160 stories found
Yemen's Houthi rebels claimed responsibility for a drone attack on a Saudi Aramco oil refinery in Jazan, Saudi Arabia, causing a fire and resulting in casualties. The attack follows a defense pact signed by the kingdom.
Despite reporting record profits, Saudi Aramco is reportedly facing a growing cash flow crisis, raising concerns about its financial stability.
Israel has stated it will not withdraw from Gaza until Hamas is fully disarmed, defying aspects of a proposed peace plan. Hamas, in turn, has demanded clarifications regarding disarmament and Israeli troop withdrawal.
Saudi Aramco, the world's largest oil company, announced a substantial increase in its second-quarter profits, with figures rising by 33% to 44%. This profit surge is attributed to higher oil prices, partly influenced by disruptions and tensions in the Middle East, including the ongoing situation with Iran.
The United States and Saudi Arabia conducted joint airstrikes against Iran-aligned groups in Iraq, with reports indicating multiple casualties. This action comes amidst ongoing tensions and concerns that Iran is attempting to derail ceasefire talks.
Yemen's Houthi rebels claimed responsibility for drone and missile attacks on Saudi Aramco oil facilities in Yanbu and Jizan, escalating the conflict which has also seen increased activity in the Red Sea. A Greek Patriot battery reportedly intercepted a Houthi drone, while concerns grow over the widening regional tensions.
Halliburton has been awarded a long-term contract by Saudi Aramco for a multibillion-dollar gas project, signaling a significant win for the oilfield services company.
Fluor has secured a long-term agreement to provide support for Aramco's global capital projects, indicating a significant partnership in the energy sector.
Saudi Aramco has made rare spot oil sales as the company ramps up its shipments, indicating a potential shift in its oil market strategy.
The aircraft belonged to state oil giant Aramco and the cause of the crash is being investigated.
Saudi Aramco has resumed Gulf oil exports from its Ras Tanura port after a four-month hiatus. This resumption is expected to boost global oil supply.
Saudi Aramco is reportedly considering selling a stake in its sulfur business, expanding a strategy to monetize its infrastructure and raise tens of billions of dollars.
JPMorgan's Jamie Dimon and other Wall Street giants are pitching SpaceX's upcoming IPO to ultra-rich clients, with Elon Musk speaking at pre-IPO investor events. However, SpaceX has been blocked from early entry into the S&P 500 index, as S&P Global reaffirmed its existing rules.
Emerson and Aramco have announced a strategic research and development collaboration focused on developing next-generation solutions for corrosion.
SpaceX is reportedly preparing for a colossal Initial Public Offering, with discussions focusing on its unprecedented valuation and the potential for Elon Musk to become a trillionaire. The anticipated IPO is attracting significant attention from investors and market analysts.
Saudi Aramco предупреди, че световните запаси от бензин и самолетно гориво могат да достигнат "критично ниски нива" преди настъпването на летните месеци, ако Ормузкият проток остане затворен, пише…
The CEO of Aramco has delivered a strong message concerning the strategic importance of the Strait of Hormuz and its implications for global oil supplies.
Aramco projects a slow recovery for the oil market following a significant supply loss, indicating challenges for the global energy sector.
The Saudi Aramco chief warned that a global energy shock stemming from the Iran war could persist until 2027, following a rise in profits fueled by higher oil prices due to blocked exports in the Strait of Hormuz.
The CEO of Aramco stated that the war in the Middle East has unleashed the 'biggest energy shock' ever experienced, predicting months for market rebalancing even if the Strait of Hormuz reopened.
Saudi Aramco announced a significant increase in its profits, attributing the boost to the ongoing conflict in the Middle East. The oil giant also reportedly found ways to bypass the Strait of Hormuz.
A South Korean-operated vessel was struck by an unidentified object in the Strait of Hormuz near Qatar on May 4th. The incident occurred amidst heightened regional tensions and Iranian threats regarding the vital shipping lane.
Aramco is deepening its push into artificial intelligence and advanced technologies, indicating a strategic focus on innovation within the energy giant.
Aramco Ventures is reportedly investing $7.5 billion into strategic technology initiatives, signaling a significant push into the tech sector.
