Saudi Aramco

Timelines

11 Oct 2019

Iranian oil-tanker hit by missiles near Saudi, catches fire: Report

On Friday, Iran-owned Sinopa oil tanker caught fire off Saudi Arabia's coast after being hit by two missiles, the country's media reported. The attack caused an oil spill into the Red Sea.

14 Sep 2019

Drones hit Saudi Arabia's oil facilities, major fire follows

Saudi Arabia, the largest exporter of oil, woke up to an unprecedented attack on Saturday.

12 Aug 2019

#BiggestFDIDeal: Saudi Aramco invests $15 billion in Reliance's oil business

Mukesh Ambani, the Chairman and Managing Director of Reliance Industries, has announced one of India's biggest FDI deals ever.

03 Dec 2017

Saudi's $300bn privatization plans, 'sale of the century', in shambles

About 1.5 years ago, Saudi Arabia unveiled plans of a $300bn privatization program which many billed the "sale of the century".

26 Oct 2017

Saudi Arabia's new city Neom is being built for dreamers

Saudi Crown Prince Mohammed bin Salman wants to build a city for "the dreamers of the world."

09 Oct 2017

Saudi Aramco eyes Indian demand, plans JV by 2018

State-run oil giant Saudi Aramco has reportedly launched its unit in India. The world's largest oil exporter wants to cater to the rising energy demands of the world's third-biggest oil consumer.