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EXPLAINED: Aramco | Vintage Vibes

Saudi Arabia-backed developer seeks World Cup stadium investors, sources say

Saudi Arabia's ROSHN Group is seeking investors for its Aramco Stadium venue. JPMorgan is managing the fundraising process for this significant project. The state-backed developer aims to free up capital for economic transformation initiatives. This stadium transaction will mirror previous pipeline deals for infrastructure funding. Private investors are being approached…

The Economic Times

Saudi Arabia mulls big new plan, eyes post-war oil route reset to bypass volatile Hormuz

Saudi Arabia is considering expanding its crude oil pipeline capacity. This move aims to bypass the Strait of Hormuz for exports. Neighbouring countries like Kuwait are also in talks for pipeline access. The expansion could accommodate an additional two million barrels daily.

The Economic Times

‘This is a hellhole’: Aramco makes its presence hurt in the shadow of the World Cup

The oil giant’s sponsorship deal with Fifa has featured prominently at matches in Houston. But 100 miles away in another Texas city, residents say the firm’s refinery is exposing them to poisonous gases and long-term health problems

The Guardian - UK

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Oil climbs following renewed US, Iran strikes in Middle East

Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential de-escalation and renewed talks, analysts caution that a full recovery of Gulf oil supply could take months due to lingering issues. Saudi Aramco has resumed…

The Economic Times

Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices gain after renewed US-Iran strikes and Strait of Hormuz disruption

Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attacks involving the United States and Iran raised concerns over energy supplies through the Strait of Hormuz. Brent crude futures and US WTI crude moved higher…

The Economic Times

What's new at Lego for July: 12 new sets to get stuck into — including the clumsy Demon Hunters icon I've been waiting for

There's a new batch of Lego kits available for pre-order, and there are some instant classics in there.

TechRadar

Saudi Aramco resumes oil loading at Ras Tanura after four-month halt, data shows

Saudi Aramco has restarted oil loading at its Ras Tanura terminal after a four-month pause, with two massive crude carriers seen taking on cargo. This resumption follows an interim deal between the US and Iran, which has eased tensions and allowed for increased output and exports from Middle Eastern producers.…

The Economic Times

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Saudi Aramco’s chairman calls for “energy realism”

As the world grapples with the greatest oil shock in history, Saudi Aramco's Chairman calls for "energy realism"

Fortune

Aramco’s petrodollar backing of World Cup leaves stain of sportswashing

In today’s newsletter: How Saudi Arabia’s state-owned oil giant is embedding fossil fuels as a crucial part of the world’s biggest sport

The Guardian - UK

Fifa urged to drop Saudi oil giant Aramco as activists target World Cup

Fifa has defended its Aramco sponsorship, saying revenues are reinvested back into football at all levels

The Guardian - US

Global capital sees potential in Europe but calls for lighter regulation

Political and business leaders and investors at the FII Institute summit in Rome call for lighter regulation and greater flexibility to draw global investment and boost Europe’s competitiveness.

Euronews

Study claims 2026 World Cup could be football's biggest climate polluter yet: Here's why

The 2026 FIFA World Cup, expanding to 48 teams and spanning three North American countries, is projected to be one of the most carbon-intensive tournaments ever. Researchers highlight concerns over increased travel distances and the growing financial ties between football and fossil fuel industries, urging significant changes to mitigate the…

The Times of India

Hajj pilgrimage becoming more dangerous due to global heating, report warns

Climate change is gradually narrowing the window in which the annual hajj Muslim pilgrimage can take place safely, according to new research by the World Weather Attribution group published on Friday.

Radio France Internationale

Canada should ban fossil fuel ads ahead of the 2026 FIFA World Cup

When the FIFA Men’s World Cup arrives in Toronto soon, it will be accompanied by one of its highly controversial Major Worldwide Partners, Saudi Arabia’s national fossil fuel company, Saudi Aramco.

The Conversation

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The Economic Times

Why Indian investors are looking at space economy ETFs ahead of SpaceX IPO: Subho Moulik of Appreciate decodes

Indian investors are eyeing the global space economy ahead of the SpaceX IPO. With no pure-play listed space companies in India, global ETFs offer a route to invest. Investors can also participate directly in SpaceX through the Liberalised Remittance Scheme. Experts advise separating listing excitement from investment discipline. Long-term holding…

Euronews

Ahead of the SpaceX IPO, a look at the biggest stock market debuts ever

From Saudi Aramco to Facebook, these are the biggest IPOs in history and why SpaceX could dwarf them all.

The Guardian - UK

‘Aramco is selling our sweat and blood’: workers in World Cup sponsor’s supply chain faced safety risks, report finds

FairSquare report claims migrant workers injured in Saudi Arabia received no compensation, including one who says his legs were crushed

The Guardian - US

‘Green card for the planet’? Fifa’s World Cup is on pace to be a climate catastrophe

The 2022 World Cup failed to deliver on its environmental promises. From air travel emissions to heat-related dangers, the 2026 edition will be even worse

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The Guardian - UK

Saudi Aramco profits jump despite conflict in Middle East

Saudi Arabia’s state oil company’s profits up 26% to £26.9bn in first three months of year

Sports Illustrated

At LIV Golf Virginia, the Show Goes On ... for Now

Bryson DeChambeau and his fellow LIV golfers kicked off their event with music blaring, writes Bob Harig, but the happy scene on the ground wasn’t enough to mask the uncertainty ahead.

Sports Illustrated

6 Burning Questions As LIV Golf Fights to Survive

LIV Golf resumes play this week in Virginia while discussion swirls around whether the league can exist past 2026. Bob Harig answers some key questions.

Euronews

TotalEnergies closes key Saudi refinery after attacks

TotalEnergies has shut a major Saudi refinery after attacks, as Middle East disruptions force it to halt about 15% of its output.

Golf Monthly

Aramco Championship Prize Money Payout 2026

A huge payout is on offer at the Aramco Championship as players compete at Shadow Creek in Las Vegas

The Guardian - UK

Beyond the strait: why attacks on Kharg Island could keep oil prices high

Oil could pass 2008 record of $147.50 a barrel as damage and field closures risk compounding supply shock caused by Iran war

The Times of India

Fuel crisis: Major UAE oil refinery shut after drone attack; global energy body calls 'emergency meeting'

A major UAE oil refinery halted operations following a drone attack, intensifying fears of a global energy crisis. The International Energy Agency is convening an emergency meeting to assess supply risks and consider releasing strategic oil reserves. Escalating attacks on Gulf energy infrastructure are causing severe disruptions across various industries,…

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