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aramco news

Aramco helicopter crashes in Saudi Arabia's Ras Tanura, 14 killed

Saudi Aramco helicopter crashes in Saudi Arabia's Ras Tanura, 14 killed
Updated on Jun 29, 2026 06:32 am IST

Saudi Aramco chief to skip key energy event in US amid oil crisis over Hormuz

File photo of President and CEO of Aramco Amin Nasser.
Updated on Mar 23, 2026 09:34 am IST

There's a Red Sea alternative to Hormuz Strait, but it's not a straight solution

King Fahad Industrial Port is in Yanbu, Saudi Arabia.
Updated on Mar 18, 2026 06:00 pm IST

Saudi's Aramco denies claims it is in talks with Ukrainian firms for drones

This satellite image provided by Vantor shows damage after a drone attack at Ras Tanura oil refinery, in Saudi Arabia.
Updated on Mar 13, 2026 04:47 am IST

Saudi Arabia may announce landmark Aramco share sale soon: Report

Aramco share sale: The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France.
Published on May 30, 2024 08:55 pm IST

Aramco dividend hike hands PIF $5 billion quarterly windfall: What this means

The Saudi Aramco logo is pictured.
Published on Mar 11, 2024 08:26 am IST

Saudi Arabia's Aramco Q2 profit drops 40% due to lower oil prices

An Aramco employee walks near an oil tank at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia.
Updated on Aug 07, 2023 05:51 pm IST

Saudi Arabia transfers $80 billion Aramco stake to kingdom’s wealth fund

Saudi Arabia said it will transfer 4% of its stock in the state-run oil giant Aramco to its state investment fund, a nearly $80 billion infusion of cash as it tries to overhaul its energy-dependent economy. (AP Photo)
Published on Feb 13, 2022 11:55 am IST

Saudi lowers oil prices for Asia as India faces second wave of Covid-19

Saudi Energy Minister Prince Abdulaziz bin Salman has urged fellow members of OPEC+ to be cautious as the group eases supply cuts started last year when the pandemic was hammering energy markets.
Published on May 05, 2021 07:40 pm IST

Saudi Arabia stops disclosing oil revenue after Aramco listing

This is the first time in years the kingdom -- which received dividends from Aramco even before it went public -- hasn’t broken down projected oil revenue.
Updated on Dec 16, 2020 03:32 pm IST

Saudi Arabia raise crude pricing in Asia as vaccines buoy oil market

This time, state producer Saudi Aramco raised pricing for Arab Light crude for Asia by 80 cents a barrel to 30 cents above the benchmark
Updated on Dec 06, 2020 04:53 pm IST

Yemen rebels claim attack on Saudi oil facility in Jiddah

FILE PHOTO: An employee looks on at a Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo
Updated on Nov 23, 2020 03:26 pm IST

Saudi Arabia’s financial woes mean it’s squeezing cash cow Aramco

An employee looks on at a Saudi Aramco oil facility in Abqaiq, Saudi Arabia.
Published on Sept 09, 2020 02:36 pm IST

Saudis reduce oil pricing in sign demand recovery struggling

The Saudis raised oil pricing from June to August for Asia
Published on Sept 06, 2020 04:06 pm IST

Aramco delays multibillion-dollar LNG, petrochemical plans

Oil tanks at a Saudi Aramco oil facility in Abqaiq, Saudi Arabia.
Updated on Sept 03, 2020 09:46 am IST

Aramco still aims for $15 billion deal with India’s Reliance

Oil tanks at a Saudi Aramco oil facility in Abqaiq, Saudi Arabia.
Updated on Aug 10, 2020 06:20 pm IST

Saudis seen cutting oil price as fresh supply meets demand slump

A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia.
Updated on Jul 30, 2020 02:03 pm IST

Aramco delays oil pricing statement as OPEC+ talks continue

Aramco didn’t immediately comment on the delay. The company’s pricing is a key indicator for traders since it affects about 14 million barrels a day of Persian Gulf crude exports
Updated on Apr 11, 2020 07:06 pm IST

A flood of $25-a-barrel Saudi Arabian oil is headed for Europe

Oil pumping jacks, also known as "nodding donkeys", operate in an oilfield near Almetyevsk, Tatarstan, Russia, on March 11, 2020.
Updated on Mar 12, 2020 07:22 am IST

Reliance, Aramco accelerate refinery stake sale talks: Report

For Aramco, the deal could be its biggest since agreeing to buy a majority stake in Saudi Basic Chemicals for $69 billion last year.
Updated on Feb 19, 2020 04:18 pm IST

Aramco declares $1.71 trillion valuation in blockbuster IPO

Saudi Arabia on Sunday placed a preliminary valuation on state oil company Aramco of between $1.6 trillion and $1.7 trillion.
Updated on Nov 17, 2019 05:12 pm IST

Saudi Aramco takes another step toward first public offering

Saudi Arabia’s state-owned oil giant Aramco revealed it will sell up to 0.5% of its shares to individual investors
Updated on Nov 10, 2019 10:26 am IST

Saudis save up for Aramco share sale many see as one-way bet

Few question the decision of the crown prince, the de facto Saudi leader, to diversify the nation’s economy away from its huge stores of fossil fuel. But the IPO came at a sub-optimal moment.
Updated on Nov 04, 2019 01:33 pm IST

Saudi Crown Prince gives green light for Aramco IPO

Aramco, which pumps about 10% of the world’s oil, generated the most profit of any corporation last year with net income of $111 billion -- more than Apple Inc., Google’s parent Alphabet Inc. and Exxon Mobil Corp. combined.
Updated on Nov 03, 2019 11:54 am IST

Aramco to start work on Maharashtra refinery after getting land: Saudi minister

Prime Minister Narendra Modi meets the Crown Prince of Saudi Arabia, Mohammed bin Salman Al Saud, in Riyadh on Tuesday.
Updated on Oct 31, 2019 11:47 pm IST

At meeting with Saudi Crown Prince, NSA Ajit Doval talks Kashmir, Aramco attack

Ajit Doval on Wednesday met Saudi Crown Prince Mohammed Bin Salman to exchange notes on the regional and global security environment.
Updated on Oct 02, 2019 08:17 pm IST

Saudi Arabia to restore full oil output by next week: Report

Workers at the damaged site of Saudi Aramco oil facility in Abqaiq, Saudi Arabia on September 20, 2019.
Updated on Sept 24, 2019 06:16 am IST

Saudi Arabia reveals extent to oil plants after drone strike

Abqaiq was struck 18 times while nearby Khurais was hit four times in a raid that triggered multiple explosions and towering flames that took hours to extinguish.
Updated on Sept 21, 2019 07:12 am IST

Saudi Arabia says oil output to be restored by end of September

Riyadh pumps some 9.9 million barrels per day (bpd) of which around 7.0 million bpd are exported, mostly to Asian markets.
Updated on Sept 18, 2019 10:38 am IST