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The Latest Breaking News from Aramco

Saudi Aramco reports $26.9B profit in third quarter, down slightly over lower oil prices

Saudi oil giant Aramco is reporting a $26.9 billion profit in the third quarter, down slightly from last year as global energy prices remain depressed over concerns of too much oil being on the market

The Independent UK

Baker Hughes Secures Aramco Deal To Boost Saudi Arabia Gas Resources

Energy services major Baker Hughes Co. (NASDAQ:BKR) secured a multi-year contract from oil giant Aramco to expand operations across Saudi Arabia’s extensive natural gas fields.

Benzinga

This Tiny Engine Could Save Internal Combustion. We Talked to the Company's CEO

Horse Powertrain, a global supplier of powertrain systems, unveiled its latest hybrid and combustion innovations at the IAA Mobility Show in Munich this year. The company supplies parts for leading automotive manufacturers like Renault, Geely, Volvo, Proton, Nissan, and Mitsubishi.

Motor1

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'If You're A LIV Golf Fan, I'd Have Very Little Concern To What's Happening' - CEO Scott O'Neil On Contract Renewals, New PGA Tour Boss And Timeline For Women's LIV Golf League

The LIV Golf boss spoke to Rick Shiels about a number of topics, including his friendship with the new PGA Tour CEO Brian Rolapp, as well as LIV's player contracts

Golf Monthly

Dacia’s Batmobile-like racer runs on sustainable biofuels, eats deserts for breakfast and scared me senseless

Here's what it's like to ride in a 335bhp off-road behemoth…

TechRadar

Aramco's Strategic Shift: Islamic Bond Filing Hints at Fresh Capital Moves

After raising $5bn, Saudi oil giant Aramco preps for more—navigating falling cash flows, state pressure, and global expansion.

International Business Times UK

Saudi Arabian oil giant Aramco takes hit due to lagging oil prices

Saudi Arabia has also pledged to invest hundreds of billions in the US over the course of Donald Trump's second term.

Euronews

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Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlier

Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion, down 4%

The Independent UK

How Saudi Arabia has sights set on F1 summit with $480m ‘Rainbow Road’ Qiddiya track

F1 returns to Jeddah for the fifth Saudi Arabian Grand Prix this weekend, but the fastest street circuit in the world will soon be overshadowed by a futuristic track outside the capital city, Riyadh

The Independent UK

Saudi Arabia hints at one day buying an F1 team

Saudi Arabia is open to buying a Formula 1 team as Prince Khalid bin Sultan Al-Abdullah Al-Faisal has admitted it is something he would like to see in the future.

Autosport

Saudi Arabia on buying an F1 team: "Why not?"

Saudi Arabia would be open to buying a Formula 1 team as Prince Khalid bin Sultan Al-Abdullah Al-Faisal admitted it is something he would like to see in the future.

Motorsport

7 questions for Valvoline Global CEO Jamal Muashsher, who was once a producer on a Bear Grylls TV show

Valvoline Global CEO Jamal Muashsher came to the company after a stint at Procter & Gamble, where he sold skincare products. Now he's running a $3 billion oil behemoth owned by Saudi Aramco.

Fortune

Mideast stock markets tumble as US tariffs and low oil prices squeeze energy-producing nations

Middle East stock markets are tumbling as they struggle with the dual hit of U.S. tariffs and a sharp decline in oil prices

The Independent UK

First migrant worker dies building a World Cup stadium in Saudi Arabia

Muhammad Arshad, from Pakistan, was a foreman building Aramco Stadium in Al Khobar, one of 11 new venues for 2034

The Guardian - UK

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Barchart

Crude Prices Finish Higher on Dollar Weakness

April WTI crude oil (CLJ25 ) Friday closed up +0.68 (+1.02%), and April RBOB gasoline (RBJ25 ) closed up +0.0075 (+0.36%). Crude oil and gasoline prices posted moderate gains on Friday. Friday's slump in the dollar index (DXY00 ) to a 4-month low is bullish for energy prices. Also, comments...

Barchart

Crude Prices Gain as President Trump Threatens Additional Sanctions on Russia

April WTI crude oil (CLJ25 ) today is up +1.04 (+1.57%), and April RBOB gasoline (RBJ25 ) is up +0.0135 (+0.64%). Crude oil and gasoline prices today are moderately higher. Today's slump in the dollar index (DXY00 ) to a 4-month low is bullish for energy prices. Also, today's comments...

The Independent UK

Saudi oil giant Aramco reports $106 billion profit in 2024, down 12% on lower energy prices

Saudi Arabia’s state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12% from the prior year on lower energy prices

Evening Standard

Meta and Uber among firms ‘linked’ to alleged corporate migrant worker abuse

The Business & Human Rights Resource Centre found 665 cases of alleged abuse against migrant workers in publicly documented information.

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The Guardian - UK

‘Ironic’: climate-driven sea level rise will overwhelm major oil ports, study shows

Ports including in Saudi Arabia and the US projected to be seriously damaged by a metre of sea level rise

The Guardian - UK

The Guardian Footballer of the Year Sofie Junge Pedersen: ‘We wanted to send a message’

The Inter and Denmark player wins the award for her climate activism and being behind an open letter to Fifa regarding Saudi Arabia’s human rights issues

Autosport

How Alpine is helping Loeb's bid for Dakar history with an unlikely challenger

The Dakar Rally returns to provide one of motorsport's toughest tests for human and machine in January, with Saudi Arabia again hosting the challenge. It may not be the event it once was when run through Africa to the Senegalese capital [the event's name gives it away] but the test…

The Conversation

New stadiums, airports and oil links: the environmental cost of Saudi Arabia’s 2034 World Cup

Fifa has confirmed Saudi Arabia as the host of the 2034 men’s World Cup, meaning the biggest football event on the planet will return to the Middle East.

Autosport

Why hybrid power isn't in F2's future plans

Formula 2 CEO Bruno Michel has conceded it would be “impossible” for the championship to switch to a hybrid powertrain in the future.

The National (Scotland)

Saudi Arabia’s growing influence on sport ahead of 2034 World Cup host decision

Saudi Arabia is set to be officially awarded hosting rights for the 2034 men’s World Cup on Wednesday.

Benzinga

Aramco, Linde, Schlumberger Form Alliance For Carbon Capture And Storage Hub

Aramco, Linde, and SLB have formed a partnership to establish a CCS hub in Saudi Arabia, aiming to reduce emissions and increase capacity in future phases.

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