aramco
- Middle East
Saudi Arabia rejects Houthi claim of Riyadh attack as misleading
Riyadh: Saudi Arabia has rejected claims by Yemen’s Houthi group that it targeted the Saudi capital Riyadh, describing the allegations as “misleading” and accusing the group of seeking to portray its battlefield…
- Middle East
Smoke seen over Riyadh as fire reported near Aramco facility
Riyadh: Videos circulating on social media showed smoke and flames rising near a Aramco facility in Saudi Arabia’s capital Riyadh on Saturday, October 3. A Reuters witness also reported seeing smoke and…
- Middle East
Saudi pipeline hit by drones to be out of service for weeks
Cairo: A crucial Saudi oil pipeline that was struck in an attack will be mostly out of service for weeks as the damage is repaired, two regional officials said Monday, September 14,…
- Middle East
Houthis target Saudi airport, Aramco facility in drone attacks
Yemen’s Iran-backed Houthi rebels on Thursday, August 20, claimed they had targeted a Saudi airport and an Aramco facility in the southern Najran region in two drone attacks. In a post on…
- Middle East
Fire breaks out at Saudi Aramco refinery
A fire broke out early Sunday, August 9, at a facility belonging to Saudi Aramco’s Jazan refinery in southwestern Saudi Arabia, with no injuries reported, the Energy Ministry said. In a post…
- Middle East
Houthis target Saudi Aramco sites in retaliation for airstrikes
Cairo: Yemen’s Iran-backed Houthi rebels said Saturday, July 25, that they fired missiles and drones at Saudi Arabia in response to Saudi airstrikes on the strategic Red Sea city of Hodeida, in…
- Stock Market
Space X: World’s biggest IPO makes Musk almost a trillionaire
SpaceX has raised USD 75 billion in the largest initial public offering (IPO) in history, pricing 555.6 million shares at USD 135 each, pushing founder Elon Musk to the threshold of becoming…
- World
SpaceX IPO could make Elon Musk world’s first trillionaire
SpaceX, the space and satellite company led by billionaire Elon Musk, is planning a massive initial public offering (IPO) that could become make Musk the world’s first trillionaire. According to a regulatory…
- Middle East
Saudi: Aramco sees 25 pc more profit after shifting exports from Hormuz
Aramco, the world’s largest oil company, said on Sunday, May 10, its first quarter profit jumped 25 per cent as the Iran war disrupted oil supplies and raised prices. Dhahran, Saudi Arabia-based…
- Business
Aramco reports 2025 profit of USD 104 billion, down from 2024
Dubai: Saudi Arabia’s oil giant Aramco reported 2025 profits of USD 104 billion, down from the year before as the Iran war has seen its fields and facilities targeted. Aramco released its…
- Middle East
Saudi Aramco’s profit fall 4.6 pc in first quarter of 2025
Saudi Aramco, the largest oil company in the world, on Sunday, May 11, reported a 4.6 percent decline in its net profit for the first quarter of 2025, totalling SAR 97.54 billion…
- Middle East
Saudi Arabia discovers 14 new oil, gas fields
Riyadh: The Kingdom of Saudi Arabia’s oil giant, Aramco, has discovered 14 new oil and natural gas fields and reservoirs in the Eastern Region and the Empty Quarter. The announcement, made by…
- News
Saudi oil giant Aramco reports 106 billion USD profit in 2024
Saudi Arabia’s state-owned oil giant Aramco reported a 106.25 billion USD profit in 2024 on Tuesday, down 12 per cent from the prior year, as lower energy prices now squeeze the kingdom’s…
- Middle East
Saudi Aramco signs 4-year partnership deal with FIFA
The Kingdom of Saudi Arabia’s oil giant Aramco on Thursday, April 25, signed a four-year global partnership with professional football association FIFA, becoming a major worldwide partner in the energy category. Aramco will…
- Middle East
Saudi Crown Prince announces transfer of 8% Aramco shares to PIF firms
Riyadh: The Kingdom of Saudi Arabia’s Crown Prince Mohammed bin Salman bin Abdulaziz Al-Saud on Thursday, March 7, announced the transfer of 8 percent of Aramco shares to companies fully owned by…
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