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...As the west tries to reduce its oil consumption, Saudi Aramco has turned to China and other markets for growth....
...Longi already has factories in Vietnam and Malaysia, a joint venture with Invenergy in Ohio and sales offices in the US, Australia, Japan, India and the UAE....
..., part of Saudi energy group Aramco....
...Saudi Aramco is beefing up its global venture capital arm with a $4bn cash injection as part of a wider push to diversify the kingdom’s oil-dependent economy....
...“We need to support the Global South,” said Amin Nasser, chief executive of the world’s largest oil producer, Saudi Aramco....
...State-run Saudi Aramco on Tuesday said it had been asked by the energy ministry to abandon a plan to increase its maximum sustainable production capacity from 12mn barrels a day to 13mn b/d by 2027....
...Good morning and welcome back to Energy Source, coming to you from Brussels and London, where this weekend I covered Saudi Aramco’s dividend-filled earnings....
...Saudi Aramco has a message for climate campaigners: Your protests are not getting rid of us anytime soon....
...It follows a series of Saudi investments in football, golf, motor racing and combat sports, which have included Golf Saudi, the Saudi sovereign wealth fund and state oil company Saudi Aramco backing female...
...The powerful Public Investment Fund, which is leading the development push, and state-run energy giant Saudi Aramco were also not counted as government bodies, meaning they can follow their own procurement...
...oil group Saudi Aramco, which was followed by a $50mn ransom demand....
...“We should abandon the fantasy of phasing out oil and gas and, instead, invest in them adequately reflecting realistic demand assumptions,” Amin Nasser, chief executive of Saudi Aramco, the world’s biggest...
...Saudi Arabia’s energy ministry on Tuesday asked the state oil company Saudi Aramco to halt a planned 1mn barrels per day expansion in oil production to 13mn b/d. This had been due by 2027....
...The move has been led by Saudi Arabia, which requires a high oil price in order to help pay for its big spending programmes, for instance on new cities or football....
...The Oil and Gas Climate Initiative, which includes Shell, Saudi Aramco and ExxonMobil among its members, told the Financial Times it plans to extend its year-long monitoring campaign, which ended in August...
...Saudi Arabia is gearing up to exploit what it estimates are $2.5tn of domestic mineral assets with the help of the world’s largest oil exporter, Saudi Aramco, alongside state mining group Ma’aden....
...In January, state-run Saudi Aramco paused a plan to expand the kingdom’s oil production capacity, in a move that some experts viewed as a recognition that it already has ample unused potential....
...Colin Neville, Raine’s Yale-educated head of sports, is advising golfers as the US PGA Tour tries to map out a future in the face of new competition from an upstart backed by Saudi Arabia’s sovereign wealth...
...Increasing the proportion of its oil used for chemicals production rather than burnt for energy could help Aramco reduce its carbon emissions....
...Reach us at energy.source@ft.com and follow us on X at @FTEnergy. Catch up on past editions of the newsletter here....
...BlackRock has named Amin Nasser, chief executive of Saudi Aramco, an independent director, as the $9.4tn money manager looks to bolster Middle East expertise on its board and fight US Republican claims that...
...Meanwhile Aramco Ventures, a subsidiary of Saudi Arabia’s oil company Saudi Aramco, in October led a $10mn fundraising round in Redex, a Singapore-based provider of services to manage renewable energy certificates...
...At the start of last week, the head of the world’s largest oil company, Saudi Aramco, was applauded when he told the CERAWeek energy conference in Houston it was time to “abandon the fantasy of phasing out...
...cheque yet for AI start-up Anthropic (FT) Janet Yellen warns China against clean energy dumping (FT) Xi Jinping tells US CEOs that China’s growth prospects remain ‘bright’ (FT) Tom Hayes loses appeal...
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