Latest news and articles about أرامكو from NEX English
FIFA has unveiled an innovative player performance evaluation system for the 2026 World Cup, utilizing data and artificial intelligence to enhance fan experience. This new approach aims to provide a more objective assessment of players' performances after each match.
The CEO of Saudi Aramco has stated that risks associated with the Strait of Hormuz may delay the recovery of the global oil market until 2027. This statement comes amid significant fluctuations in oil prices due to geopolitical crises.
Saudi Arabia plans to increase its oil export capacity through Yanbu to over <strong>5 million barrels per day</strong>, as announced by Aramco's CEO Amin Nasser. This initiative comes amid shipping disruptions in the Strait of Hormuz due to the Iranian conflict.
The CEO of Aramco has warned that the closure of the Strait of Hormuz is causing a global loss estimated at <strong>100 million barrels</strong> of oil weekly, exacerbating supply shortages. This news comes amid rising tensions in the region due to ongoing conflicts.
Amin Nasser, CEO of Aramco, stated that the energy supply shock experienced in the first quarter of 2023 is the largest ever recorded. He emphasized that reopening the Strait of Hormuz would not restore market balance for several months.
Amin Nasser, CEO of Aramco, has warned of a potential long-term disruption in oil markets due to the possible closure of the Strait of Hormuz. This warning comes as the company reports record profits thanks to rising prices and the redirection of its exports through an alternative pipeline.
Amin Nasser, CEO of Aramco, announced that the world has lost approximately <strong>one billion barrels</strong> of oil in the past two months, significantly impacting energy markets. He emphasized that stabilizing these markets will take time, even with the resumption of oil flow.
Saudi Aramco announced a strong profit increase of <strong>25%</strong> in the first quarter of the year, driven by its strategy to diversify transportation routes through the East-West pipeline. This announcement comes amid notable fluctuations in the global oil market.
Saudi Aramco has reported record profits in the first quarter of the year, exceeding analysts' expectations due to a significant rise in oil prices driven by global conflicts. These results demonstrate the company's ability to adapt to economic challenges.
Saudi Aramco announced a net income of <strong>$33.6 billion</strong> for the first quarter of 2026, reflecting its robust performance amid energy market fluctuations. This growth was driven by rising oil prices and increased sales.
Saudi Aramco announced a net profit of <strong>82.1 billion Saudi Riyals</strong> in the first quarter of 2023, marking a <strong>25%</strong> increase compared to the same period last year. This performance reflects the company's strong position amid rising global oil prices.
Luberef, a subsidiary of Saudi Aramco, recorded a net profit of <strong>258 million SAR</strong> (approximately <strong>68.5 million USD</strong>) in the first quarter of this year, marking a <strong>16.4%</strong> increase compared to the same period last year.
The Saudi stock market opened the week with a notable increase, as the main index 'TASI' surpassed 11,000 points, supported by robust profits from Aramco. This comes at a time when investors are awaiting Iran's response to the U.S. proposal to end regional conflicts.
Saudi Aramco announced a net profit increase of 25.5% in the first quarter of this year compared to the same period last year, driven by rising oil and gas prices amid Middle East conflicts. This growth occurs as global markets face uncertainty due to the ongoing strife.
Amin Nasser, CEO of Aramco, revealed that the world has lost approximately <strong>one billion barrels</strong> of oil over the past two months, warning that a return to normalcy in energy markets will take a long time.
The Saudi market index, TASI, has regained its strength, reaching the significant level of 11,000 points, supported by strong performances from Aramco and Aqua. This recovery reflects improved investor sentiment amid positive economic forecasts.
The competition between Saudi Arabia's oil and digital giants is intensifying as both sectors strive to strengthen their positions in the global market. This rivalry is part of Saudi Vision 2030, aimed at diversifying the economy.
Saudi Aramco announced today the official selling price for Arab light crude in June for Asian buyers at a premium of <strong>$15.50</strong> per barrel, marking a decrease from the previous month.
Saudi Aramco has announced the continuation of its suspension of liquefied petroleum gas (LPG) shipments throughout May, exacerbating the global supply crisis. This decision follows damage to its main export facilities in February.
Sources in the oil and gas industry announced that Saudi Aramco has suspended liquefied petroleum gas (LPG) shipments until May due to damage at its main export facility. This decision raises concerns about global gas supply and pricing.
The Saudi stock market index (TASI) closed on Tuesday with a slight increase of 0.1%, reaching 11,180 points, amid trading worth 5.3 billion riyals. Aramco's shares rose by 0.7% to reach 27.46 riyals.
Saudi Arabia has successfully restored its full oil pumping capacity through the East-West pipeline following recent attacks, reinforcing its position as a reliable global energy supplier. The Kingdom demonstrated exceptional readiness and a high response rate in managing the crisis's aftermath.
Saudi Arabia has successfully restored a pumping capacity of <strong>7 million barrels</strong> per day through the East-West pipeline, showcasing Aramco's resilience and efficiency in crisis management. This rapid recovery follows intensive operational and technical efforts.
The Saudi stock market index (TASI) closed on Sunday with a decline of 28.5 points, equivalent to 0.25%, reaching 11314.6 points amid trading valued at 3.4 billion riyals. This drop occurs during a period of notable market volatility.
The Saudi Ministry of Energy announced the successful restoration of the East-West pipeline to its full capacity after being affected by the US-Israeli war on Iran. Additionally, production from the Manifa field has been restored, while efforts continue to recover production in the Khurais field.
The Saudi Ministry of Energy announced today the successful restoration of operational capacity for the East-West pipeline after it was attacked, enhancing supply reliability. The operational and technical efforts have resulted in restoring full pumping capacity of approximately <strong>7 million barrels per day</strong>.
Saudi energy companies listed on the financial market recorded profits of approximately <strong>92.54 billion dollars</strong> in <strong>2025</strong>, overcoming global market challenges. Although profits declined compared to the previous year, the overall performance reflects a strategic shift in the sector.
The Saudi Ministry of Energy announced the successful restoration of operational capacity for energy facilities and the East-West pipeline after attacks led to a loss of approximately 700,000 barrels per day. This reflects the sector's resilience.
The Saudi Ministry of Energy announced the successful restoration of full pumping capacity through the East-West pipeline, following a loss of approximately <strong>700,000 barrels per day</strong>. This achievement comes after operational and technical efforts to recover production from the Al-Munif and Khurais fields.
Saudi Aramco has inaugurated the Innovation Oasis in Khobar, aimed at enhancing future skills and developing the capabilities of youth in technology and innovation. This initiative marks a significant step towards achieving the Kingdom's Vision 2030.