Saudi Aramco
Saudis offer oil buyers Red Sea option amid Hormuz crisis
Buyers who choose it will get only a portion of their monthly supply due to limited pipeline capacity
Aramco sees ‘catastrophic consequences’ for oil markets if Hormuz strait remains blocked
Shipping and insurance disruptions now trigger domino effects across other industries
Saudi Aramco reducing output at two oilfields: sources
The specific fields affected and the extent of curtailed production are not immediately clear
Saudi Arabia races to reroute oil as Gulf storage fills up fast
With Hormuz effectively blocked, storage tanks are filling up at refineries and oil fields across the Persian Gulf
Saudi Arabia tries to divert oil to Red Sea amid Iran war, faces reluctant shippers
The Red Sea holds a risk of attacks from Iranian allies in Yemen
Aramco explores plan to export oil via Red Sea to avoid Hormuz
It typically exports its crude oil from ports within the Persian Gulf, but Sunday’s strike near the strait has led to a log jam of vessels
Saudi Aramco sells first condensate cargoes from Jafurah gas plant to US, India
The project is central to the firm’s ambitions to boost its gas output to become a major global natural gas player
Aramco raises US$4 billion in first bond sale of year
Saudi Arabia’s budget remains heavily dependent on oil revenue as the kingdom pursues an ambitious modernisation drive
Saudi Aramco weighs raising billions of dollars from its biggest disposals yet
It’s weighing the sale of a stake in its oil export and storage terminals
Aramco profit beats estimates in first sign of easing pressure
Net income adjusted for one-time items rose 0.8% to US$28 billion in the third quarter from a year earlier