The national oil company purchased 2.1 billion shares of SABIC
oneywell becomes the first international company to produce industrial gas detectors in Saudi Arabia
Foreign Minister Faisal bin Farhan noted a desire to reinstate the Saudi ambassador to Iraq as soon as possible
The countries will stop production for a month as part of measures to reduce oil output
The agreement waives all territorial, technical, commercial exclusivities and any other restrictions previously in place
It is backing Saudi Arabia in a move to stabilise energy markets
The companys income dipped to $16.6 billion for Q1 2020
Aramco agreed to buy a 70% stake in SABIC for $69.1 billion, now valued at around $40 billion
The two nations acted prior to the May 1 deadline set by OPEC+
The 9.7 million barrel per day cuts will not cover demand lost due to coronavirus, but will provide some relief for storage capacity
Mark Weinberg will join the board of Saudi Aramco as an independent member
The dispute between Saudi Arabia and Russia has deepened
The ICAEW has slashed its 2020 growth forecast for Saudi's non-oil sector
We are just days away from the expiration of the current OPEC+ deal
The Memorandum of Understanding covers a mutual cooperation in the Kingdom of Saudi Arabia for the provision of offshore crane services and local construction of KenzFigee offshore cranes and equipment
