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Published on May 12, 2025

Aramco debt level ‘very low’; 3M bpd surplus capacity: Exec

Saudi Arabian Oil Co.’s (Saudi Aramco) debt level at 5.3% is the lowest among the five major global oil firms, Ziad Al-Murshed, Executive Vice President and CFO, told Al-Ekhbariya TV. The low debt level further strengthens Aramco’s financial flexibility, …

Source: Eye of Riyadh - Pro-Government
Published on May 12, 2025

Factbox-What links have Trump and his allies maintained with Gulf states?

DUBAI(Reuters) – Donald Trump’s return to the White House has cast fresh attention on deepening U.S. ties with Gulf nations, as the U.S. president prepares to visit Saudi Arabia, Qatar and the United Arab Emirates this week. Trump and several of his …

Source: Regional Media News - Iowa - Pending
Published on May 12, 2025

5 key takeaways from Aramco’s latest financial results

Image credit: Getty Images The world’s largest oil exporter, Saudi Aramco, released its latest quarterly results on Sunday, reporting a net profit of $26.01bn for the first three months of 2025. The figure marks a 4.6 per cent drop from the same period …

Source: Gulf Business - Neutral
Published on May 12, 2025

US and China agree to slash tariffs for 90 days sparking risk-on sentiment - Newsquawk US Market Open

US and China agree to bring down reciprocal tariffs by 115ppts for 90 days, sparking immediate risk on price action; DXY, ES, Crude bid; XAU & Fixed hit. US President Trump said he will sign an executive order on Monday at 09:00EDT with prescription …

Source: Zero Hedge - Right-wing
Published on May 11, 2025

Saudi oil giant Aramco posts 5% dip in first-quarter profit on weaker crude prices

Members of media chat before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. Hamad I Mohammed | Reuters Saudi Aramco's first-quarter net profit fell 5% year-on-year amid lower oil …

Source: CNBC - Neutral
Published on May 12, 2025

Under £25 now, Shell’s share price looks cheap to me anywhere below £66.43!

Image source: Getty Images Shell’s (LSE: SHEL) share price has dropped 17% from its 13 May 12-month traded high of £29.56. Such a fall could flag that a company is fundamentally worth less than it was before. Or it may signal a bargain-buying opportunity …

Source: The Motley Fool UK - Neutral
Published on May 12, 2025

Aramco Profit Drops with Weak Oil Signaling More Strain

Saudi Aramco reported a decline in profit in the first quarter as lower crude prices put pressure on the finances of the world’s biggest oil exporter. Net income slipped 4.6 percent to 97.5 billion riyals ($26 billion) in the quarter, according to a …

Source: Rigzone - Neutral
Published on May 12, 2025

Contracts, capex, and chemistry: Is Aether Industries building an Asian Paints of specialty chemicals?

There’s a new name doing the rounds in specialty chemicals: Aether Industries.It’s young, R&D-driven, and already counts global giants like Baker Hughes and Saudi Aramco as its clients. The company is growing fast, expanding capacity, and shifting …

Source: The Indian Express - Center-left
Published on May 12, 2025

Mideast Stocks: Most Gulf stock markets extend gains after US-China trade agreement

Gulf stock markets continued their upward trend early on Monday, buoyed by rising oil prices and developments in U.S.-China trade negotiations, which bolstered market sentiment as U.S. President Donald Trump prepares to visit the region. The United States …

Source: Zawya - Indeterminate
Published on May 12, 2025

Shelf Drilling bags a pair of jackup extensions

United Arab Emirates-based jackup rig pure-play Shelf Drilling has revealed a couple of extensions for its rigs and some news regarding its fleet in its latest status report. The company said that its Trident 16 rig secured a three-month extension with the …

Source: Splash 247 - Neutral
Published on May 12, 2025

Risk-on after weekend updates hint at constructive talks between China/US and EU/Ukraine, Bessent to brief at 08:00 BST -...

US President Trump said there was a very good meeting with China on Saturday, and many things were discussed and much agreed to, while he stated a total reset was negotiated in a friendly but constructive manner. USTR Greer said differences are not as …

Source: Zero Hedge - Right-wing
Published on May 12, 2025

Mideast Stocks: Most Gulf bourses gain on US-China trade talks

Most stock markets in the Gulf edged higher on Sunday as U.S.-China resumed talks in Geneva aimed at cooling the trade war that threatens to seriously damage the global economy. Senior U.S. and Chinese officials met again on Sunday in Geneva, Reuters …

Source: Zawya - Indeterminate
Published on May 12, 2025

Most Gulf bourses gain on US-China trade talks

DUBAI: Most stock markets in the Gulf edged higher on Sunday as US-China resumed talks in Geneva aimed at cooling the trade war that threatens to seriously damage the global economy. Senior US and Chinese officials met again on Sunday in Geneva, Reuters …

