Saudi Aramco is poised to raise at least $11.2 billion through a significant stock offering, the largest global deal of its kind in three years. This...
Saudi Arabia’s state-owned oil company, Aramco, has decided to suspend its ambitious plan to boost oil production capacity to 13 million barrels per day (bpd) as...
Apple loses its top position as number one in the wake of a broad sell-off in technology stocks
Even before the pandemic, the oil and gas industry was faced with slumping prices. However, with a record collapse in oil demand amid the lockdowns, the...