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The continued increase in development costs of upstream oil projects is testing the economic viability of new oil production. A recent study by Rystad Energy reveals an increase in breakeven costs, while still remaining below current oil prices.
The continued increase in development costs of upstream oil projects is testing the economic viability of new oil production. A recent study by Rystad Energy reveals an increase in breakeven costs, while still remaining below current oil prices.
Saudi Aramco has raised $3 billion via a sukuk issue, despite a drop in oil production. The funds raised are intended to support the company's dividend commitments and capital expenditure projects.
Saudi Aramco has raised $3 billion via a sukuk issue, despite a drop in oil production. The funds raised are intended to support the company's dividend commitments and capital expenditure projects.
Saudi Arabia is changing its oil strategy, abandoning its target of $100 a barrel in order to increase production and regain market share, despite a likely drop in prices.
Saudi Arabia is changing its oil strategy, abandoning its target of $100 a barrel in order to increase production and regain market share, despite a likely drop in prices.
Oil prices fall by 3% as OPEC+ forecasts a production increase as early as December. Saudi Arabia abandons its target of $100 per barrel, putting pressure on the markets.
Oil prices fall by 3% as OPEC+ forecasts a production increase as early as December. Saudi Arabia abandons its target of $100 per barrel, putting pressure on the markets.
BRICS energy ministers focus on the future of global energy markets, highlighting the de-dollarization of trade, despite the challenges of currency fluctuations and the complexity of oil trade.
BRICS energy ministers focus on the future of global energy markets, highlighting the de-dollarization of trade, despite the challenges of currency fluctuations and the complexity of oil trade.
The electrification of oil and gas infrastructures could reduce production-related CO2 emissions by up to 80%, a strategic step forward for the sector, according to a study by Rystad Energy.
The electrification of oil and gas infrastructures could reduce production-related CO2 emissions by up to 80%, a strategic step forward for the sector, according to a study by Rystad Energy.
Saudi Arabian crude oil exports hit their lowest level ever in July, revealing strategic adjustments in the face of uncertain market dynamics. This situation raises crucial questions about the future of the global energy sector.
Saudi Arabian crude oil exports hit their lowest level ever in July, revealing strategic adjustments in the face of uncertain market dynamics. This situation raises crucial questions about the future of the global energy sector.
Saudi Aramco is stepping up its diversification strategy by increasing its stake in liquefied natural gas (LNG), notably through MidOcean Energy and Peru LNG. This initiative responds to the growing demand for LNG, while at the same time being part of a sustainable energy transition.
Saudi Aramco is stepping up its diversification strategy by increasing its stake in liquefied natural gas (LNG), notably through MidOcean Energy and Peru LNG. This initiative responds to the growing demand for LNG, while at the same time being part of a sustainable energy transition.
Saudi Arabia plans to move from a Limited Quantities Agreement to a Full Safeguards Agreement with the IAEA by the end of 2024, marking a turning point in its nuclear policy and responding to international concerns about non-proliferation.
Saudi Arabia plans to move from a Limited Quantities Agreement to a Full Safeguards Agreement with the IAEA by the end of 2024, marking a turning point in its nuclear policy and responding to international concerns about non-proliferation.
Aramco announces a series of partnerships and the deployment of a supercomputer dedicated to artificial intelligence, marking a milestone in the optimization of its industrial processes.
Aramco announces a series of partnerships and the deployment of a supercomputer dedicated to artificial intelligence, marking a milestone in the optimization of its industrial processes.

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