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General view of Aramco’s oil field in the Empty Quarter, Shaybah, Saudi Arabia. File. | Photo Credit: Reuters Oil company Saudi Aramco has told at least two European refining customers they will receive no crude oil next month following an attack on Saudi Arabia’s key pipeline to the Red Sea, Bloomberg News reported on Friday…
Saudi Aramco is trying to boost crude exports via Yanbu to offset the Strait of Hormuz disruption. File | Photo Credit: Reuters Saudi Aramco, the world’s top oil exporter, has cut crude supply to Asian buyers for a second month in April, two sources with knowledge of the matter said on Monday (March 23, 2026),…
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Riyadh: Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices. The fall in net income to $27.56 billion this year from $32.58 billion in 2023 “was mainly due to the impact of lower crude oil prices and weakening refining margins”, the firm said in…
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Saudi Aramco, Coal India and Gazprom did not immediately respond to requests for comment. | Photo Credit: AP “The vast majority of planet-warming carbondioxide emissions since 2016 can be traced to a group of just 57 fossil fuels and cement producers,” researchers said on April 4. “From 2016 to 2022, the 57 entities including nation-states,…
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