Saudi Aramco Posts Declining Profits for 10th Consecutive Quarter
Saudi Aramco, the national oil company of Saudi Arabia, posted a 22 percent decline in profits for the second quarter of 2025.
Aramco
Report: Gulf States Looking to Protect Oil Assets by Playing Nice with Iran
The Reuters news agency reported on Thursday that Gulf nations are concerned that any escalation between Iran and Israel will implicate them and threaten their oil facilities, leading to attempts to ingratiate themselves with Iran.
Saudi Aramco Announces Second-Highest Profits on Record for 2023
Saudi Arabia’s national oil company, Aramco, on Sunday reported near-record profits of $121 billion in 2023. The eye-catching total might seem a bit surprising given media narratives that fossil fuels are on the way out, but Aramco found demand for oil stronger than ever, albeit distributed somewhat differently than in years past.
Saudis, China Announce Joint Petrochemical Project
The Saudi Basic Industries Corporation (SABIC) on Sunday announced an investment plan to build a petrochemical complex in China’s Fujian province, in cooperation with the Fujian Fuhua Gulei Petrochemical company.
Saudi Arabia’s GDP Tops $1 Trillion as Oil Prices Surge
Saudi Arabia announced this weekend that its gross domestic product had crossed the threshold of $1 trillion for the first time in its history, a milestone reached with the aid of high global oil prices and heavy government investment in tourism and entertainment.
ESG Pioneer Blackrock Names CEO of World’s Largest Oil Company to Its Board
Asset management giant BlackRock announced on Monday that it had named the CEO of Saudi Aramco, the world’s largest oil company, to its board of directors.
Saudi Oil Giant Aramco to Build Refinery in China
Saudi Arabia’s state oil company Aramco announced on Sunday that it has signed a deal with Chinese analog China Petroleum and Chemical Corporation (Sinopec) to build an oil refinery in southeast Fujian province, helping secure a stable and affordable supply of gasoline and other fuels in China.
Saudi Aramco Cites Cyberattacks as Top Security Risk Alongside Natural Disasters and Terrorism
Amin Nasser, the chief executive officer of Saudi Arabia’s national oil company Saudi Aramco, said on Tuesday that cyberattacks have become one of the top threats faced by the gigantic energy corporation – a menace as threatening as natural disasters and terrorist attacks on Aramco’s physical assets.
Saudi Oil Giant Hits Record Quarterly Profits: More than Apple, Facebook, Google Combined
The state-run Saudi Arabian Oil Company (Aramco) announced on Sunday that it recorded a 90 percent year-on-year increase in its net income in the second quarter of 2022, amounting to a record-high profit of $48.4 billion, the Saudi Press Agency (SPA) reported.
Saudis Warn Global Oil Supply in Jeopardy over Iran-Backed Houthi Attacks
Amin Nasser, CEO of Saudi Arabia’s national oil company Aramco, said on Monday that the world had better begin paying close attention to the relentless terrorist attacks on Saudi oil facilities launched by the Iran-backed Houthi insurgents of Yemen, because Houthi mischief could make it difficult for the Saudis to increase oil shipments in response to global demand.
Green Hypocrisy: BBC Took £300K from Saudi Arabia National Oil Corp Last Year
The BBC has been revealed to have received hundreds of thousands in ad revenue from Saudi Arabia’s national oil company.
Saudi Oil Corporation Forces Migrant Worker into Hand Sanitizer Costume
Oil giant Saudi Aramco reportedly forced a migrant worker to wear a surgical mask and a large hand-sanitizer dispenser, serving as a human dispenser to keep Saudis safe from the Chinese coronavirus, photos on Tuesday revealed.
Saudis: Oil Production Fully Restored by End of Month, Aramco IPO Still on Schedule
Saudi Arabian energy minister Prince Abdulaziz bin Salman said on Tuesday that oil production will be fully restored by the end of September following a drone and missile attack on oil facilities Yemen’s Houthi rebels have claimed.
Going Public: Saudi Energy Giant Aramco Ready for Two-Stage Market Launch
Saudi energy giant Aramco is ready for a two-stage IPO but the timing is up to the government, its chief executive said Tuesday, flagging a possible foreign listing as part of the offering.
