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The Latest Breaking News from Aramco

Aramco Establishes 2 Offshore Fabrication Yards in Collaboration with Int’l Partners

Saudi Aramco, in collaboration with international partners, is establishing two offshore fabrication yards that aim to deliver a more than 200 percent increase in Saudi Arabia’s offshore fabrication capacity, announced the company on Monday. The new yards are being constructed in Ras Al Khair in collaboration with National Petroleum Construction…

Asharq Al-Awsat

Lexi Thompson won an Aramco Team Series event in New York over the weekend. What does it mean for the LPGA and Golf Saudi?

The Aramco events are not official LPGA events, but the LPGA did enter into a joint venture with the LET in 2019.

USA Today Sports Media Group

Lexi Thompson breaks three-year victory drought at Aramco Team Series event in New York

“I came into today just the way I played yesterday, just playing aggressive golf, and being kind of fiery.”

USA Today Sports Media Group

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Nelly Korda, Lexi Thompson, Brooke Henderson among big names at Saudi-backed Aramco event at Trump Ferry Point

Golf Saudi backs six of events on the LET schedule.

USA Today Sports Media Group

Kwasi Kwarteng held undisclosed meetings with Saudi oil firms

Green MP Caroline Lucas urges chancellor to ‘come clean about dealings with Saudi oil giants’

The Independent UK

Documents reveal Kwasi Kwarteng's undisclosed meetings with Saudi Arabian oil firms

CHANCELLOR Kwasi Kwarteng held undisclosed meetings with senior executives of Saudi Arabian firms when he was business secretary, according to…

The National (Scotland)

Kwasi Kwarteng’s secret meetings with Saudi oil firms revealed

Exclusive: Meetings while in Saudi Arabia undisclosed due to ‘administrative oversight’, says business department

The Guardian - UK

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Trump, Saudis on menu in Liveris address

Andrew Liveris has reflected on his relationship with Donald Trump and defended his place on a Saudi-backed board in an address to the Queensland Media Club.

AAP

Brisbane 2032 Olympics organiser defends sitting on board of fossil fuel company

Andrew Liveris says his position at Saudi Aramco means he ‘knows the solutions’ as he presides over climate-positive games

The Guardian - AU

Aramco CEO: Securing Buffer Spare Capacity Not Saudi Arabia's Responsibility Alone

Saudi Aramco Chief Executive Amin Nasser on Tuesday said that spare capacity in the oil market stands at 1.5% of global demand, adding that providing a buffer of spare capacity was not the responsibility of Saudi Arabia alone. "(The market is) focusing on what will happen to demand if a…

Asharq Al-Awsat

Why F2 are "pioneers", not lab rats, over sustainable fuel switch

FIA Formula 2 CEO Bruno Michel has insisted the series is “not being a testing ground, we are pioneers” as it prepares to switch to sustainable fuels next year.

Motorsport

Why F2 are pioneers, not lab rats, over sustainable fuel switch

FIA Formula 2 CEO Bruno Michel has insisted the series is “not being a testing ground, we are pioneers” as it prepares to switch to sustainable fuels next year.

Autosport

Why F1 has held back on "unfair" early sustainable fuel switch

Formula 1 has nailed its flag to the mast in mapping out a long-term future revolving around hybrid engines running on fully sustainable fuels.

Autosport

Saudi Arabia Leads Regional AI through Laboratory, Global Development Corridor

Saudi Arabia hosted the second edition of the Global AI Summit under the patronage of Crown Prince Mohammad bin Salman bin Abdulaziz, who also chairs the Board of Directors of the Saudi Authority for Data and Artificial Intelligence (SDAIA). During the summit, the Saudi Company for Artificial Intelligence (SCAI) announced…

Asharq Al-Awsat

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Motorsport

F2, F3 to run with 55% sustainable fuels from 2023 season

Formula 2 and Formula 3 are set to partner with Aramco to pioneer sustainable fuels from 2023.

Autosport

Formula 2 and 3 to pioneer sustainable fuels from 2023 season

Formula 2 and Formula 3 are set to partner with Aramco to pioneer sustainable fuels from 2023 to help reach Formula 1's overall sustainability targets for 2026 and beyond.

USA Today Sports Media Group

Report: Aramco Team Series event headed to Trump Golf Links at Ferry Point

The event is scheduled for October 13-15.

Tribune News Service

Mayor's office allows Trump's company to host Saudi-tied golf tournament in NYC

NEW YORK — Former President Donald Trump’s company has gotten the green light to host a golf tournament in the Bronx sponsored by the Saudi Arabian government, infuriating relatives of 9/11 victims already fuming over a similar event held at a Trump course in neighboring New Jersey last month.

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The Guardian - UK

Saudi Aramco profits soar by 90% as energy prices rise

The $48bn figure from world’s biggest oil firm is thought to be one of largest quarterly profits in history

WEKU

Your price at the pump went up. So did Saudi Aramco's profits — to a new record

Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion.

The Independent UK

High oil prices help Saudi Aramco earn $88B in first half

Saudi oil company Aramco’s half-year profits peaked just shy of $88 billion as oil prices remain high globally

Asharq Al-Awsat

Saudi Aramco Profit Soars on Higher Prices and Refining Margins

Saudi Arabian state oil producer Aramco reported a 90% rise in second-quarter profit on Sunday, boosted by higher oil prices, volumes sold and refining margins.

Asharq Al-Awsat

KAUST President to Asharq Al-Awsat: We Are Extracting Lithium from Sea Water to Make Batteries

Professor Tony Chan, President of King Abdullah University of Science and Technology (KAUST), revealed tangible success in transforming research and studies conducted at the university into real-world inventions. This led to the inclusion of KAUST on the list of research universities that were able to export technology outside its geographical…

Asharq Al-Awsat

Aramco and SABIC Agri-Nutrients Receive World’s First TÜV Certificate of Accreditation for ‘Blue’ Hydrogen, Ammonia Products

Aramco and the SABIC Agri-Nutrients Company (“SABIC AN”), have obtained the world’s first independent certifications recognizing “blue” hydrogen and ammonia production, Aramco said in a statement on Thursday. The certifications were granted by TÜV Rheinland, a leading independent testing, inspection and certification agency based in Germany, to SABIC AN, in…

Bangkok Post

Saudi Arabia raises oil prices for Asia to record levels

Saudi Arabia raised oil prices for buyers in Asia to record levels, a sign the world’s largest exporter sees the region’s market remaining tight.

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