Browsing Tag
Saudi Aramco
58 posts
SLB shares jump 7% as Q3 revenue reaches $9.45bn, but margins remain below 2025
SLB delivered stronger third-quarter revenue, free cash flow and sequential operating profitability as Middle East activity recovered and data-centre infrastructure demand accelerated, although organic growth and year-on-year margins reveal a more complicated earnings picture.
Indian national among two killed in Saudi Arabia’s Dammam airport attack
Saudi authorities have confirmed two deaths, including an Indian national, and eight injuries following an attack on King Fahd International Airport, while aviation operations have resumed and the investigation continues.
Solvay cuts 2026 profit outlook as Saudi peroxide shutdown and Middle East conflict pressure cash flow
Solvay has cut the midpoint of its 2026 EBITDA forecast by €80 million after Middle East disruption and the continued closure of a Saudi peroxide facility. The company is exploring potential contractual recovery, but weaker cash flow guidance raises questions about how quickly its industrial transformation can restore earnings resilience.
OMS Energy Technologies wins $9.4m of Saudi Aramco and Pertamina orders
OMS Energy Technologies has secured $9.4 million of new Saudi Aramco and Pertamina orders, including a competitive Saudi tender outside its existing long-term agreement.
Why Saudi Aramco’s next capital-raising vehicle could be its gas business
The proposed restructuring would separate gas from Saudi Aramco’s existing upstream and downstream structure as Jafurah production and LNG ambitions expand.
Saudi oil takes a new route as Sohar transfers ease fears over Middle East supply
ers off Oman after drone attacks damaged its East-West pipeline, demonstrating how rapidly global oil logistics are being redrawn by Middle East disruptions.
Saudi East-West pipeline outage could remove 4% of global oil supply as export stocks run down
Saudi Arabia’s damaged East-West oil pipeline has become a critical global supply risk after the kingdom relied on the route to bypass the war-disrupted Strait of Hormuz.
Saudi oil sites burn after Houthi missile and drone attacks injure 73 civilians
Houthi missile and drone attacks have hit civilian and energy facilities across southern Saudi Arabia, wounding 73 people including women and children and helping push Brent crude toward $100 as Riyadh vows a firm response.
Houthi attack on Saudi Aramco Jazan refinery puts new TĂĽrkiye-Pakistan defence pact to its first test
Houthi forces have targeted Saudi Aramco’s 400,000-barrel-per-day Jazan refinery and Yemen’s strategic Mocha port, only two days after Saudi Arabia signed a mutual defence pact with Türkiye and Pakistan.
Fluor (NYSE: FLR) Q2 revenue jumps to $4.33bn as adjusted EPS beats consensus 30%
Fluor Q2 adjusted EPS came in at $0.91 vs $0.70 consensus and revenue hit $4.33 billion, but the 11% rally has now pushed FLR above the average target.