Saudi Aramco: News

02 Mar 2024


NVIDIA surpasses Saudi Aramco, becomes 3rd largest company by m-cap

NVIDIA is now the third-largest company globally by market capitalization, valued at $2.056 trillion, surpassing Saudi Aramco which stands at $2.046 trillion.

07 Nov 2023

Saudi Arabia

Saudi Aramco's Q3 profits down 23% amid falling crude prices

Saudi Aramco reported a 23% decrease in net profit for the third quarter, with earnings dropping to $32.6 billion from $42.4 billion in the same period last year.

12 May 2022


Saudi Aramco dethrones Apple to become world's most valuable company

Saudi Aramco, the petroleum and natural gas giant from Saudi Arabia, has dethroned Apple to become the most valuable company in the world.

24 Jun 2021

Mukesh Ambani

Reliance AGM: Ambani inducts Saudi Aramco chairman on RIL board

Reliance Industries Limited (RIL) held its 44th annual general meeting (AGM) on Thursday, during which, the company made several key announcements regarding its telecom, retail, and oil-to-chemicals business.

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 Arabia

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

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.