Real Madrid top Deloitte Football Money League as Champions League revamp boosts Premier League’s rivals
Saudi Aramco revels in record profits amid booming oil and gas prices August 14, 2022 Saudi Aramco (Aramco) has smashed its quarterly profit record set in May, powered by soaring energy prices following Russia's invasion of Ukraine.
Aramco Team Series Sotogrande: Annabel Dimmock back in love with golf after injury August 10, 2022 England’s Annabel Dimmock has been playing golf for 17 of her 25 years so when injury kept her off the course late last year it hit her hard. Shortly after one of her best weeks on the Ladies European Tour, when she shared in a tie for third with good friend Charley Hull at the [...]
Aramco Team Series Sotogrande: Alison Lee riding crest of a wave ahead of title defence August 10, 2022 As she prepares to defend her individual crown at the Aramco Team Series Sotogrande this month, Alison Lee could hardly be happier with her form. The US Solheim Cup player, 27, is enjoying the best season of her career since her early days on the LPGA Tour, already topping $500,000 in prize money. For the [...]
Aramco Team Series Sotogrande: Who is aiming to reign in Spain at $1m tournament? August 10, 2022 There is no shortage of star quality in the field for next week’s Aramco Team Series Sotogrande, but top billing will go to the Korda sisters. Olympic champion, major winner and world No3 Nelly Korda is set to be the highest ranked player in the field at La Reserva Club. “I’m so excited to be [...]
OPEC+ hikes production targets by miniscule volumes of 100,000 barrels per day August 3, 2022 The OPEC+ coalition of oil producing countries today agreed to up its production targets by miniscule volumes of just 100,000 barrels of oil per day, in a hike that scuppered hopes for a more substantial increases that could have reversed the recent surge in prices that has wreaked havoc on the global economy. The [...]
Aramco Team Series: Why the Saudi energy and chemical giant is backing women’s golf June 14, 2022 Aramco public affairs general manager Talal Al-Marri explains why the Saudi energy and chemicals giant became one of the biggest backers of women’s golf via the Aramco Team Series, and what the company looks for in a sports sponsorship. Q. How did you come to be title partners of the Aramco Team Series? A. We [...]
Saudi Aramco brings in record $39.5bn income as oil prices surge May 16, 2022 Saudi Aramco generated $39.5bn (£32.3bn) in income in the first quarter of 2022, after volatile commodity prices saw its income increase by 82 per cent compared to the same time last year. The almost $40bn worth of income marks a record for Saudi Arabia’s national oil company in coming as its highest quarterly earnings since [...]
Aramco revels in record profits powered by booming oil prices May 15, 2022 Saudi Aramco (Aramco) has reported a massive 82 per cent spike in profits over the first three months of the year powered by lucrative oil trading.
Apple knocked off perch as world’s most valuable firm by oil giant Saudi Aramco May 12, 2022 Apple has been knocked off its perch of the world’s most valuable company by Saudi Aramco. The oil giant topped $2.426tn this on Wednesday, overtaking the iPhone-maker at $2.415tn, representing just over £10bn. This is the first time the state-backed Saudi Aramco has taken the top spot since 2020 according to the The Financial Times, [...]
Saudi Aramco ramps up oil and gas spending after doubling profits to $110bn March 21, 2022 The world’s largest oil producer is set to ramp up its spending power to meet oil and gas demand, after surging global prices allowed the oil giant to double its profit. Saudi Aramco announced yesterday that it would hike its investment by around 50 per cent this year, to between $40bn and $50bn (£30bn, £38bn). [...]