On October 9, 2025, Aramco finalized the acquisition of an additional 22.5% stake in Rabigh Refining and Petrochemical Co. (Petro Rabigh) from Japan's Sumitomo Chemical for $702 million. This increases…
AlessandroOctober 10, 2025
A US government shutdown and an OPEC+ decision to increase output have placed downward pressure on oil prices.Despite this, US oil and natural gas production hit record highs in July…
AlessandroOctober 2, 2025