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OIL GIANT ARAMCO
Iran war: Humanitarian crisis awaits if Strait of Hormuz is not opened now, UN Official warns. What are major problems that world may witness in case deadlock continues?Strait of Hormuz deadlock: Iran has had the strategic waterway -- through which a third of the world's fertilisers normally pass.11 May, 2026, 10.34 PM IST- 'Largest energy supply shock ever': Aramco CEO warns Hormuz crisis could delay oil market recovery till 2027Saudi Aramco's CEO Amin Nasser has predicted that the global energy markets may remain volatile until 2027 due to ongoing disruptions in th...11 May, 2026, 05.53 PM IST
- Iran has attacked Saudi Arabia's Jubail petrochemical complex, IRGC saysIran's Revolutionary Guard claimed responsibility for attacking Saudi Arabia's Jubail petrochemical complex. This action was reportedly a r...07 Apr, 2026, 08.27 PM IST
- Saudi Aramco quarterly profit dips to $29 billion as output stays lowSaudi oil giant Aramco on Tuesday reported net profit of $29.07 billion in the second quarter, a slight drop from the same period last year...06 Aug, 2024, 07.01 PM IST
- Saudi Aramco boosts dividend payout to $31 billion despite 25% fall in full-year profitSaudi Arabia's oil giant Aramco on Sunday reported 454.76 billion riyals ($121.25 billion) in net profit for 2023, down from a record $161....10 Mar, 2024, 12.58 PM IST
- Saudi oil giant Aramco reports $30B in Q2 profits, down nearly 40% from last yearSaudi Arabian Oil Co (Aramco) announced a 40% slump in profit in Q2 2022 to $30bn, driven by lower crude oil prices and weaker refining and...07 Aug, 2023, 03.17 PM IST
- Yemen's Houthi rebels launch drone strikes on key Saudi sitesThe attacks did not cause casualties, the Saudi-led military coalition fighting in Yemen said, but damaged nearby civilian vehicles and hom...21 Mar, 2022, 12.59 AM IST
- Saudi Aramco's 2021 profit more than doubles on higher oil pricesAnalysts had expected a net profit of $106 billion in 2021, according to the mean estimate of analysts in Refinitiv's Eikon.20 Mar, 2022, 02.04 PM IST
- Apple may soon lose the crown of the world's most valuable stock. Blame crude oilBenefiting from oil prices hitting the highest since 2008, Aramco shares have jumped 15% in less than three weeks, giving it a market capit...09 Mar, 2022, 09.10 PM IST
- Saudi Aramco sees third-quarter income rise to $30.4 billionSaudi Arabia's majority state-owned oil giant Aramco said its net income more than doubled from $11.8 billion during the same three-month p...31 Oct, 2021, 11.48 AM IST
- Oil giant Aramco may have to sell assets, borrow more to maintain Saudi dividendWhile Saudi Arabia has increased non-oil revenues this year, Aramco still accounted for more than half its total income, and will be key to...16 Dec, 2020, 08.43 PM IST
- BPCL stake sale: Saudi Aramco, Rosneft unlikely to bidRussia's Rosneft had expressed an interest in buying the federal government's 53.29% stake in Bharat Petroleum (BPCL) when its chief execut...30 Sep, 2020, 06.42 PM IST
- Saudis raise July Arab light crude official selling price to Asia by $6.10: DocumentIt has also raised the July OSP of its Arab light crude oil to the United States, setting it at a premium of $1.35 per barrel over ASCI (Ar...07 Jun, 2020, 08.22 PM IST
- $320 billion shaved off Saudi Aramco's market-cap in two daysSaudi Aramco's capitalisation stands at $1.44 trillion, way below the $2 trillion sought by the kingdom.09 Mar, 2020, 02.44 PM IST
- Saudi Aramco trades below IPO price for first timeAramco's record IPO in Decmeber had valued the firm at $1.7 trillion, making it the world's most valuable company.08 Mar, 2020, 01.01 PM IST
- Saudi Aramco to restart preparations for its ‘$100 billion’ IPOThe revived IPO plan will still face significant hurdles.02 Jul, 2019, 03.05 PM IST
- World's largest oil firm Aramco plans to invest in IndiaIndia is specifically looking at Saudi investment in 'high temperature deep sea off shore exploration' and has opened up the sector for FDI.04 Apr, 2016, 01.08 AM IST
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