Saudi Aramco

Saudi Arabia, Kuwait to pursue energy deals despite war

Gulf states are keen to portray a business-as-usual approach despite Iran’s attacks

The producer is trying to boost crude exports via Yanbu to offset the Strait of Hormuz disruption, with loadings seen rising to record volumes in March.

Saudi Aramco cuts oil supply to Asia for second month in April

Saudi Arabia has exported 4.355 million barrels per day of crude so far in March

Aramco shipped 7.2 million barrels a day of crude in February, before Iran effectively blocked Hormuz.

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's president and CEO Amin Nasser noted global inventories of oil were at a five-year low and said the crisis will lead to drawdowns at a faster rate.

Aramco sees ‘catastrophic consequences’ for oil markets if Hormuz strait remains blocked

Shipping and insurance disruptions now trigger domino effects across other industries

The company has been rerouting some of its crude cargoes to the Red Sea port of Yanbu.

Saudi Aramco reducing output at two oilfields: sources

The specific fields affected and the extent of curtailed production are not immediately clear

The conflict has effectively left Straits of Hormuz closed to commercial shipping, choking off a swath of oil, fuel and gas supply and jeopardising output in the energy-rich region if the situation persists.

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 Aramco has asked some customers in Asia if they are able to lift oil cargoes from the city of Yanbu in Saudi Arabia’s Red Sea coast, sources say.

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's Jafurah is expected to reach a sustainable production of 56.6 million cubic metres a day by 2030.

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