In relation to the drilling contract for Thule Power, Saudi Aramco has tendered a "notice of its intention to terminate the Contract, effective December 25, 2007". In relation to the drilling ...

LONDON (Reuters) -Oil is likely to rise by $3-5 per barrel when trading resumes on Sunday evening after the U.S. attacked ...

Saudi Arabian Oil Company, widely known as Aramco, is dramatically expanding beyond its oil and petrochemical roots into a diversified, technology-centric energy powerhouse. Under Chief Executive Amin ...