For centuries, people have gone to al-Taif, high in the Sarawat Mountains, to escape the summer heat and enjoy the cool, lush scenery in a relaxed atmosphere. But the southwestern city really comes to life when the curtain opens on the most important event of the year, the annual Rose Festival.
AramcoWorld, Saudi Aramco's flagship publication, is widely recognized as a leading source of nonpolitical coverage of the history, geography, arts and cultures of Saudi Arabia, the Middle East and the wider Islamic world, with an emphasis on the interweavings of the plural cultures of East and West, past and present.
What makes Aramco the world's most valuable integrated energy company, producing one out of every eight barrels of oil in the world, is its people. Year round, it is our people who travel far from home, in challenging environments, with unwavering attention to safety and health, providing energy that is the foundation for the world’s economy and the nation’s ambitions.
The energy markets saw a strong recovery in the first quarter of 2021 due to the ongoing re-balancing of supply and demand fundamentals, in addition to improved sentiment for an increase in global demand spurred by ongoing vaccination programs.
The Saudi Arabian Oil Company (“Aramco” or “the Company”) today announced its first quarter financial results, posting a 30% year-on-year increase in net income to $21.7 billion and declaring a dividend of $18.8 billion to be paid in Q2. The results were underpinned by higher oil prices and an improved economic environment in the first three months of 2021.
Aramco and SABIC today announce their intention to transfer the marketing and sales responsibility for a number of Aramco petrochemicals and polymers products to SABIC, and the offtake and resale responsibility of a number of SABIC products to Aramco Trading Company (ATC).
James (Jim) J. Schultz, HR manager with the Corporate Venturing Department, retires from the company at the end of April. Born in Oakland, California, Schultz has spent almost 11 years with Aramco, joining the company in the fall of 2010 as a senior HR analyst.
Aramco, through its Sea Water Injection Department (SWID), recently received international accolades for its response to the COVID-19 pandemic. The company received the “COVID-19 Response and Recovery of the Year” Award given by the Disaster Recovery Institute International (DRI) at the organization’s virtual Resilience Excellence Summit.
Fenced to protect excavations that since the 1950s have yielded remains of at least 10 Neanderthals, Shanidar Cave lies in the foothills of the Baradost Mountains in Kurdish-controlled northern Iraq.
No two samples of crude oil are identical. Unlocking crude oil’s composition secrets is critical information for our customers. It is also fundamental work toward maintaining Aramco’s oil and gas production value chain. Just like each sand grain is different, each crude oil type has its own exclusive chemical and molecular characteristics.
Dear colleagues, As we begin the blessed month of Ramadan this year, we are continuing to successfully adapt to new realities. Everyone who is a part of this great company has shown agility, patience, and flexibility during this time. And all of us are contributing to a vital purpose...
This is pepper country, the Moroccan traveler Ibn Battuta declared of Malabar, India’s southwest coast along the Arabian Sea. Admiring the tropical forests and hills made bountiful by monsoon rains, there was “not a span of ground or more but is cultivated,” he observed.
Aramco has signed a deal with a consortium led by EIG Global Energy Partners (“EIG”), one of the world’s leading energy infrastructure investors, to optimize its assets through a lease-and-lease-back agreement involving its stabilized crude oil pipeline network.
Aramco today announced its creation and participation in the launch of Altamayyuz Finance and Accounting Excellence Academy, a first-of-its-kind collaboration between leading accountancy firms and investment banks which establishes a center of excellence for finance and accounting.
With the sun pouring through the window in Khuzam Palace, Finance Minister ‘Abd Allah Al-Sulayman and Standard Oil Company of California (Socal) attorney Lloyd N. Hamilton finalize the negotiations that had dragged on for more than three months.
In January 1879, Lady Anne Blunt, the granddaughter of English poet Lord Byron, arrived with her husband Wilfrid at the Jubah oasis, more than two-thirds of the way across the Great Nafud Desert.
From the shipyards that line Tanah Beru’s beachfront, the masts of great wooden sailboats rise to palm-tree heights. Closer to the sands, shipwrights wield saws and adzes to sculp 40-meter hulls made of massive timbers bent into shape over open fires and assembled with dovetails, pegs and other joinery—no nails.
Aramco and the American Concrete Institute (ACI) announce the launch of NEx: A Center of Excellence for Nonmetallic Building Materials to develop and promote the use of nonmetallic materials in the construction sector.
Being an explorer, the idea of crossing the Rub’ al-Khali, also known as the Empty Quarter, was a big challenge. We spent three months preparing for the trip, meeting frequently to study any potential risks or challenges that we may face.
Nasir K. Al-Naimi has been appointed senior vice president of Upstream, effective April 1, 2021, after previously being appointed acting Business Line Head of Upstream in September 2020.