Saudi Aramco

Saudi Aramco has reported stronger-than-expected financial results for the first quarter of 2026, posting a sharp rise in profit as the company maximised the use of its East-West pipeline to counter disruptions caused by tensions in the…

Saudi Aramco’s mega stock offering will raise at least $11.2 billion for Riyadh, the biggest such deal globally in about three years that will help fund a multitrillion-dollar push to transform the economy. The government will sell…

An explosion rocked a Singapore-flagged oil tanker off the Saudi port city of Jeddah Monday, the vessel's owner said, in the latest in a series of attacks on energy infrastructure in the kingdom. No group has so far claimed…

Oil giant Saudi Aramco and energy services company Baker Hughes have formed a 50/50 joint venture, Novel, to develop a broad range of non-metallic products for multiple applications in the energy sector. Novel’s new plant is being…

Saudi Aramco said Tuesday that a strike by Yemen's Huthi rebels on its plant in Jeddah tore a hole in an oil tank, triggering an explosion and fire that was quickly extinguished. The energy giant took reporters to the distribution…

Saudi Aramco 2222.SE , on Monday, said it has hired a group of banks ahead of a multi-tranche U.S. dollar-denominated bond issuance, as the world's largest oil company seeks to raise cash amid lower oil prices. The announcement comes as…

Saudi Arabian state oil group Aramco 2222.SE on Tuesday reported a 44.6% drop in third-quarter net profit, in line with analysts' estimates, dented by lower crude oil prices and volumes sold as the coronavirus crisis choked demand. Weaker…

A group of the world’s top oil companies including Saudi Aramco, China’s CNPC and Exxon Mobil have for the first time set targets to cut their combined greenhouse gas emissions as a proportion of production, as pressure on the sector’s…

Saudi Aramco (2222.SE) has completed its purchase of a 70% stake in petrochemicals company Saudi Basic Industries (2010.SE) for $69.1 billion and extended the payment period by three years to 2028, providing a cushion against weak oil…

Wahed, a digital Islamic investment platform, has attracted a $25 million investment round led by Saudi Aramco Entrepreneurship Ventures (also known as Wa’ed Ventures), a venture capital investment arm of Saudi Aramco. The round included…