TotalEnergies announced the shutdown of its Satorp refinery in Saudi Arabia "as a safety measure" following "incidents that occurred during the night of April 7-8, which damaged one of the refinery's two processing trains."
“Any language or action that contemplates the end of civilisation is unacceptable in the modern world,” Gandhi said, referring to Trump's “tonight” claim
OMS Energy Technologies (OMSE) has announced it received an $11 million call-off order from Saudi Aramco, indicating a significant business engagement with the oil giant.
US President Donald Trump announced a postponement of planned military strikes on Iranian power plants and energy infrastructure, citing 'very good' and 'productive' talks aimed at achieving a 'total resolution' of hostilities, leading to a rally in global markets and a drop in oil prices, while Iran stated Trump 'backed down'.
Saudi Aramco boss pulls out of major international energy conference due to Iran conflict: Source The Straits Times
Unidentified drones have been detected hovering over Fort McNair military base in Washington D.C., where high-ranking officials including Pete Hegseth and Marco Rubio reside. The incident has prompted heightened security measures amidst ongoing tensions with Iran.
The Aramco chief has warned of a 'catastrophic' impact on the oil market if the Strait of Hormuz remains closed, reiterating that Saudi Aramco could restore full production within days of its reopening.
The International Energy Agency (IEA) has confirmed that the war in Iran is causing the 'greatest disruption' ever seen in the oil market, despite the release of emergency reserves, with Saudi Aramco's CEO warning of 'catastrophic consequences' for the global market.
Aramco announced a significant decline in its net income for the fourth quarter of 2025, falling by 20.5% to $17.76 billion.
MANILA, Philippines — The Philippine National Police – Highway Patrol Group (PNP -HPG) ordered its patrol officers to save on fuel amid looming price hikes triggered by escalating tensions in the…
Saudi Aramco to restore 70% of oil shipments ‘within days’ The Times
Saudi Aramco Could Restore Output Quickly Once Strait of Hormuz Reopens WSJ
Aramco has chosen an unusual time to initiate its debut buyback, according to TradingView.
Η Saudi Aramco ανακοίνωσε τα οικονομικά αποτελέσματά της για το 2025, τα οποία πάντως ήταν καλύτερα από ό,τι περίμεναν οι αναλυτές.
Saudi Aramco announced plans to buy back $3 billion of its shares and simultaneously raised its dividend, signaling confidence in its financial performance.
Saudi Aramco has issued tenders to offer urgent oil supplies, indicating a move to address immediate market demands for crude.
Iran-Israel US War: Saudi Aramco was struck by a drone on Wednesday; however, there was no damage.
Aramco Explores Oil Exports Via Red Sea to Avoid Hormuz Bloomberg.com
In neighbouring Saudi Arabia, Saudi Aramco temporarily shut its major refinery at Ras Tanura after a drone strike. The post Global oil and gas prices surge as Middle East tensions escalate appeared…
Saudi Arabia halts some operations at massive Ras Tanura refinery Dhaka Tribune
Durante la mañana se registraron dos graves ataques iraníes en la región, con el impacto de un dron en la refinería estatal saudí de Aramco y la agresión a un petrolero frente a la costa de…
Η ιρανική επίθεση με δύο drones στο διυλιστήριο Ρας Τανούρα της σαουδαραβικής Aramco, ενδέχεται να αποτελεί το προοίμιο για τον βομβαρδισμό και άλλων πετρελαϊκών εγκαταστάσεων στο Κόλπο, εκτιμούν…
Iran's retaliation following U.S. and Israeli strikes has seen missiles and drones hammer Gulf states and U.S. bases across the region, turning once-quiet skies over cities like Dubai, Doha and Manama into battle zones.
Saudi Aramco has reportedly halted operations at its Ras Tanura refinery after a suspected Iranian drone attack on its oil facilities in Saudi Arabia.
Saudi Aramco achieves significant progress in its gas production plan AzerNews
Saudi Aramco is reportedly spearheading a shale gas revolution in the Arabian Desert, focusing on developing unconventional gas resources.
Saudi Aramco has ceased LPG exports from its Juaymah facility, leading to disruptions in key Asian supply chains.
