The Latest Breaking News from Saudi Aramco

Fifty oil companies representing nearly half of global production have pledged to reach near-zero methane emissions and end routine flaring in their operations by 2030, the president of this year’s U_N_ climate talks said Saturday, a move that environmental groups called a “smokescreen.”

Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but a less visible lineup of powerful state companies dominates the industry.

Decline in crude oil prices and less refining income trims revenues inflated in 2022 by Russian invasion of Ukraine

As supply constraints and increasing demand tighten the global crude market, Saudi Arabia raises oil prices to Asia and Europe

The move raised several eyebrows across corporate and social media circles. 

There are no Global 500 companies from Africa and very few in Asia, other than in China and Japan.

Woods reportedly turned down up to $800 million from the Saudi organization prior to the deal's announcement.

Walmart tops the Fortune Global 500 for the 10th year in a row, but Saudi Aramco is a close second.

Technological upheaval is a constant threat to corporate giants like No. 1 Walmart, No. 2 Saudi Aramco, and Google parent Alphabet.