Saudi Aramco

For the first time since World War 2, Royal Dutch Shell RDSa. cut its dividend on Thursday as the energy company retrenched in the face of an unprecedented drop in oil demand due to the coronavirus pandemic. The company also suspended…

Saudi Aramco 2222.SE shares fell 10% on Monday after Saudi Arabia slashed its official selling prices for crude and set out plans for a dramatic increase in oil production next month, prompting a sharp drop in prices. Shares in Aramco…

Saudi Aramco is launching the biggest shale gas development outside of the United States to boost domestic gas supply and end the burning of oil at its power generation plants, Chief Executive Officer Amin Nasser told Reuters on Monday.…

Saudi Aramco plans to change the formula used to price its long-term crude oil sales to Asia later this year, multiple trade sources said on Wednesday. The new formula will be based on the average monthly prices of Oman crude futures…