Aramco has received the “High-Performance Company” award and designation from Willis Towers Watson, the global advisory firm specialising in people management.
Saudi oil giant Aramco has announced the launch of its 98-octane gasoline product, which will begin supplying in January 2026 as part of efforts to expand consumer fuel options and diversify its product portfolio without affecting existing products in the market.
Saudi Aramco Base Oil Company (Luberef) has announced that it has signed an agreement with global oil major Aramco for setting up a base oil plant within its refinery in Jazan city. The deal establishes the framework for technical, commercial, and operational assessments of the project.
Kuwait Petroleum Corporation (KPC) is set to launch an oil pipeline network stake sale as soon as February in a deal that could raise up to $7 billion, said a report. The shift comes as oil prices, down more than 25% in two years, sit below levels needed to fund the Gulf’s diversification plans.
Aramco and Commonwealth LNG have signed a long-term contract for the US LNG developer to supply the world's largest oil exporter with 1 million metric tonnes per annum (mtpa), three people familiar with the deal told Reuters.