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The Latest Breaking News from Aramco

Saudi Aramco’s quarterly profits drop nearly 40% but it still rakes in $30bn

Decline in crude oil prices and less refining income trims revenues inflated in 2022 by Russian invasion of Ukraine

The Guardian - UK

Saudi Arabian oil giant Aramco reports $30B in Q2 profits, down nearly 40% from last year

Saudi Arabia’s state-run oil giant Aramco made $30 billion in profit in the second quarter, a nearly 40% decline from the same period the previous year

The Independent UK

BlackRock Called Out For ‘ESG Facade’ After Naming Saudi Aramco Chief To Board

The move raised several eyebrows across corporate and social media circles.

Zenger

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Fortune’s Global 500 is proof that even the biggest companies can be dethroned

Technological upheaval is a constant threat to corporate giants like No. 1 Walmart, No. 2 Saudi Aramco, and Google parent Alphabet.

Fortune

Saudi Arabia has the most profitable company in the history of the world, and $3.2 trillion to invest by 2030. Who will say no to that tidal wave of cash?

With its vast supply of oil money, the kingdom's flashy play for golf dominance is just the tip of the iceberg.

Fortune

3 Quality Energy Stock Buys Investors Are Pursuing

With fossil fuels likely to find continued usage in the foreseeable future, quality energy stocks HF Sinclair (DINO), Weatherford International (WFRD), and CVR Energy (CVI) are justifiably popular on Wall Street. Read on….

StockNews.com

3 Energy Stocks with Massive Growth Opportunities

With a resurgent global energy demand amid increased summer travel and constrained supplies, fundamentally strong energy stocks Weatherford International (WFRD), North European Oil Royalty Trust (NRT), and Euronav (EURN) could generate solid returns given their impressive growth prospects. Read on….

StockNews.com

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3 Hot Energy Stocks to Buy Mid-July

Escalating oil demand, combined with constrained supplies, could keep the energy industry buoyed in the near future. Therefore, energy stocks HF Sinclair Corporation (DINO), ARC Resources Ltd. (AETUF), and Weatherford International (WFRD), with impressive fundamentals, could be solid buys now. Read on.

StockNews.com

Nelly Korda Reveals Next Target After Claiming Aramco Team Series London

Korda lifted the title at Centurion Club, as she led from start to finish to claim her first title in the UK

Golf Monthly

'We Have A Long Way To Go' - Bronte Law Says TV Not 'Doing Enough' To Showcase Women's Golf

The English star offers her thoughts on the state of the women's game ahead of the Aramco Team Series London

Golf Monthly

Aston Martin partners with Valvoline, runs one-off British GP F1 livery

Aramco subsidiary Valvoline Global has signed on to become the Silverstone outfit's long-term official lubricant partner.

Motorsport

Aston Martin F1 team partners with Valvoline, runs one-off British GP livery

Aramco subsidiary Valvoline Global has signed on to become the Silverstone outfit's long-term official lubricant partner.

Autosport

'The Aramco Events Almost Have A Semi-Major Feel To Them' - Leona Maguire

World No. 10 Leona Maguire is relishing the prospect of a second outing in the Aramco Team Series in London

Golf Monthly

Why Are Investors Buying These 3 Energy Stocks?

The energy sector’s outlook looks bright as high oil demand primarily from China and constrained supplies as Saudi announced further output cuts could drive oil and gas prices higher this year. So, let’s find out why Energy Transfer (ET), Cheniere Energy (LNG), and Weatherford (WFRD) are attracting significant investors’ attention…

StockNews.com

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Radio France Internationale

France's TotalEnergies, Saudi Aramco sign contracts for $11 billion petrocomplex

Saudi Aramco and France's TotalEnergies on Saturday signed contracts to start building an $11-billion petrochemicals facility in the Gulf kingdom, the two companies said.

Daily Mirror

Who is Yasir Al-Rumayyan? Saudi's king of golf, Newcastle chairman and Uber investment

The 53-year-old, who has ascended to the role of crown prince Mohammed Bin Salman's number one lieutenant, is becoming one of the most important executive figures in all of sport and his investment portfolio looks set to expand

The Guardian - AU

Austrade forum to promote links with oil giant Saudi Aramco condemned by activists

Environmental groups say the event in Perth to court the biggest polluting oil company of all time is ‘akin to a joint trade show with a tobacco major’

USA Today Sports Media Group

Lexi Thompson Q&A: How she’s ‘forever grateful’ of friendship with Donald Trump and why she took a break in 2023

At 28, Thompson is still going strong, though she has taken a respite in 2023, playing few events.

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USA Today Sports Media Group

Q&A: Lydia Ko weighs in on the state of her game, her first time at Pebble Beach, playing four majors in a row and caddying for her husband at an amateur event

"Chevron, I think, was a little bit more of a wake-up call."

Autosport

Vettel’s carbon-neutral fuel supplier in talks with F1 teams

P1 Fuels technology shot to attention at last year’s British Grand Prix when Vettel completed a demonstration run in Nigel Mansell’s championship-winning 1992 car using its own fossil-free fuel.

The Guardian - UK

Saudi oil group Aramco to pay more to state despite profits drop

World’s largest energy company’s first-quarter profits fall by 19% to $32bn after dip in oil prices

The Independent UK

Oil giant Saudi Aramco's 1st quarter profit down 20% to $31B

Oil giant Saudi Aramco has reported a first-quarter profit of $31.88 billion, down nearly 20% from the same period last year as energy prices have sunk over global recession concerns

Asharq Al-Awsat

Agreement Signed to Establish Saudi Arabia’s 1st Integrated Steel Plate Manufacturing Complex

Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, Baoshan Iron & Steel Co., Ltd. (Baosteel), the world’s leading steel conglomerate, and the Public Investment Fund (PIF) signed on Monday a shareholders’ agreement to establish an integrated steel plate manufacturing complex in the Kingdom of Saudi Arabia.

The Guardian - AU

Saudi Arabia’s grand sportswashing campaign comes to finish off cricket’s current order

A lucrative T20 tournament is the country’s latest shameless attempt to forge a better reputation for itself – and it seemingly comes without care for the game itself

Sports Illustrated

Can F1 Stay Fueled?

If burning rubber has powered F1’s rise, burning carbon may threaten its future.

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