Xi Jinping has engaged in extensive diplomatic efforts both at home and abroad this spring, cementing a closer bond with neighboring countries, advocating unity and cooperation, and injecting certainty and …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on 03:58 GMT

    Report exposes $28 trillion in damage tied to five powerful companies: 'The veil of plausible deniability doesn't exist ...

    "We can actually trace harms back to major emitters." by Christine DulionMay 2, 2025 Heat-trapping pollution from dirty fuel companies caused an estimated $28 trillion in global economic damages from extreme heat alone between 1991 and 2020, and …

    Source: The Cool Down - Oregon - Center-left
  • Published on 03:13 GMT

    Environment group mounts legal challenge to stop massive expansion of Queensland coal mine

    A proposal to expand a Bowen Basin coal mine that would add millions of additional CO2 emissions, clear endangered species habitat and create risks for the Great Barrier Reef is facing a legal challenge from a Queensland environmental group. The Queensland …

    Source: Renew Economy - Pending
  • Published on Apr 28, 2025

    China's Sinopec partners with Saudi Aramco's unit in $4bln JV

    China's state-run Sinopec said on Monday it had signed an agreement with a unit of Saudi Aramco to establish a joint venture company with a registered capital of 28.80 billion yuan ($3.95 billion). The agreement was signed by Sinopec, its unit Fujian …

    Source: Zawya - Indeterminate
  • Published on 01:39 GMT

    Gulf bourses end mixed on oil price fall

    DUBAI: Stock markets in the Gulf ended mixed on Thursday amid falling oil prices and weaker-than-expected US GDP data. The US economy contracted in the first quarter, largely because of a surge in imports as businesses sought to avoid expected tariffs. …

    Source: Business Recorder - Neutral
  • Published on May 1, 2025

    Legacy Oil Producers May Define Next Chapter of Global Supply

    Global oil markets are entering a pivotal phase as exploration-driven reserve replacement lags. With only a few bright spots like Namibia and Guyana, estimates suggest that just 25–30% of the oil consumed each year is currently being offset by new …

    Source: Oil Price - Neutral
  • Published on May 1, 2025

    Mideast Stocks: Gulf bourses end mixed on oil price fall, weak US economic data

    Stock markets in the Gulf ended mixed on Thursday amid falling oil prices and weaker-than-expected U.S. GDP data. The U.S. economy contracted in the first quarter, largely because of a surge in imports as businesses sought to avoid expected tariffs. Risks …

    Source: Zawya - Indeterminate
  • Published on May 1, 2025

    Saudi Arabia, India to deepen energy ties, to set up two oil refineries

    Saudi Arabia and India agreed to deepen energy ties and pursue closer cooperation in areas like tourism and technology as the countries seek to strengthen relations at a time of turbulence for the global economy. An accord was reached to establish two oil …

    Source: Asian Voice - Pending
  • Published on May 1, 2025

    Ogra cuts LPG price by Rs3.20/kg

    ISLAMABAD  -  The government on Wednesday slashed the price of liquified petroleum gas (LPG) by Rs3.20 per kilogramme for both domestic and commercial consumers for the month of May 2025.  According to a notification issued by the Oil and Gas Regulatory …

    Source: The Nation - Pro-Government
  • Published on May 1, 2025

    E&P Notes: May 2025

    Phase 2 of the Baleine Project Boosts Côte d'Ivoire's Gas Volumes Eni and Petroci announced a major boost in gas volumes from the Baleine upstream project to support power generation in Côte d’Ivoire. Launched in December 2024 on schedule and with …

    Source: Journal of Petroleum Technology - Neutral
  • Published on May 1, 2025

    R&D Technical Section Q&A: Quantum Computing—Are We Ready?

    In this article, Gaurav Agrawal and T.S. Ramakrishnan of the SPE Research and Development Technical Section (RDTS) spoke with Madhava Syamlal of QubitSolve, a startup developing quantum solutions for computational fluid dynamics, about the status of …

    Source: Journal of Petroleum Technology - Neutral
  • Published on May 1, 2025

    LPG price reduced by Rs3.2 per kg for May

    ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Wednesday notified reduction in the maximum price for LPG consumers of Rs3.20 per kg for month of May. In a statement, the regulator says that the LPG producer price is linked with Saudi Aramco-CP and …

    Source: Business Recorder - Neutral
  • Published on May 1, 2025

    Govt slashes petrol, diesel prices by Rs2

    ISLAMABAD: The government reduced petrol and diesel prices on Wednesday by Rs2 per litre each for the current fortnight ending May 15. In a late-night announcement, the Ministry of Finance said Ogra had reviewed and adjusted prices for petroleum products …

    Source: Dawn - Center-left
  • Published on May 1, 2025

    Aramco to pick 20% each in new Andhra and Gujarat refineries

    Saudi Aramco may pick up 20% stakes each in the two new large refineries being planned by India’s state-run ONGC and BPCL on the country’s west and east coasts respectively. The move would end the long wait for the world’s largest oil and gas company’s …

    Source: Financial Express - Neutral
  • Published on May 1, 2025

    The Role of State-Owned Giants in the Modern Energy Landscape

    The global oil industry for much of the 20th century was controlled by a powerful cartel of private companies known as the "Seven Sisters." This group long dominated production, pricing, and access to reserves from the Middle East to Latin …

    Source: Oil Price - Neutral

03 days 14:20:11

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