Saudi Aramco has significantly increased crude oil exports from Ras Tanura, the world’s largest oil export terminal, after resuming operations following a nearly four-month suspension. At least five supertankers carrying a combined 10 million barrels of Saudi crude have already passed through the Strait of Hormuz, signalling a major rise in shipments to Asian markets. […]
Saudi Aramco
PM Shehbaz mourns Saudi helicopter crash
Prime Minister Shehbaz Sharif has expressed deep sorrow over the helicopter crash in Saudi Arabia that killed 14 Saudi nationals. He extended condolences to Saudi Arabia’s leadership, the victims’ families, and the people of the Kingdom. The prime minister reaffirmed Pakistan’s solidarity with Saudi Arabia during the time of mourning. In a message posted on […]
Oil prices fall as Hormuz shipments resume
Global oil prices fell nearly two percent on Friday as crude shipments through the Strait of Hormuz continued recovering. The decline came despite a cargo vessel being struck near Oman a day earlier. Lower supply concerns eased pressure on energy markets and oil traders. Brent crude dropped 1.99 percent to $73.76 per barrel, while US […]
Saudi Aramco signs $30bn preliminary deals with US firms
DUBAI/WASHINGTON: Saudi Aramco announced on Wednesday that it had signed 17 preliminary agreements with US companies, with a potential total value exceeding $30 billion, during the visit of Saudi Crown Prince Mohammed bin Salman to Washington. The deals cover a range of sectors including liquefied natural gas (LNG), financial services, advanced materials manufacturing, and procurement. […]
Aramco Signs Major New Deals to Expand US Partnerships
Saudi Aramco has announced a major expansion of its business ties with the United States, signing 17 new agreements worth more than $30 billion. The deals were revealed during the US–Saudi Investment Forum 2025 in Washington, DC. These new collaborations highlight the company’s growing global strategy and strengthen Aramco US investment partnerships, giving a clear […]