Latest News Updates From Anthony Di Paola and Verity Ratcliffe

Government, Business, Fuel

Saudi Aramco to Spend $3.4B on Motiva Refinery in Texas

Saudi Aramco plans to spend $3.4 billion on its Motiva refinery in Texas, the largest fuelmaking plant in the U.S.

May 13, 2025
Government, Business, Fuel

OPEC+ Ministers Say Pumping More Oil Wouldn鈥檛 Ease Gas Prices

Saudi Arabia鈥檚 energy minister said a dearth of refining capacity meant that gasoline and other oil products would remain expensive even if the world鈥檚 biggest exporters pumped more crude.

May 16, 2022