Saudi Aramco has reportedly sold its initial cargoes of Jafurah condensate to international energy giants Chevron, Exxon, and Indian Oil, marking a significant step for the Jafurah unconventional gas field.
Caturus' Commonwealth LNG has finalized a 20-year Sale and Purchase Agreement (SPA) with Aramco Trading, ensuring a long-term supply of liquefied natural gas.
Yemen's Houthi rebels have claimed responsibility for a drone attack on a Saudi Aramco oil refinery in Jizan, Saudi Arabia, which reportedly caused a fire that was later extinguished. This incident highlights the ongoing conflict and escalating tensions in the region, with the Houthis frequently targeting Saudi infrastructure.
Aramco, BP, Shell og flere andre selskaber har kunnet se overskuddet stige under konflikt i Iran.
Saudi Aramco reported stronger-than-expected earnings for Q2 2026, with oil prices reportedly boosted by the ongoing conflict with Iran.
Saudi Aramco announced a 28% jump in Q2 revenue to $139.15 billion, posting an adjusted net income of $33.4 billion.
President Trump discussed ongoing negotiations with Iran, stating a willingness for military action if talks fail, while also defending tariffs in Michigan and rejecting Israeli objections to F-35 sales to Turkey. He also made various domestic comments, including about the Federal Reserve and his accomplishments for auto workers.
An article discusses the strategic posture of Middle Eastern energy titans, particularly Saudi Aramco, and its implications for the geopolitics of capital.
Startup Together AI, valued over $8 billion with Aramco as a major investor, is challenging established AI firms by selling computing power for open-source models, primarily featuring Chinese AI models.
Residents near an Aramco refinery in a Texan city claim the facility is exposing them to poisonous gases and long-term health problems, despite the oil giant's prominent sponsorship deal with FIFA.
A helicopter belonging to Saudi Aramco crashed near the Ras Tanura oil refinery in Saudi Arabia, killing all 14 people on board. The cause of the crash remains unknown.
A Saudi Aramco helicopter crash has resulted in the deaths of 14 Saudi nationals, according to the state news agency.
Lionel Messi surpassed Marta's World Cup all-time goal record, scoring twice to become the top scorer in World Cup history. His performance powered Argentina into the knockout phase of the tournament.
Elon Musk has become the world's first paper trillionaire following SpaceX's record-breaking initial public offering (IPO) on Wall Street. The IPO saw overwhelming interest in SpaceX shares, leading to a significant surge in the company's valuation.
McDermott has been awarded a Long-Term Agreement (LTA) role by Aramco for project management consultancy services.
Aramco has completed the transfer of its refining complex in Malaysia to Petronas, marking a significant development in the energy sector.
Saudi oil giant Aramco announced a 25% increase in its first-quarter profit, attributed in part to a strategic shift in its export routes away from the Strait of Hormuz.
Saudi Arabian oil giant Aramco is reportedly seeking to raise more than $10 billion by divesting parts of its extensive property portfolio.
The global oil market is experiencing a significant shortage, with approximately one billion barrels of crude oil missing, prompting warnings from Aramco about further supply restrictions.
The CEO of Saudi Aramco has cautioned that global oil markets might not fully recover until 2027, attributing the potential delay to ongoing disruptions in the Strait of Hormuz.
Amin Nasser warns depletion of gasoline and jet fuel inventories is ‘rapidly accelerating’ due to Hormuz closure
Entera Bio announced its GAAP EPS, surpassing analyst expectations, while Haemonetics provided key highlights from its fourth-quarter earnings call.
Saudi oil giant Aramco announced a 25% surge in its first-quarter profits, largely due to rerouting exports through its East-West Pipeline to bypass potential disruptions in the Strait of Hormuz. This strategic move allowed the company to increase earnings despite ongoing conflict in the Middle East and warnings of global oil losses.
Aramco's CEO has warned of a long-term disruption in the global oil market, citing a deficit of approximately one billion barrels. The announcement coincides with the company reporting a significant increase in profits.
Saudi Aramco has announced the suspension of its liquefied petroleum gas (LPG) deliveries through May. The decision was made following damage to one of its facilities.
