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Saudi Aramco to Cut Spending as Profit Drops 44.4%

March 22, 2021

Illustration: A Saudi Aramco offshore oil field - Credit: Saudi Aramco
Illustration: A Saudi Aramco offshore oil field - Credit: Saudi Aramco

Current News

US-Israel War on Iran Creates Biggest Energy Crisis in History

US-Israel War on Iran Creates Biggest Energy Crisis in History

Jadestone Secures Gas Sales Deal for Fields Offshore Vietnam

Jadestone Secures Gas Sales Deal for Fields Offshore Vietnam

Oil Flows to Lag Even if Hormuz Strait Reopens

Oil Flows to Lag Even if Hormuz Strait Reopens

Eni Makes Major Gas Discovery Offshore Indonesia

Eni Makes Major Gas Discovery Offshore Indonesia

Strike Threat Grows at Ichthys LNG after Workers Reject Deal

Strike Threat Grows at Ichthys LNG after Workers Reject Deal

Pertamina Unit to Operate Indonesia’s Lavender Block under 30-Year PSC

Pertamina Unit to Operate Indonesia’s Lavender Block under 30-Year PSC

MidEast Energy Output Recovery to Take Two Years, IEA Says

MidEast Energy Output Recovery to Take Two Years, IEA Says

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Gold falls on strong dollar ahead of tentative US Iran talks
Retail sales in the US are boosted by a record surge in gasoline receipts in March
As dollar yields and gold prices rise, the US-Iran tentative talks are a catalyst for a decline in gold.
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