Iran war shifts profit from crude to refineries
Pumping crude made the real money for the likes of Exxon, Chevron, Shell, and BP. The Iran war has turned that order on its head...
Tag : Saudi Aramco
Higher oil prices, Malaysia joint venture exit lift Aramco’s Q3 profit 34.5%
Aramco reported a net profit of USD 36.25 billion in the three months ended September 30 compared with USD 26.9 billion in the year-earlier period...
Saudi Arabia to store oil in Singapore’s Jurong Rock Caverns to boost Asia supply security
The Kingdom plans to store crude oil in Singapore from 2027, strengthening Aramco’s Asian supply chain and regional energy security amid shipping disruptions...
Aramco seeks foreign partners to expand oil stockpiles as exports hit five-month high
Aramco responds to energy incidents six times faster than the industry average, helping Saudi restore oil output to around eight million barrels per day...
Saudi boosts oil output despite Iran disruptions, targets 10 million bpd export capacity
The Kingdom pumped 8.372 million barrels per day in September, up well over two million bpd from August, stated OPEC+ data...
Epic listings: From Saudi Aramco to SpaceX as Anthropic’s USD 2 trillion debut beckons
As Dario Amodei’s AI titan prepares to cross the public threshold, the mechanics of the mega-IPO are being fundamentally rewritten...
Gulf oil exports return to pre-Iran war levels as Aramco chief warns of depleted stocks
Saudi Arabia drove a sharp recovery in energy exports in September, with shipments rising by about 4.2 million bpd from August to 6.6 million bpd...
East-West pipeline attack: Saudi offers crude via Sohar Port, cancels European cargoes
Saudi Aramco has offered its flagship Arab Light grade, as well as Arab Medium and Arab Heavy, to Asian buyers for loading off Sohar...
Aramco and Maaden dig deep into Saudi Arabia’s USD 2.5 trillion mineral wealth
New joint venture will explore 182,000 sq km for copper, rare earths and other critical minerals as Riyadh accelerates its post-oil diversification drive...
With 84% share, Saudi Arabia emerges as Gulf’s top dividend market
As per global asset manager Janus Henderson, Saudi Aramco remained the single largest dividend payer in the global index...