An analysis for The Guardian claims that the world's top 100 oil and gas companies, including Saudi Aramco, Gazprom, and ExxonMobil, made over $30 million per hour in "unearned profit" during the first month of the American-Israeli war in Iran.
TotalEnergies and Saudi Aramco have confirmed that a refinery has been shut down due to damage related to ongoing war.
A move by Saudi Aramco to raise oil prices for Europe, up to $30 a barrel above Brent, has sent European oil prices towards $140, causing a ripple effect in markets, with Bitcoin also seeing a rebound.
Details on how and where to livestream the Formula 1 Aramco Japanese Grand Prix in 2026 are now available for viewers in the U.S.
The CEO of Saudi Aramco has withdrawn from the CERAWeek international energy conference in the US, reportedly remaining in Saudi Arabia due to the ongoing Iran conflict, the growing oil crisis, and challenges posed by Strait of Hormuz tensions, with Reuters confirming the cancellation through a source.
Amin Nasser, CEO of Saudi Aramco, has withdrawn from a major international energy conference, including CERAWeek in Houston, with sources indicating his absence is due to the ongoing Iran conflict and the challenges it poses, requiring him to remain in Saudi Arabia.
Iranian authorities have executed three men accused of killing police officers during anti-regime protests in January. The court found them guilty of acting on behalf of Israel and the USA.
Iran has rejected US President Trump's warnings about the safety of its team at the World Cup, with the team labeling the US as unfit to host the tournament. This follows Iran's shock announcement of its refusal to participate in the 2026 World Cup, escalating the geopolitical dispute into the realm of global athletics.
G7 leaders have announced the record release of 400 million barrels of oil in response to the war in the Middle East. This represents about twenty days worth of usual oil traffic through the Strait of Hormuz, currently through dangerous to go through due to the threat of Iranian strikes. This initiative aims 'to calm markets down', as FRANCE 24's Philip Turle explains.
US says its firepower will ‘surge dramatically’ and IDF warns of ‘surprises ahead’, as Iran launches retaliatory strikes Middle East crisis – live updates Israel and the US have bombarded Iran and…
Saudi Aramco to restore 70% of oil shipments ‘within days’ The Times
The head of Saudi Aramco, Amin Nasser, has warned that prolonged disruptions to shipping through the Strait of Hormuz could lead to 'catastrophic consequences' for global oil markets, echoing previous warnings from the world's largest oil producer.
Saudi Aramco could quickly restore oil output once the Strait of Hormuz reopens, indicating its capacity to resume normal operations swiftly after any disruptions.
Rolling coverage of the latest economic and financial news Markets are pricing in a chance that the Bank of England could cut interest rates this year, but a cut next week looks unlikely, says…
Aramco sees 'catastrophic consequences' for oil markets if Hormuz strait remains blocked Reuters
Aramco has reported a drop in its annual profit but also announced its first share buyback program, indicating strategic financial moves despite the profit decline.
Aramco's key crude export terminal hit for second time in two days as Strait of Hormuz remains blocked
Saudi Arabia's Ministry of Defense announced the interception of eight drones near Riyadh and Al Kharj. Separately, new satellite images reveal damage to the large Aramco oil refinery in Ras Tanura following reported drone attacks.
Oboroženi spopadi, ki so se razplamteli na Bližnjem vzhodu, so prizadeli tudi naftno rafinerijo mednarodnega naftnega velikana Aramco, glavnega sponzorja ekipe formule 1 Aston Martin.
Saudi Aramco shuts down Ras Tanura refinery due to 'drone attack' thenationalnews.com
Saudi Arabia’s Ras Tanura Refinery Shuts Down After Drone Attack Bloomberg
Drones attacked the Ras Tanura oil refinery in Saudi Arabia, one of the world's largest oil centers, causing operations to halt. This incident is part of the escalating conflict in the Middle East.
Saudi Arabian oil giant Aramco preemptively shut down its Ras Tanura refinery after a drone attack, which is part of Tehran's retaliatory actions across the region.
IRAN attacked an Aramco oil facility in Ras Tanura, Saudi Arabia, with Shahed drones. Due to the attack, the refinery ceased operations.
