Saudi Aramco

Houthis say they attacked Najran airport, Aramco facilities in Saudi Arabia

Houthis have claimed that they carried out two drone attacks on Saudi Arabia, targeting area near the Narjan airport and an Aramco facility

Saudi Aramco offers crude oil outside Hormuz to some Asian refiners

In a rare ​move, Aramco is in ​talks with buyers to supply Arab Medium and Arab Heavy crude ​via ship-to-ship (STS) transfers off Fujairah in the UAE, the sources said.

Houthis hit Saudi's Aramco Jazan refinery for second time in a week

The Houthis said two drones hit the Saudi Aramco refinery in Jazan, days after an earlier attack set a crude storage tank ablaze.

Yemen's Houthis claim attack on Aramco oil facility in Saudi Arabia

Yemen's Houthis said they attacked an oil facility Sunday in southwestern Saudi Arabia, the latest attack by the Iranian-backed rebels on the kingdom. Meanwhile, Iran has made new demands about the restart of negotiations and the reopening of the Strait of Hormuz, and the Pentagon is pressing the US defence industry to accelerate production of weapons. Here's a look at developments across the Middle East on Sunday. Full coverage can be found here. Houthis target Aramco refinery ---------------------------------- Yahya Saree, a military spokesperson for the Houthis, said they targeted an Aramco refinery in the city of Jazan with a drone. The attack was in response to Saudi drones' breaching Yemen's airspace over the provinces of Hajjah and Saada, he said. Early on Sunday, the Saudi Energy Ministry reported a fire at a facility belonging to the Aramco refinery without casualties. The ministry said the fire was extinguished but it didn't describe its cause. Sunday's Houthi attack i

Aramco Q2 net jumps 44% to $32.69 bn amid Strait of Hormuz crisis

The Saudi energy major posted robust quarterly earnings as higher prices offset conflict-related disruptions, while flagging continued risks to refining, shipping and global energy security

Saudi Aramco helicopter crash leaves 14 dead; investigation under way

Aramco had resumed crude oil loadings on Friday at its Ras Tanura terminal in the Gulf after they were halted for nearly four months

Apar soars 4%, hits new high; stock zooms 146% from Jan low; here's why

In the past one month, the stock price of Apar Industries soared 34 per cent, as compared to 1 per cent rise in the BSE Sensex.

Saudi Aramco Q1 profit rises 26%, beats estimates on higher oil prices

Aramco said it benefited from higher prices of crude oil, refined fuels and chemical products during the quarter, according to a stock exchange filing

1 bn barrels lost due to Iran war will slow oil market recovery: Aramco CEO

Global energy supplies have been sharply squeezed by Iran's blockade of the Strait of Hormuz, which has curtailed shipping and driven prices higher following the US-Israeli war

Saudi Arabia restores East-West pipeline capacity to 7 mn barrels per day

Output from Saudi Aramco's offshore Manifa oil production facility was also restored, the energy ministry said Sunday, though work continues at the Khurais onshore complex

Saudi hikes Asia oil price to record premium amid Hormuz disruption

State oil producer Saudi Aramco will increase flagship Arab Light crude prices for May sales to a premium of $19.50 over regional benchmarks for refiners in Asia

Saudi offers Red Sea route for oil buyers as Hormuz crisis persists

Saudis have a 5 million barrel-a-day pipeline that runs across the country to the Red Sea, although export capacity at Yanbu may be smaller than that

Aramco CEO warns of catastrophic oil market impact from prolonged Iran war

Saudi Arabia is reducing output by as much as 2.5 million barrels a day, joining United Arab Emirates, Iraq and Kuwait in deepening cuts, Bloomberg reported on Tuesday

Saudi Aramco cuts output at two oilfields amid Strait of Hormuz crisis

Several of Saudi Arabia's neighbours have also cut production as shipping in oil transit chokepoint, carrying roughly a fifth of global oil and liquefied natural gas flows, has ground to a near halt

Saudi Aramco offers spot crude as war disrupts global oil supplies

Some of the oil was offered on a delivered basis from a supertanker, carrying 2 million barrels of crude, positioned near Taiwan, which was eventually purchased by a Japanese refiner

Saudi Aramco halts operations at Ras Tanura refinery after drone strike

There was a 'limited' fire at the plant, caused by debris from the interception of two drones that were targeting the facility

Saudi Aramco, Iraq's SOMO halt crude oil sales to India's Nayara Energy

The halting of supply from the two Gulf exporters means Nayara, majority-owned by Russian entities including oil major Rosneft, relied entirely on Russia for its crude oil imports in August

Reliance, Aramco eye BP's Castrol unit in potential $10 billion deal

BP's Castrol division could fetch $8-10 billion, drawing interest from Reliance, Aramco, and private equity firms in one of the year's biggest energy deals

LTIMIndtree, Aramco Digital to start IT services company in Saudi Arabia

LTIMindtree and Aramco Digital launch NextEra in Saudi Arabia to accelerate digital transformation, boost local IT services, and support Vision 2030 goals

Saudi Aramco eyes asset sales for expansion amid lower oil prices: Report

The company has asked investment bankers to pitch ideas for how to raise funds from its assets