90 stories found
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The CEO of Saudi Aramco has withdrawn from the CERAWeek international energy conference in the US, reportedly remaining in Saudi Arabia due to the ongoing Iran conflict, the growing oil crisis, and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Amin Nasser, CEO of Saudi Aramco, has withdrawn from a major international energy conference, including CERAWeek in Houston, with sources indicating his absence is due to the ongoing Iran conflict and the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.
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.
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.