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The Latest Breaking News from Aramco

Is FIFA’s sponsorship deal with a Saudi-owned oil giant really ‘a middle finger’ to women’s soccer?

Athletes’ voices are a necessity in the matrix of good sports governance, a message reinforced at last week’s annual Australia New Zealand Sports Law Association conference in Sydney, attended by some of the world’s best – and busiest – sports lawyers.

The Conversation

Pat Cummins takes lead on climate crisis as cricketers pitch green plan

Cricket for Climate is making ‘phenomenal’ strides in Australia, and the global game is joining the movement

The Guardian - UK

Saudi oil sponsorship: Why have more than 100 women's footballers opposed the deal?

106 women's footballers from 24 different countries have signed an open letter opposing the sponsorship deal

FourFourTwo

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‘Our Euros start now’: Stanway seeks Lionesses spark before Germany game

Georgia Stanway says the defence of England’s European title begins now as they prepare to face Germany in a friendly at Wembley

The Guardian - UK

Female players urge Fifa to rethink sponsorship deal with Saudi oil giant

World football's governing body Fifa came under pressure on Monday to reconsider a sponsorship deal with the Saudi Arabian oil firm Aramaco after it received an open letter from 106 female football players from 24 countries including France, Denmark and the United States.

Radio France Internationale

Top female footballers urge Fifa to end deal with Saudi ‘nightmare sponsor’

Letter to governing body accuses Saudis of using sports to ‘distract from the regime’s brutal human rights reputation’

The Guardian - UK

Becky Sauerbrunn and over 100 women's soccer players protest FIFA deal with Saudi oil giant Aramco

Former U.S. national team captain Becky Sauerbrunn and Netherlands forward Vivianne Miedema are among more than 100 women’s soccer players who have signed an open letter protesting FIFA’s sponsorship deal with Saudi Arabian state oil giant Aramco

The Independent UK

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Vivianne Miedema among 100 women’s footballers urging Fifa to end Saudi oil deal

Fifa announced a sponsorship with Aramco last year which will see the oil giant sponsor the men’s World Cup in 2026 and Women’s World Cup in 2027

The Independent UK

Fossil fuel companies sponsor $5.6bn in global ‘sportswashing’ deals

Thinktank says funding from oil and gas firms is attempt to ‘divert attention from their role in fuelling the climate crisis’

The Guardian - UK

Report: Tiger Woods Flies Into New York For PGA Tour/PIF Talks

Per ESPN, the 15-time Major winner is attending meetings with the PIF over the coming days alongside fellow PGA Tour policy board member Adam Scott and other representatives

Golf Monthly

Charley Hull Reveals Shower Incident Partially To Blame For Disappointing First Round At Paris 2024

The World No.11 has only just returned from injury after an accident in her hotel room caused Hull to miss playing time

Golf Monthly

Aramco Reports .3 Billion Profits Amid Global Economic Concerns

Aramco's .3B profit, optimistic about future demand, plans dividends, and holds strong market value in the oil industry.

Top News

Saudi Aramco to pay record dividends despite dip in profits

World’s biggest oil company will pay shareholders, including Saudi state, quarterly dividend of $31bn

The Guardian - UK

Saudi Aramco Q2 Profit Dips 3% As Output Stays Low

Saudi oil giant Aramco on Tuesday reported net income of $29.07 billion in the second quarter, a slight drop from the same period last year as output remained subdued.

International Business Times

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The Independent UK

Saudi Arabia's Aramco reports lower half-year profits as economic worries dampen energy prices

Saudi oil giant Aramco has reported half-year profits of $56.3 billion, down from the year before due to weakening volumes sold amid worries about the global economy

Motorsport

Ex-Mercedes F1 engine boss Cowell replaces Whitmarsh as Aston Martin CEO

Former Mercedes Formula 1 engine chief Andy Cowell will replace ex-McLaren team boss Martin Whitmarsh as Aston Martin’s group CEO from 1 October, the team announced on Tuesday.

Autosport

Ex-Mercedes F1 engine boss Cowell replaces Whitmarsh as Aston CEO

Former Mercedes Formula 1 engine chief Andy Cowell will replace ex-McLaren team boss Martin Whitmarsh as Aston Martin’s group CEO from 1 October, the team announced on Tuesday.

Fortune

Saudi Aramco's AI push: Why the world's biggest oil company is spending big on GenAI

The world's biggest oil and gas company is sinking its profits into LLMs to make drilling more efficient—and to prepare itself for a future after peak oil.

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Motorsport

Aston Martin battling distorted expectations after 2023 charge

Aston Martin team boss Mike Krack says overdelivering in the 2023 Formula 1 season means it is now battling inflated expectations.

Golf Monthly

Aramco Team Series presented by PIF - London: Get Your Tickets To See Defending Champion Nelly Korda Star In Strong Field

Some of the world's best players will be competing in the innovative Aramco Team Series presented by PIF at the Centurion Club from Wednesday 3rd July to Friday 5th July 2024

International Business Times

As Investment Drive Falters, Saudi Milks Aramco 'Cash Cow'

A fresh offering of shares in Saudi Aramco, the Gulf kingdom's largely state-owned oil behemoth, comes at a pivotal moment for sweeping economic reforms that have struggled to lure foreign investment.

The Independent UK

Oil giant Saudi Aramco offers a second stock tranche worth billions of dollars

Saudi Arabia says it will sell a second sliver of stock in its state oil giant Aramco worth billions of dollars, its first tranche since its initial public offering back in 2019

International Business Times

Oil Giant Aramco To Offer Shares Worth Over $10 Bn On Saudi Bourse

Oil giant Saudi Aramco said on Thursday it plans to sell 1.545 billion shares worth more than $10 billion in one of the biggest such offerings in recent years.

Fortune

Saudi Aramco says it can reach 'net zero' without producing less oil. Can it really thread that needle?

Inside the tricky balancing act at Saudi Aramco, the world's most profitable company and biggest oil producer.

Barchart

Schlumberger Stock Outlook: Is Wall Street Bullish or Bearish?

Although Schlumberger has underperformed the broader market YTD, Wall Street analysts are optimistic about the stock’s rebound potential.

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