Saudi Aramco is reportedly initiating a shale gas revolution in the Arabian Desert, signaling a major development in the region's energy sector.
Saudi Aramco is reportedly initiating a shale gas revolution in the Arabian Desert, signaling a new direction for the kingdom's energy production.
LPG prices have surged following an outage at Saudi Aramco, which prompted ships to reroute their journeys.
Saudi Aramco has reportedly sold its first cargoes of Jafurah condensate to firms in the US and India, marking a new development in its energy exports.
A new ranking of Middle East CEOs for 2026 places Saudi Aramco's CEO at the top, with the highest-ranking female CEO appearing at the 11th position on the list.
The Saudi oil giant Aramco announced a significant increase in profitability, with its second-quarter net income rising 44% year-on-year, primarily driven by higher crude oil prices despite the ongoing war in the Middle East.
Saudi Aramco reported soaring profits, with its CEO warning that a closure of the Strait of Hormuz would remove 100 million barrels of oil per week from the market. Despite this, the company stated that recent July attacks had no material impact on its operations.
Saudi Arabia has entered the conflict between the U.S. and Iran by participating in airstrikes targeting Iran-backed Popular Mobilization Forces militias in Iraq. This development comes amidst broader tensions, including discussions of Houthi fees for Red Sea shipping and new U.S. sanctions on Iran-linked tankers.
Yemen's Houthi rebels launched missile attacks on Saudi Arabian oil facilities along the Red Sea, marking an escalation in regional tensions. This occurred as the United States paused its strikes against Iran for the first time in two weeks, raising questions about potential diplomatic avenues.
Halliburton has been awarded contracts by Saudi Aramco to support a 285-well drilling campaign.
Performance Shipping Inc., owned by Aliki Paliou, announced the extension of the time charter for its M/T Briolette with Aramco Trading Fujairah FZE for three years.
Oil prices have dropped below $71 per barrel as Saudi Aramco intensifies competition in the Gulf region. This decline is also attributed to the normalization of transit through the Strait of Hormuz.
A helicopter crash involving Aramco personnel in Saudi Arabia has resulted in the deaths of 14 people.
Saudi Aramco has resumed oil loading operations at its Ras Tanura terminal, signaling a boost to global oil supply. This move by Saudi Arabia could lead to an increase in the availability of crude oil in the market.
The United States men's national team secured their spot in the World Cup knockout rounds after a dominant 2-0 victory over Australia. This win, featuring a goal from Alex Freeman, means the USMNT qualifies with a game to spare.
Saudi Aramco has increased its LPG Official Selling Prices by up to 3% for June, while Sonatrach has significantly cut its prices by 18% and 31%.
Saudi Aramco is set to transfer its stakes in the PRefChem joint venture to Malaysia's state-owned oil and gas company, Petronas.
Saudi Aramco is reportedly opening its empire to Wall Street in a significant $35 billion push.
Donald Trump has engaged in a flurry of public statements and social media activity, commenting on topics ranging from the Iran conflict and Cuba relations to beef tariffs and college sports, alongside sharing AI-generated images.
President Trump is preparing for a significant summit with Chinese President Xi Jinping in China, a meeting expected to shape superpower relations. Several prominent CEOs, including Elon Musk and Tim Cook, are anticipated to accompany Trump on the trip.
The CEO of Aramco has warned that a loss of one billion barrels of oil due to a war involving Iran would significantly impede the recovery of the global oil market.
Saudi Aramco reported a 25% increase in its first-quarter profit, driven by an oil rally. Concurrently, the company's CEO warned that the world could face its 'largest energy shock' affecting markets until 2027.
Aramco reported a significant jump in profits, attributing the success to a pipeline ramp-up that helped counter disruptions in the Strait of Hormuz.
A recent statement by Saudi Aramco's CEO is reported to have significant implications for the Trump Bull Market, suggesting potential shifts in economic outlook.
Tensions between the US and Iran escalated in the Strait of Hormuz following reports of an attack on Iranian tankers, with Iran's president speaking out against exploitation. Iranian authorities later announced that the clashes in the strategic waterway had concluded.
