9/5/2024 - The OPEC+ countries, which previously announced additional voluntary cuts in April and November 2023, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and O... |
8/1/2024 - The Joint Ministerial Monitoring Committee (JMMC) reviewed the crude oil production data for the months of May and June 2024 and noted the high overall conformity for participating OPEC and non-OPEC c... |
3/3/2024 - An official source from the Ministry of Energy announced that the Kingdom of Saudi Arabia will extend its voluntary cut of one million barrels per day, which was implemented in July 2023, until the en... |
2/1/2024 - The 52nd Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Thursday, 01 February 2024. The JMMC reviewed the crude oil production data for the mon... |
1/30/2024 - Aramco announces that it has received a directive from the Ministry of Energy to maintain its Maximum Sustainable Capacity (MSC) at 12 million barrels per day (MMBD), and not to continue increasing MS... |
11/30/2023 - An official source from the Ministry of Energy announced that the Kingdom of Saudi Arabia will extend its voluntary cut of one million barrels per day, which was implemented in July 2023, until the en... |
11/5/2023 - ?An official source from the Ministry of Energy announced that the Kingdom of Saudi Arabia will continue the voluntary cut of one million barrels per day, which went into implementation in July 2023 ... |
9/5/2023 - An official source from the Ministry of Energy announced that the Kingdom of Saudi Arabia will extend the voluntary cut of one million barrels per day, which has gone into implementation in July and w... |
8/4/2023 - The Joint Ministerial (Market Monitoring) Committee emanating from the (OPEC +) coalition renewed the commitment of the coalition countries to support the stability and balance of oil markets, while p... |
8/4/2023 - The JMMC reviewed the crude oil production data for the months of May and June 2023 and noted the overall conformity for participating OPEC and non-OPEC countries of the Declaration of Cooperation (Do... |
8/3/2023 - An official source from the Ministry of Energy announced that the Kingdom of Saudi Arabia will extend the voluntary cut of one million barrels per day, which has gone into implementation in July, for ... |
7/3/2023 - An official source from the Ministry of Energy announced that the Kingdom of Saudi Arabia will extend the voluntary cut of one million barrels per day, which has gone into implementation in July, for ... |
3/12/2023 - The Saudi Arabian Oil Company (“Aramco” or “the Company”) today announced its full-year 2022 financial results, reporting a record net income of $161.1 billion — its highest annual profits as a listed... |
8/14/2022 - The Saudi Arabian Oil Company (“Aramco” or “the Company”) today announced its financial results for the second quarter of 2022, posting a 90% year-on-year (YoY) increase in net income and declaring a ... |
8/4/2022 - Saudi Arabia’s Crude Oil Production is at levels only seen twice in history. This is good news for tanker transportation demand. |
6/2/2022 - The 29th OPEC and non-OPEC Ministerial Meeting was held via videoconference on 2 June 2022. The Meeting noted the most recent reopening from lockdowns in major global economic centers. It further note... |
8/8/2021 - The Saudi Arabian Oil Company has announced its second quarter 2021 financial results, reporting a 288% increase
in net income from the same quarter of last year to $25.5 billion and declaring a div... |
3/21/2021 - The Saudi Arabian Oil Company has announced its full-year 2020 results, demonstrating exceptional resilience
despite the macroeconomic impact of COVID-19 and delivering on its intended dividend
pa... |
11/3/2020 - The Saudi Arabian Oil Company announced its financial results for the third quarter of 2020. These results highlight the Company’s financial and operational strength, despite market volatility and the... |
12/25/2019 - Saudi Aramco welcomes the new agreement signed between the Kingdom of Saudi Arabia and the State of Kuwait regarding the Saudi-Kuwaiti Partitioned Zone, which paves the way for the resumption of oil p... |