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Saudi Arabia has seen an explosion at a major oil processing plant in the kingdom's east.
Saudi Arabia has chosen banks to take part in the much touted IPO of Aramco.
Saudi Aramco will be ready for an IPO when the government is, the company's chief has said.
Saudi Arabia's sovereign wealth fund is the cornerstone of Mohammed bin Salman's planned economic vision.
Saudi Aramco says its profits for the first half of 2019 have fallen in comparison to the same period for 2018.
Saudi Arabia's state owned oil company will begin buying liquid natural gas from San Diego-based Sempra Energy, under a 20 year agreement.
Saudi energy giant Aramco is undergoing a strategic transformation responding to shifts in the global energy sector.
![Gas fires light the sky [Getty]](/sites/default/files/styles/large_16_9/public/media/images/077C8457-CAB5-482C-8E98-301569B023CD.jpg?h=d1cb525d&itok=qscW0UFL "Gas fires light the sky [Getty]")
Saudi state oil and gas giant Aramco has announced it will purchase a majority stake in petrochemicals behemoth SABIC for $69.1 billion.
Saudi Arabia needs a huge cash injection of $150 billion to realise ambitious plans to make the kingdom a gas exporter.
Essam al-Zamil was accused of joining the Muslim Brotherhood, inciting local protests in the kingdom and communicating with neighbouring Qatar.