Saudi Aramco

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Saudi Arabia’s sovereign wealth fund gets an Uber-size stake in oil giant Aramco as it bets on airlines, video games, and sports
Finance

Saudi Arabia’s sovereign wealth fund gets an Uber-size stake in oil giant Aramco as it bets on airlines, video games, and sports

By
March 8, 2024
Saudi Energy Minister Prince Abdulaziz bin Salman
Finance

Saudi energy minister admits Aramco is halting output expansion because of energy transition: ‘Our oil company…now is becoming an energy company’

By Matthew Martin and Bloomberg
February 12, 2024
Saudi Arabia orders state oil giant Aramco to drop new drilling investment in major U-turn, sparking questions over demand peak
Finance

Saudi Arabia orders state oil giant Aramco to drop new drilling investment in major U-turn, sparking questions over demand peak

By Rakteem Katakey and Bloomberg
January 30, 2024
Saudi crown prince Mohammed bin Salman
Finance

Oil-rich Saudi Arabia is shelling out for the world’s top sports, but can Mohammed bin Salman buy himself an auto industry?

By
November 21, 2023
Saudi Arabia is squeezing the oil market just as consumption surges: ‘The Fed may have to react’
Finance

Saudi Arabia is squeezing the oil market just as consumption surges: ‘The Fed may have to react’

By Grant Smith, Sarah Chen, Alex Longley, Devika Krishna Kumar and Bloomberg
September 9, 2023
Ben Stokes of England celebrates scoring 100 runs during day 2 of the 3rd Test match between South Africa and England at St Georges Park on January 17, 2020 in Port Elizabeth, South Africa.
Finance

Saudi Arabia has so much money to spend on sports no one else can compete, says one of the world’s most popular athletes

By
September 1, 2023
Amin Nasser, President and CEO of Saudi Aramco, speaks during a press conference in the eastern Saudi Arabian region of Dhahran on November 3, 2019.
Finance

The world’s third-biggest company just saw its profits plummet 38%—but still paid shareholders $19.5 billion in dividends

By
August 7, 2023
Saudi Arabia extends oil production cut as central banks fear inflationary spike from rising fuel costs 
Finance

Saudi Arabia extends oil production cut as central banks fear inflationary spike from rising fuel costs 

By Grant Smith, Omar Tamo and Bloomberg
August 3, 2023
Fortune’s Global 500 is an exclusive club—Less than 1% of all people worldwide work for a firm on the list
Magazine

Fortune’s Global 500 is an exclusive club—Less than 1% of all people worldwide work for a firm on the list

By
August 2, 2023
Saudi Arabia has the most profitable company in the history of the world, with $3.2 trillion to invest by 2030. Who will say no to that tidal wave of cash?
Magazine

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

By
August 1, 2023
Saudi Arabia’s stunning sports summer offers ‘quicker movement on the sort of ideological maneuvering that sportswashing is so much about’

Saudi Arabia’s stunning sports summer offers ‘quicker movement on the sort of ideological maneuvering that sportswashing is so much about’

By
July 30, 2023
Higher gas prices could soon hit U.S. drivers as Saudi Arabia doubles down on oil production cuts
Finance

Higher gas prices could soon hit U.S. drivers as Saudi Arabia doubles down on oil production cuts

By Grant Smith, Fiona MacDonald, Nayla Razzouk, Ben Bartenstein and Bloomberg
June 4, 2023
Amin al-Nasser
Environment

Saudi Arabia’s national oil company raked in a record $161 billion profit last year, as the Ukraine war and OPEC+ drove a 46% increase

By Paul Wallace, Matthew Martin, Leen Al-Rashdan and Bloomberg
March 12, 2023
A Saudi Aramco employee at the Khurais Processing Department in the Khurais oil field in Khurais, Saudi Arabia

The world’s biggest oil company just doubled its profits, and now it’s planning to produce even more

By
March 21, 2022
BlackRock finds there’s room for a $15.5 billion Aramco gas pipeline in its climate pledge

BlackRock finds there’s room for a $15.5 billion Aramco gas pipeline in its climate pledge

By
December 7, 2021

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