Source: Business Recorder - Neutral
Published on May 11, 2025

Trump’s trade war hits profits at Saudi oil giant

Saudi Aramco’s profits over the first quarter of the year fell by 5pc to $26bn (£19.5bn) - Simon Dawson/Bloomberg Uncertainty unleashed by Donald Trump’s trade war has delivered a financial blow to Saudi Arabia’s state-owned oil giant ahead of the US …

Source: Yahoo Finance - Pending
Published on May 12, 2025

Aramco Posts Drop In Q1 Profit Amid Economic Uncertainty

(MENAFN- The Arabian Post) Saudi Aramco has reported a decline of 4.6% in its first-quarter profit, totalling 97.54 billion riyals for the period ending March 31. This drop in profit is attributed to lower sales and increased operating costs, with the …

Source: MENAFN - Indeterminate
Published on May 11, 2025

Aramco posts $26 billion Q1 profit, declares $21.1 billion dividend

Saudi Gazette report DHAHRAN — Saudi Aramco reported on Sunday a net income of $26.0 billion for the first quarter of 2025, compared to $27.3 billion in the same period last year, as global economic uncertainty and energy market conditions affected crude …

Source: Saudi Gazette - Indeterminate
Published on May 11, 2025

Aramco CEO says global trade shifts hit energy markets, but performance stays strong

Saudi Aramco President and CEO Amin Nasser said global energy markets were impacted in the first quarter of 2025 by factors related to changes in global trade, creating economic uncertainty and weighing on oil prices. In a statement accompanying the …

Source: Eye of Riyadh - Pro-Government
Published on May 11, 2025

Aramco profit drops as uncertainty hits oil markets

DUBAI: Saudi oil giant Aramco, a longtime cash cow for the kingdom, reported a 4.6% drop in first-quarter profit on Sunday due to lower sales and higher operating costs as economic uncertainty hit crude markets. The world’s top oil exporter reported net …

Source: Business Recorder - Neutral
Published on May 10, 2025

These Are The World's 50 Most Valuable Companies

The world’s most valuable companies hold immense sway over the global economy, shaping everything from technology to consumer trends. As of May 2025, U.S. giants like Apple, Microsoft, and Nvidia are worth trillions of dollars, reflecting America’s long- …

Source: Zero Hedge - Right-wing

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Published on May 14, 2025 - 16:14 GMT

Clean Energy Credit Union and Blu Opportunity Partner to Expand Access to Affordable Solar Financing

Partnership aims to accelerate clean energy adoption with affordable, no-hidden-fee solar loans to homeowners, fast approvals, and competitive rates. BERKELEY, CA, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- Clean Energy Credit Union ( …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 15, 2025 - 02:00 GMT

Heinrich Votes Against Advancing Nominees for the Interior Solicitor and Energy Assistant Secretary of Energy for ...

WASHINGTON — U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the Senate Energy and Natural Resources Committee, voted no against William Doffermyre’s nomination to be the Department of the Interior (DOI) Solicitor and Catherine Jereza’s nomination …

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Published on May 15, 2025 - 01:58 GMT

Senate Committee on Energy and Natural Resources Advances Three Key Trump Nominees at Interior & DOE

WASHINGTON – Today, the Senate Committee on Energy and Natural Resources voted to advance three of President Trump's nominees for key positions at the Departments of Energy and the Interior: Mr. William Doffermyre - Solicitor of the Department of the …

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Published on May 14, 2025 - 18:38 GMT

Global Ethylene Carbonate Market Set to Surge, Driven by EV and Renewable Energy Boom

ethylene carbonate market is expected to witness significant growth, rising from USD 0.9 billion in 2024 to USD 3.1 billion by 2033 VANCOUVER, BRITISH COLUMBIA, CANADA, May 15, 2025 /⁨EINPresswire.com⁩/ -- The latest report titled Global Ethylene …

Distribution channels: Chemical Industry ...

Published on May 14, 2025 - 12:45 GMT

Powell Window Cleaning Tackles Solar Efficiency with Las Vegas Service Expansion

Powell Window Cleaning is a precision-focused exterior cleaning company serving the Las Vegas area. LAS VEGAS, NV, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- Powell Window Cleaning has announced the expansion of its professional …

Distribution channels: Business & Economy ...
Published on May 14, 2025 - 11:00 GMT

Electric Rate Hikes Hit Ohio Ratepayers in June

First Energy Says "Time to Shop." Grid Operator Costs May Push Summer AC Bills Over $200. COLUMBUS, OH, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- OHElectricityRatings.com wants electricity customers to get ready for scorching …

Distribution channels: Business & Economy, Energy Industry ...
Published on May 14, 2025 - 20:02 GMT

Interior to Initiate Action to Rescind BLM’s Intermittent Energy Rule

Date: May 14, 2025 Contact: Interior_Press@ios.doi.gov WASHINGTON — In alignment with President Trump’s agenda to eliminate burdensome regulations and stimulate economic growth, the Department of the Interior announced today the proposed rescission of a …

Distribution channels: Environment
Published on May 14, 2025 - 07:15 GMT

BURN SECURES US$5 MILLION INVESTMENT FROM ELECTRIFI TO SCALE ELECTRIC COOKING IN KENYA

BURN secures $5M from ElectriFI to deploy 100,000 ECOA electric stoves in Kenya, cutting fuel costs & 1.4M tons of CO₂ via IoT & PAYC tech. NAIROBI, NAIROBI, KENYA, May 14, 2025 /⁨EINPresswire.com⁩/ -- BURN, Africa’s leading clean …

Distribution channels: Business & Economy, Energy Industry ...

