Saudi Aramco - updates

Rappler's latest stories on Saudi Aramco

ARTICLE FINDER

Iran denies role in Saudi attacks in message to U.S. – state media

Sep 18, 2019 - 5:51 PM

The formal memo 'emphasized that Iran has not played any role in this attack,' the official IRNA news agency says

IRAN DENIES ATTACKS. A handout picture provided by the Iranian presidency shows President Hassan Rouhani (C) chairing a cabinet meeting in the capital Tehran on September 18, 2019. Handout photo by the Iranian Presidency/AFP

Oil prices surge after attacks hammer Saudi output

Sep 16, 2019 - 10:23 AM

(UPDATED) The attack on Saudi Arabia's Aramco facilities by Tehran-backed Huthi rebels in neighboring Yemen effectively shuts down 6% of the global oil supply

GAS PRICES. In this file photo taken on April 9, 2019 a child pumps gas for his father at a gas station in Los Angeles, as southern California gas prices, already the highest in the nation, continue to rise. File photo by Frederic J. Brown/AFP

Saudi Aramco: From 'Prosperity Well' to energy giant

Sep 16, 2019 - 8:17 AM

The drone strikes against Saudi Aramco facilities in recent months halt the flow of 5.7 million barrels of oil per day, undermining plans for a stock market debut

SAUDI ARABIA'S ARAMCO. A picture taken on September 15, 2019 shows an Aramco oil facility near al-Khurj area, just south of the Saudi capital Riyadh. Photo by Fayez Nureldine/AFP

U.S. hints at military response to Saudi attacks as oil prices surge

Sep 16, 2019 - 7:55 AM

(UPDATED) It is the first time US President Donald Trump has hinted at a potential American military response to the attacks

TRUMP. US President Donald Trump gives a statement about the recent mass shootings in El Paso and Dayton before boarding to Washington at Morristown Airport on August 04, 2019. File photo by Nicholas Kamm/AFP

Saudi Arabia battles market jitters after oil plant attacks

Sep 16, 2019 - 7:43 AM

It is a test for the kingdom's newly appointed energy minister Prince Abdulaziz bin Salman as the attacks could dampen investor confidence in Aramco's upcoming stock market debut

DRONE ATTACKS. Smoke billows from an Aramco oil facility in Abqaiq about 60 kilometers southwest of Dhahran in Saudi Arabia's eastern province on September 14, 2019. Photo by AFP

Saudi races to restore oil supply after strike blamed on Iran

Sep 15, 2019 - 7:00 PM

The Aramco CEO says that 'work is underway' to restore full production, and Saudi's energy minister says oil reserves will be tapped to offset the drop

SAUDI ARAMCO. In this file photo taken on January 25, 2016, Saudi and Foreign investors stand in front of the logo of Saudi state oil giant Aramco during the 10th Global Competitiveness Forum in the capital Riyadh. Photo by Fayez Nureldine/AFP

Iran refutes U.S. accusations over Saudi attacks

Sep 15, 2019 - 5:02 PM

'The Americans have taken the policy of 'maximum pressure' which has apparently turned into 'maximum lying' due to their failures,' says a foreign ministry spokesman

Saudi halts production at attacked oil plants – minister

Sep 15, 2019 - 9:37 AM

Saudi Aramco says the drone attacks caused production suspension of 5.7 million barrels of crude oil per day

DRONE ATTACKS. Smoke billows from an Aramco oil facility in Abqaiq about 60 kilometers southwest of Dhahran in Saudi Arabia's eastern province on September 14, 2019. Photo by AFP

Yemeni rebel drones spark fires at 2 Saudi Aramco oil facilities

Sep 14, 2019 - 2:04 PM

(4th UPDATE) The rebels launched 'a large-scale operation involving 10 drones that targeted refineries in Abqaiq and Khurais in eastern Saudi Arabia,' a Yemeni TV channel says

DRONE STRIKE. In this file photo taken on February 25, 2006 Saudi security guard the entrance of the oil processing plant of the Saudi state oil giant Aramco in Abqaiq in the oil-rich Eastern Province. File photo by AFP

