Latest news and articles about Aramco from NEX English
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.
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.
A Jordanian official announced that the country imported two million barrels of oil from Saudi Aramco via the Yanbu port, highlighting ongoing energy cooperation between the two nations. The official confirmed that liquefied natural gas shipments continue to arrive in Jordan without issues.
American golfer Alison Lee participated in the 'Aramco - Shenzhen' tournament, emphasizing the crucial role of women in golf and praising the progress made in this field. Her participation aims to inspire more women and girls to engage in sports.
The Saudi stock market witnessed a notable increase at the start of today's trading, led by Aramco's shares, which rose by 0.59% to reach 27.16 SAR. This positive performance contributed to a 0.44% rise in the general index, reaching 11,139 points.
Saudi oil giant Aramco successfully navigated the energy crisis that arose following the closure of the Strait of Hormuz, a crucial maritime route for oil transportation. The company's strategic measures ensured supply continuity amidst geopolitical challenges.
SpaceX, owned by Elon Musk, is set to file for an initial public offering soon, potentially making it the largest IPO in financial market history. The company aims to raise over $75 billion, surpassing the previous record held by Saudi Aramco.
Saudi Aramco, the world's largest oil exporter, has announced a reduction in crude oil supplies to buyers in Asia for the second time this April. This decision is a response to the impacts of the ongoing conflict involving the US, Israel, and Iran on trade through the Strait of Hormuz.