116 articles
Saudi and Gulf stock markets declined following Houthi claims of missile and drone strikes on Riyadh. The downturn was led by oil major Saudi Aramco and petrochemical producer Industries Qatar amidst
Turkey signals technical military support for Saudi Arabia against Houthi attacks under the Mecca Defense Alliance. The conflict threatens energy flows, with Saudi Aramco suspending crude oil supplies
Saudi Aramco cancelled October crude shipments to European refiners following drone attacks on its East-West pipeline. The company aims to restore full capacity within six weeks while boosting Gulf ex
Saudi Aramco suspended crude oil allocations to European refiners next month following an attack on its East-West pipeline. The disruption triggered panic buying, though the line is expected to fully
Saudi Aramco plans to export 60 million barrels via ship-to-ship transfers off Oman to offset Red Sea disruptions, causing global oil futures to drop over $1 per barrel.
Saudi Aramco is sourcing replacement diesel and gasoline cargoes in the Mediterranean and Europe following Houthi attacks on its Red Sea refineries and pipelines. The oil giant has bid through Platts
Saudi Aramco plans to resume half the capacity of its East-West oil pipeline within days following drone attacks, with full restoration targeted in six weeks, significantly impacting global crude supp
Saudi Aramco is diverting more crude oil loadings to Oman's Sohar port following drone attacks on its Red Sea pipeline, disrupting shipments to Asia and Europe while pushing global benchmarks to multi
Dow Inc. plans to sell its 35% stake in the Sadara Chemical joint venture with Saudi Aramco amid financial losses. This move targets high-value materials, while Aramco may acquire full control to inte
Saudi Aramco is exploring the sale of its specialty chemicals subsidiary Arlanxeo as part of a broader divestment strategy. This potential transaction highlights energy majors reassessing chemical exp
Dow Inc. and Saudi Aramco are reviewing their Sadara Chemical Co. joint venture, with reports suggesting Dow may completely exit the business. This strategic review considers options for Dow to divest
Asian stocks declined as oil prices surged past $101 per barrel amid Middle East tensions, raising inflation concerns. Dow Inc. also considered exiting its $20 billion chemicals partnership with Saudi
Dow is considering exiting its $20 billion chemical partnership with Saudi Aramco amid industry downturns and regional conflicts. Aramco may acquire Dow's 35% stake in the Sadara Chemical joint ventur
U.S. stocks declined as oil prices exceeded $100 per barrel due to Middle East tensions. Dow Chemical shares fell following reports of a potential exit from a $20 billion partnership with Saudi Aramco
Saudi Aramco and Quantinuum signed an MoU to explore quantum computing applications in energy and industry, focusing on reservoir modeling, supply chain optimization, and catalysis simulation. The col
Oil prices climbed above $92 per barrel as traders monitored an Iran-Oman agreement on Hormuz shipping routes amidst escalating regional tensions. Concurrent attacks on Saudi Aramco facilities have in
Saudi Aramco partners with Quantinuum to evaluate quantum computing applications for scientific and industrial challenges through R&D innovation.
Tongji University and Saudi Aramco released a white paper outlining low-carbon pathways for advanced materials like FRP and UHPC. The initiative aims to reduce embodied carbon in China's construction
Saudi Aramco sold heavy crude to Chinese refiners via the Gulf of Oman, signaling continued flows through the Strait of Hormuz. Other Gulf nations are also boosting exports to China, with analysts exp
Saudi Aramco is increasing oil offerings outside the Strait of Hormuz via ship-to-ship transfers to supply Chinese refiners amid regional security concerns. Shipping data confirms multiple cargoes en
Saudi Aramco resumed crude oil loading at Strait of Hormuz terminals in mid-August, ending weeks of sales stagnation caused by recent attacks. Three VLCCs loaded 2 million barrels each, with additiona
Saudi Aramco confirmed full crude oil allocations to at least three European refiners for September, easing supply concerns amid Red Sea disruptions. The decision stabilizes supply chains despite geop
Saudi Aramco and Maaden plan a joint venture to explore copper and rare earth minerals across 182,000 sq km, targeting energy transition needs and economic diversification.
Saudi Aramco resumed oil loadings and sales from the Strait of Hormuz after a weeks-long halt caused by regional conflicts. This move aims to ease heavy crude supply tightness, although Red Sea export
Saudi Aramco is offering oil cargoes on a ship-to-ship basis near Oman, signaling potential route adjustments through the Strait of Hormuz. This move helps maintain supply stability and prices despite
Saudi Aramco is arranging ship-to-ship crude transfers off Fujairah to bypass Strait of Hormuz disruptions linked to regional conflicts. This move helps Asian refiners secure supplies while avoiding s
Several Asian refiners have requested to collect Saudi Aramco cargoes from Egyptian ports instead of Yanbu due to Houthi attacks in the Red Sea, raising shipping costs and risking skipped allocations.
Gulf stock markets rose amid regional tensions and Strait of Hormuz disruptions. Brent crude settled at $88.52/barrel with Saudi Aramco gaining.
Oil prices held declines as traders monitored efforts to reopen the Strait of Hormuz amid persistent tanker attacks and threats to regional energy infrastructure. Market sentiment remains cautious fol
Yemen's Houthis launched a second drone attack on Saudi Aramco's Jazan refinery this week, causing minor damage to a crude storage tank amidst escalating regional tensions.
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