Aramco says ready for 2-stage IPO, timing up to Saudi gov't

Sep 11, 2019 - 6:30 PM

The Saudi government has not given any explanation for the delays in Aramco's initial public offering, which could be the world's biggest stock sale

OIL PRODUCTION. A picture taken on May 10, 2016, shows Shaybah, the base for Saudi Aramco's Natural Gas Liquids plant and oil production in Saudi Arabia. File photo by Ian Timberlake/AFP

Saudi Aramco net income slips to $46.9 billion in H1 2019

Aug 12, 2019 - 7:10 PM

(UPDATED) The secretive Saudi Aramco discloses half-year financial results for the first time

OIL PRODUCTION. A picture taken on May 10, 2016 shows Shaybah, the base for Saudi Aramco's Natural Gas Liquids plant and oil production in Saudi Arabia. File photo by Ian Timberlake/AFP

Saudi Aramco CEO predicts oil market balance by early 2017

Nov 02, 2016 - 3:30 PM

The gap between supply and demand is closing says Amin Nasser

Amin al-Nasser, president of state oil giant Saudi Aramco, delivers a speech on October 11, 2016 during the 23rd World Energy Congress in Istanbul.  World Energy Congress in Istanbul brings together players across the energy sector to discuss a transformation of the sector. Saudi Arabia said on October 10 it was "not unthinkable" that the price of crude oil could surge to $60 a barrel by the end of the year but warned against drastic production cuts that might shock markets. / AFP PHOTO / OZAN KOSE

Oil market still weak despite recovery – Saudi Aramco

Sep 26, 2016 - 10:50 PM

There are fears that oil producing countries will not be able to reach a deal in Algiers this week

A picture taken on May 10, 2016 shows over Shaybah, the base for Saudi Aramco's Natural Gas Liquids plant and oil production in the surrounding Shaybah field in Saudi Arabia's remote Empty quarter desert close to the United Arab Emirates, on May 10, 2016. Despite collapsed global oil prices, production is expanding at Shaybah, as it is in other units of the company at the centre of the kingdom's Vision 2030 drive for diversification away from oil. The Saudi government plans to sell less than five percent of the company in what officials say will be the world's largest-ever share offering, while transforming Saudi Aramco into "a global industrial conglomerate". By 2020 the company says it will have tripled its gas processing capacity from levels at the turn of the century. / AFP PHOTO / IAN TIMBERLAKE

Di tengah anomali bisnis minyak, Pertamina berhasil capai keuntungan US$1,42 miliar

Jun 04, 2016 - 11:51 PM

Apa rahasia PT Pertamina sehingga tetap bisa mencapai keuntungan di tengah bisnis minyak yang menurun?

KEUNTUNGAN PERTAMINA. Di tengah anomali bisnis minyak, Pertamina tetap bisa mencapai keuntungan US$1,42 miliar. Apa rahasianya? Foto oleh ANTARA

Pertamina dan Saudi Aramco tandatangani kontrak lanjutan kilang minyak Cilacap

May 23, 2016 - 4:34 PM

Biaya yang dibutuhkan untuk proyek kerjasama ini sekitar US 4 miliar sampai US 5 miliar Ini bagian dari strategi Pertamina menjadi perusahaan energi terbesar di dunia

Despite oil uncertainty, no red flags for Middle East OFWs for now

Mar 01, 2016 - 7:30 PM

The latest jobs report from Abu Dhabi Dubai and Saudi Arabia show a slight decrease in job orders

11 dead, dozens hurt in fire at Saudi oil giant housing complex

Aug 30, 2015 - 10:06 PM

The incident is currently under control and cooling operations are ongoing

Chevron, Shell are world's leading carbon-emitting companies

Dec 13, 2013 - 2:15 PM

A study lists down the 90 fossil fuel companies responsible for 63 of the world s carbon emissions since the Industrial Revolution

CLIMATE CHAOS. The combustion of fossil fuels like oil, gas and coal by energy companies is largely responsible for climate change