Petrol price on Sunday was hiked by 50 paise a litre and diesel by 55 paise, taking the total increase in rates since resumption of daily price revision less than a week back to Rs 3.70-3.75 per litre
Many drivers expressed their concerns about racing in the region and Saudi Arabia's human rights records when F1 ran its inaugural event at the circuit last December
The Iran-aligned Houthis have escalated attacks on the kingdom's oil facilities in recent weeks and ahead of a temporary truce for the Muslim holy month of Ramadan
Race promoter Saudi Motorsport Company said nothing will change with regards to the third practice and qualifying scheduled on Saturday and the race on Sunday
Saudi Arabia said it will not hold responsibility for any shortage of oil supplies in global markets caused by Houthi attacks on its oil facilities
A huge plume of black smoke was seen rising in Jeddah where oil giant Aramco has several oil facilities, witnesses said on Friday
Aramco said it would boost its capital expenditure (capex) to $40-50 billion this year, with further growth expected until around the middle of the decade
Saudi Arabian state oil giant Aramco on Sunday reported a more than doubling of annual net profit in 2021, boosted by higher oil prices, and announced plans to sharply lift capital expenditure in 2022
The group, led by Gautam Adani, has reportedly held preliminary talks on a range of potential cooperation and joint investment opportunities with Saudi Aramco and the country's Public Investment Fund
Though Aramco is still more than 10% away from reclaiming the top spot, the continued surge in energy prices as countries impose sanctions on Russia's oil has raised the possibility
4% shares of the firm transferred
The announcement on state media comes as the oil firm is valued just under $2 trillion.
Ahead of the resumption of indirect talks between the United States and Iran on Tuesday, oil prices eased
Saudi Arabia would raise funds off its biggest asset, and use them to develop new industries
State oil giant Saudi Aramco sets its crude prices based on recommendations from customers and after calculating the change in the value of its oil.
The group will buy a 49 per cent stake in Aramco Gas Pipelines
Talks broke down over how much Reliance's O2C business should be valued as the world seeks to move away from fossil fuels and reduce emissions, say sources
The reevaluation of the decision to sell a 20% stake in Reliance Industries Ltd's oil-to-chemical business to Saudi Aramco will not impact the firm's credit quality, Moody's Investors Service said
The scenario reflects the larger uncertainties in global fossil fuel investments and India's whimsical policy environment
WHO Europe called on people to get vaccinated and respect proper hygiene and practice social distancing to help stop the spread of the virus