Saudi oil giant Aramco is developing its own internal combustion engine, indicating a strategic interest in sustaining traditional engine technology for the foreseeable future.
Der Ölriese Saudi Aramco leidet zwar unter dem Irankrieg, aber er profitiert vom hohen Ölpreis. Analysten raten mehrheitlich zum Kauf der Aktie. Aber das ist für Privatanleger gar nicht so einfach.
A refinery operated by TotalEnergies and Aramco has been shut down following damage sustained amid the ongoing conflict involving Iran, impacting energy production.
A joint venture between Saudi Aramco and Dow has announced the suspension of its chemical output, citing ongoing regional disruptions as the reason for the halt in production.
CEOs from major oil companies, including Aramco and Kuwait Petroleum, have canceled their attendance at a US energy conference, with ADNOC's Jaber opting to attend virtually, signaling potential impacts from current global tensions.
Sources indicate that Saudi Aramco has reduced its oil supply to Asian customers for the second month in a row, impacting April deliveries.
Bangladesh has reportedly turned to Aramco to secure liquefied natural gas (LNG) at high prices, as the country faces increasing supply risks for the crucial energy resource.
When Saudi Aramco told its oil buyers in a letter this week that it had no clear idea which port it would use for April exports, it laid bare a new reality: Iran, not the United States, holds the…
Saudi oil giant Saudi Aramco is reportedly in talks with at least two Ukrainian companies to acquire interceptor drones. These drones would be used to protect oil fields from potential attacks linked to Iran.
Saudi Aramco seeks dual Gulf, Red Sea buyer plans amid Iran crisis, sources say Reuters
Oil prices are on a downward trajectory on Tuesday afternoon, improving the climate in international markets and giving Wall Street a breather. Oil: Prices are plunging,...
Saudi Aramco to restore 70% of oil shipments ‘within days’ The Times
The CEO of Saudi Aramco has issued a severe warning, stating that a war with Iran could result in a catastrophic shock to the global oil market.
Gulf Oil Giants Deepen Cuts as Aramco Urges Hormuz Restart Bloomberg.com
Aramco's stock has gained approximately 14% year-to-date, driven by strong earnings performance that supports a higher dividend payout.
IRGC say they will not allow 'one litre of oil' to be shipped from the Middle East if US-Israeli attacks continue
Két olajmezőn is csökkentette a termelést az Aramco, miközben több millió hordó olajat adtak el az azonnali piacon – feláron.
Saudi Aramco typically exports the bulk of its crude from ports within the Gulf, but conflict in the Middle East has led to a logjam of vessels.
Oil prices may climb towards US$90-100 on Saudi Aramco's Ras Tanura disruption, analysts say The Star
The state-owned oil giant, Aramco, confirmed that production at its 550,000-barrel-per-day Ras Tanura refinery was suspended on Monday. The post US/US//Israel-Iran War: Drone strike forces shutdown…
Eskalacija sukoba na Bliskom istoku dovela je do privremenog zatvaranja postrojenja jedne od najvećih svjetskih naftnih kompanija, Saudi Aramco, dok je QatarEnergy, jedan od najvećih proizvođača…
A coordinated Iranian attack on oil facilities could provoke a military response, a source close to the Saudi Arabian government told AFP news agency on Monday.
Tehran claims its targets are US military interests, but countries in the region reject its justification and fear being drawn into a conflict they have tried to avoid
Videos show smoke rising from a refinery operated by Saudi after a fire broke out caused by debris from a missile.
Saudi Aramco's Ras Tanura refinery facility was struck by a drone, leading to its shutdown and exacerbating global supply concerns.
Ras Tanura complex houses one of Middle East's largest refineries
The American subsidiary of Saudi Aramco has purchased Venezuelan oil from Chevron for the first time, with the crude intended for asphalt production.
Saudi Aramco has commenced exports of condensate from its Jafurah unconventional gas field, with initial sales directed to customers in the United States and India.
Horse Powertrain, a joint venture between Renault, Geely, and Aramco, in collaboration with Repsol, has revealed a new hybrid powertrain system boasting fuel consumption below 3.3 lt/100km.