Saudi Aramco—transition, transition, transition
Saudi Arabia increases emphasis on expanding non-oil sources of energy
Saudi Aramco is deeply embedded in the kingdom's DNA. It's almost impossible to think of Saudi Arabia without it. So it seemed something akin to heresy for a Saudi columnist to urge young Saudis to "prepare for the post-Aramco era of new-energy companies". A post-Aramco Saudi Arabia? Perish the thought. While the writer may not have meant literally that a time would come when Aramco would cease to exist, he was making the point that the company's traditional role—and the energy scene in the kingdom and the world at large—is in a period of transition. Oil is no longer the guaranteed life-long gold standard that it used to be. Saudi Aramco itself is well aware of the need for change. Chief exe
Also in this section
24 February 2026
Energy security continues to evolve as a strategic priority amid growing geopolitical tensions highlighted by increased volumes, a new energy law and persistent secrecy
24 February 2026
Sustained low temperatures have depleted storage levels and exposed the EU’s vulnerability to shocks even as the bloc moves ahead with phasing out all Russian imports
23 February 2026
The country’s upstream players have demonstrated resilience to low oil prices and are well positioned to prosper despite a volatile market
20 February 2026
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
