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Saudi Aramco

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  • Monday, 23 May, 2022
    InterviewAmin Nasser
    Energy shock shows need to rethink green transition, Aramco chief says

    Amin Nasser tells FT the west needs to continue investing in oil and gas until renewables can address disruptions

  • Tuesday, 17 May, 2022
    Lex
    Saudi Aramco: crude colossus takes the crown Premium content

    Demand for the 2.5% of shares owned by foreign investors has risen with Russia’s pariah status

  • Sunday, 15 May, 2022
    Saudi Aramco profits surge 82% in first quarter

    Soaring energy prices boost oil exporter, which recently overtook Apple as world’s most valuable company

  • Wednesday, 11 May, 2022
    Saudi Aramco overtakes Apple as world’s most valuable company

    Rallying oil prices lift state-backed energy group while tech stock sell-off hits iPhone maker

  • Friday, 1 April, 2022
    Yemen
    Yemen’s warring sides agree two-month truce, says UN envoy

    Terms will allow fuel into Houthi-controlled port and flights from capital in first mutual ceasefire since 2016

  • Sunday, 20 March, 2022
    Saudi Aramco to boost oil production spending to help meet rise in demand

    Net income at energy group doubles to $110bn as a result of higher crude prices

  • Monday, 14 February, 2022
    LexClariant AG
    Clariant/Saudi Aramco: whistleblowers rock Swiss chemicals group Premium content

    Delayed results and a pending investigation into accounting irregularities have hit the company’s share price

  • Sunday, 13 February, 2022
    Saudi government transfers 4% Aramco stake to sovereign wealth fund

    Injection worth about $80bn comes as PIF plans to raise public debt

  • Wednesday, 12 January, 2022
    LexOil & Gas industry
    Oil and gas capex: investment in fossil fuels is far from fossilised Premium content

    Private oil groups will want to maximise income from existing portfolios, hence continued spending beyond the state-owned sector

  • Tuesday, 7 December, 2021
    Lex
    Saudi Aramco/BlackRock: pipeline deal shows kingdom is open to FDI Premium content

    Sale of $15.5bn stake in gas network to consortium led by US asset manager suggests green compromises are being made

  • Monday, 6 December, 2021
    Saudi Aramco warns of ‘social unrest’ if fossil fuels ditched too quickly

    Chief executive Amin Nasser says leaders must still invest in oil and gas to stave off soaring inflation

  • Monday, 22 November, 2021
    Reliance Industries Ltd
    Reliance shares hit after $15bn refinery sale to Saudi Aramco is scrapped

    Mukesh Ambani-controlled group had appointed head of Saudi sovereign wealth fund to its board

  • Sunday, 31 October, 2021
    Saudi Aramco profits hit post-listing high as global oil demand rebounds

    World’s biggest oil exporter maintains dividend at $18.8bn despite generating free cash flow of $28.7bn

  • Saturday, 23 October, 2021
    Saudi Arabia
    Saudi Arabia 2060 net zero target keeps crude in the picture

    Bin Salman promises cut in carbon emissions but likely to remain world’s biggest oil and gas producer

  • Sunday, 8 August, 2021
    Oil & Gas industry
    Saudi Aramco looks at raising production capacity as profits surge

    CEO Nasser hails ‘great opportunity’ as state-backed oil group bucks trend of global rivals

  • Wednesday, 21 July, 2021
    Cyber Security
    Saudi Aramco confirms data leak after $50m cyber ransom demand

    World’s largest oil producer says some company files were compromised

  • Thursday, 24 June, 2021
    Reliance Industries Ltd
    Ambani’s Reliance appoints head of Saudi wealth fund to board

    Addition of PIF’s Rumayyan underscores efforts to remake family-run Indian conglomerate

  • Tuesday, 4 May, 2021
    Saudi Aramco’s quarterly earnings rise nearly a third

    Higher oil prices offset lower production levels to beat forecasts

  • Wednesday, 28 April, 2021
    Saudi Aramco and India’s Reliance discuss cash and share stake deal

    State energy giant would part-pay in stock for 20% of Mukesh Ambani group’s oil refining unit

  • Saturday, 10 April, 2021
    Oil & Gas industry
    Saudi Aramco raises $12.4bn from oil pipeline deal

    Consortium of investors led by Washington-based group buys 49% stake in newly formed venture

  • Wednesday, 31 March, 2021
    Saudi Arabia
    Saudi Arabia’s crown prince looks to Aramco to lead investment plan

    Mohammed bin Salman tries to accelerate efforts to diversify oil-dependent economy

  • Tuesday, 30 March, 2021
    FT CollectionsGreensill Capital
    Lex of Arabia: how Greensill and Cameron tried to woo MBS

    Financier boasted of desert trip with former prime minister and Mohammed bin Salman

  • Tuesday, 23 March, 2021
    Energy Source
    Why Saudi Aramco is not just another super major Premium content

    Plus: Oil sands proponents’ answer to the halted Keystone XL pipeline and US liquefied natural gas exports are headed for a record month

  • Sunday, 21 March, 2021
    Saudi Aramco sticks by $75bn dividend despite sharp profit fall

    State-owned oil group ‘optimistic’ as vaccines are rolled out and demand rebounds

  • Monday, 8 March, 2021
    Oil & Gas industry
    Oil price rises above $70 after attacks on Saudi oil facilities

    Rally fades as investors weigh effects of hit to world’s biggest crude exporter

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