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Saudi oil giant Aramco sees profits soar by almost 300%

2021-08-09 07:13:52| BBC News | Business | UK Edition

The results were boosted by a rise in oil prices and a recovery in demand after the pandemic.

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Hackers reportedly demand $50m from Saudi Aramco over data leak

2021-07-22 10:21:56| BBC News | Business | UK Edition

The world's most valuable oil producer confirmed to the BBC that company files had been leaked.

Tags: data demand saudi 50m

 
 

OPEC+ Agrees to Oil Supply Boost after UAE, Saudi Compromise

2021-07-19 11:15:00| OGI

The group, which includes OPEC countries and allies like Russia, crucially agreed new production allocations from May 2022 after Saudi Arabia and others agreed to a request from the UAE.

Tags: supply oil saudi boost

 

Saudi Arabia, UAE Reach Compromise over OPEC+ Oil Policy: Report

2021-07-14 17:30:00| OGI

Saudi Arabia and the UAE are reported to have reached a compromise to unlock more oil supply after OPEC+ talks this month were abandoned due to a dispute between the two countries, says source.

Tags: policy report reach oil

 

Saudi Telecom stake could be for sale as sovereign fund seeks divestment

2021-06-22 02:00:00| Total Telecom industry news

Sources speaking to Reuters are reporting that Saudi Arabia’s PIF has hired the services of Goldman Sachs and the Saudi National Bank in order to consider a sale of part of their 70% stake in Saudi Telecom…read more on TotalTele.com »

Tags: sale fund telecom saudi

 

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