Russia Explores Plan to Merge Oil Giants Into Mega Producer The resulting company would be the world's second-largest crude producer, behind Saudi Arabia's Aramco, and would pump almost three times ...

Russian officials and business executives have held talks about merging the country’s biggest oil companies into a single ...

Talks between executives and government officials took place over the past few months, and a deal may or may not happen, the ...

Arabian Drilling Co. (ADC) extended a long-term contract for one of its Saudi Aramco land rigs for SAR 440 million. For more ...

Oil futures finished lower on Friday, with China's latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump's support for more U.S.

“Saudi Arabia will require a vast number of migrant workers to deliver its World Cup ambitions, yet there are no commitments ...

Sirius International Holding is a subsidiary of IHC, the second-largest holding company in the region, next to Saudi Aramco.

Earlier this year, the CEO of Saudi Aramco said the world should “abandon the fantasy” of an oil and gas phaseout. If Trump ...

Russia is seeking to merge three major oil companies in a bid to create the world’s second-biggest crude oil producer, ...

Russia is working on a plan to merge Rosneft (RNFTF) with Gazprom Neft and Lukoil (LUKOY), the Wall Street Journal reported ...