BIZARRE: Saudi aramco | Mind Blowing Facts

Nine big oil firms on track to share more than $95bn profit two quarters in a row

Windfall for oil corporations such Saudi Aramco and BP comes on back of soaring fuel prices driven by Iran war

The Guardian - UK · 2h ago

Saudi Aramco takes 49% stake in AI firm Humain, commits $2.6 billion

Saudi Aramco has announced its acquisition of a 49 percent stake in the AI company Humain. This investment aims to accelerate Humain's growth and advance its AI capabilities both regionally and globally. The Public Investment Fund will retain a 51 percent ownership in Humain. Additionally, Aramco plans to inject approximately…

The Economic Times · 23h ago

Houthis attack Saudi Arabia’s Ras Tanura refinery amid $1 billion ceasefire offer reports

Yemen's Iran-aligned Houthis claimed responsibility for an attack on Saudi Arabia's Ras Tanura oil refinery. A fire occurred near the facility, which was quickly contained by Saudi authorities. This refinery is crucial for Saudi crude oil exports and global oil markets. Saudi Arabia intercepted multiple ballistic missiles targeting the eastern…

The Economic Times · Oct 27

The Saudi-Houthi War Keeps Escalating. Aramco is Now Evacuating Its Headquarters.

Staff have been asked to work from home following an alarm in the headquarters.

International Business Times · Oct 22

India condemns attacks on Saudi Arabia that killed 1 Indian, injured 3 others

India has strongly condemned the recent attacks in Saudi Arabia that resulted in the death of one Indian national. The Ministry of External Affairs reported that two Indians were injured at Dammam's airport and another at the Shaybah oil field. These attacks are deemed unacceptable, violating civilian safety and critical…

The Economic Times · Oct 22

Houthis Warn Saudi Aramco Shareholders to Sell 'Before It's Too Late' as Attacks on Oil Facilities Escalate

The Houthis urge Saudi Aramco shareholders to sell after a limited fire at its Dhahran complex, while no disruption to oil production or exports is confirmed.

International Business Times UK · Oct 19

Egypt pledges support for Saudi Arabia as Houthi attacks escalate

Egypt announced its willingness to provide military assistance to Saudi Arabia to ensure its security and stability. President Abdel Fattah al-Sisi convened the National Defence Council to discuss potential support amid Houthi assaults. These attacks have targeted key infrastructure, including Riyadh’s international airport and Saudi Aramco. Egypt has previously supported…

The Times of India · Oct 18

Houthis close in on key Yemen city of Taiz: Why a global trade route is at risk

The strategic advancement of Yemen's Houthi rebels in Taiz signals mounting challenges for the Saudi-led coalition-backed government. This ongoing conflict disrupts vital supply routes to Aden, exacerbating shortages of food and medical supplies for hundreds of thousands of civilians. The intensification of Houthi attacks on Saudi infrastructure raises significant security…

The Times of India · Oct 17

Houthi Missiles Hit Yemen's Presidential Palace — 5 Dead, PM Survives

Houthi missiles and drones struck Aden's Al-Maashiq palace on October 15, killing five. Here's what the attack means for Yemen's war.

Latin Times · Oct 16

How are Yemen's Houthis attacking Saudi Arabia so effectively?

Houthi attacks on Riyadh airport and Saudi Aramco’s headquarters have exposed vulnerabilities in Saudi Arabia’s air defences, threatening its ambitions to attract foreign investment and diversify its economy. Experts cited by Reuters point to Iran-backed weapons development, increasingly self-sufficient Houthi production capabilities, depleted US interceptor stocks and the group’s growing…

The Economic Times · Oct 16