Saudi Aramco benefits from switch to more natural gas and quest for LNG as gas contract awarded and shares rise
Saudi Arabian Oil Company (Saudi Aramco), the largest oil exporter, is benefiting from the decision to switch to more natural gas as Aramco shares rose after the June share offering and gas plans were advanced by the award of an engineering contract to a unit of Chinese major Sinopec.
Saudi Aramco posts $11.8Bln profits and reports record natural gas output and more gas discoveries
The Saudi Arabian Oil Company, Saudi Aramco, posted third-quarter net income of $11.8 billion as it planned future LNG and natural gas as well as new energy projects and reported record one-day output at one of its gas fields and more gas discoveries.
Saudi Aramco issues expression of interest to shipping sector for 12 LNG carrier charters
Saudi Aramco, the world’s largest oil company that recently listed its shares and with plans to be a supplier and trader of liquefied natural gas, has issued an expression of interest to charter up to 12 LNG carriers.
