Saudi Aramco
- Middle East
Saudi Aramco announces largest investment in South Korea, worth $7 billion
Riyadh: The Kingdom of Saudi Arabia’s Aramco, the world’s largest oil company on Thursday announced its largest ever investment in South Korea for a project to develop a world-class integrated petrochemical steam…
- India
Saudi Aramco exec detained in India for carrying satellite phone
New Delhi: The Kingdom of Saudi Arabia’s Aramco, the world’s largest oil company’s senior executive was arrested in India in July for carrying a satellite phone without permission from authorities while on…
- Middle East
Saudi Aramco profit surges 90% in Q2 amid rise in oil prices
Riyadh: The Saudi oil company, Aramco announced on Sunday that it achieved a record profit of 181.16 billion riyals (48.4 billion dollars) in the second quarter (Q2) of 2022, an increase of…
- Middle East
Saudi oil giant Aramco’s profits rise 80% in Q1 2022
Dubai: Oil giant Saudi Aramco said Sunday its profits soared more than 80% in the first three months of the year, as the state-backed company cashes in on the volatility in global energy…
- Automobile
Hyundai, Saudi Aramco to jointly develop eco-friendly vehicle engine
Seoul: Hyundai Motor Group said on Wednesday it will collaborate with Saudi Aramco and a Saudi Arabian university to jointly develop an environment-friendly fuel and engine for vehicles. Hyundai, Aramco, and King…
- Middle East
Yemeni arrested in Saudi for glorifying Houthi strike on Aramco
Riyadh: A Saudi Arabia-based Yemeni expatriate has been arrested for glorifying a recent attack by Yemeni Al Houthi rebels on Saudi Aramco’s petroleum distribution depot in Jeddah on Friday, the Saudi Press…
- Middle East
Saudi Arabia gives 4% of Aramco worth $80B to sovereign fund
Dubai: Saudi Arabia said Sunday it will transfer 4% of the stock in the state-run oil giant Aramco to a sovereign wealth fund, an infusion valued at nearly 80 billion as the…