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Published on May 15, 2025 - 06:09 GMT

Piezoelectric Discs Market Report 2025: Size, Trends, and Growth Insights for Global Expansion

The Business Research Company's Piezoelectric Discs Market Report 2025: Size, Trends, and Growth Insights for Global Expansion LONDON, GREATER LONDON, UNITED KINGDOM, May 15, 2025 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Latest …

Distribution channels: Business & Economy, Electronics Industry ...
Published on May 15, 2025 - 06:00 GMT

EPA to Roll Back Drinking Water Protections

In a reversal of progress, EPA’s announcement puts the health of millions at risk and favors polluters over people WASHINGTON, DC, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- Today, the Environmental Protection Agency announced plans to …

Distribution channels: Chemical Industry, Energy Industry ...
Published on May 15, 2025 - 01:30 GMT

Infosearch BPO’s Comprehensive Back Office Services to Support Global Businesses

Delivering Seamless Back-Office Support to Help Businesses Focus on Core Competencies CHENNAI, TAMIL NADU, INDIA, May 15, 2025 /⁨EINPresswire.com⁩/ -- Infosearch BPO, a leading provider of Business Process Outsourcing (BPO) services, is proud to …

Distribution channels: Banking, Finance & Investment Industry, Consumer Goods ...
Published on May 14, 2025 - 20:52 GMT

This Week in Construction: Top Innovations & Industry Trends – May 14, 2025

Peer-to-peer digital content sharing for construction and building professionals SUNDRE, ALBERTA, CANADA, May 14, 2025 /⁨EINPresswire.com⁩/ -- Since its establishment in 2003, Construction Links Network has emerged as a premier news and …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 14, 2025 - 20:23 GMT

EBIZ Launches Advanced AI Toolset to Enhance and Accelerate IBM TRIRIGA Implementations

Powerful AI-driven toolset designed to significantly reduce costs and streamline IBM TRIRIGA development and integration. HOUSTON, TX, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- EBusiness Strategies, LLC (EBIZ), a leading provider of …

Distribution channels: Aviation & Aerospace Industry, Education ...
Published on May 14, 2025 - 20:15 GMT

TESCO Named Pilot Partner in NEMA’s Make It American™ Program, Reinforcing U.S. Manufacturing and BABA Compliance

Leading the way in domestic manufacturing: TESCO achieves NEMA’s Make It American™ certification, reinforcing commitment to U.S. production and BABA compliance. BRISTOL, PA, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- TESCO Metering is …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on May 14, 2025 - 18:40 GMT

c3controls Opens UL Certified Testing Lab

c3controls' new UL-certified test lab in Mumbai, India provides comprehensive testing capabilities, positioned in a global, industrial hub. MUMBAI, MAHARASHTRA, INDIA, May 14, 2025 /⁨EINPresswire.com⁩/ -- c3controls, a leading global …

Distribution channels: Aviation & Aerospace Industry, Electronics Industry ...
Published on May 14, 2025 - 17:29 GMT

Global Multipurpose Support Vessel Market Forecast 2025-2034: Analyzing Growth Drivers, Market Share And Emerging Trends

The Business Research Company's Multipurpose Support Vessel (MPSV) Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, May 14, 2025 /⁨EINPresswire.com⁩/ -- Significant market …

Distribution channels: Business & Economy, Energy Industry ...
Published on May 14, 2025 - 16:14 GMT

Clean Energy Credit Union and Blu Opportunity Partner to Expand Access to Affordable Solar Financing

Partnership aims to accelerate clean energy adoption with affordable, no-hidden-fee solar loans to homeowners, fast approvals, and competitive rates. BERKELEY, CA, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- Clean Energy Credit Union ( …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 14, 2025 - 15:02 GMT

Pinnacle Career Institute Expands GWO Training with Critical Bolt Tightening Module

PCI adds GWO Bolt Tightening training to enhance wind turbine safety, prevent costly mistakes, and build technician confidence. KANSAS CITY, MO, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- Pinnacle Career Institute (PCI) is enhancing its …

Distribution channels: Building & Construction Industry, Education ...
Published on May 14, 2025 - 14:26 GMT

Jakub Leps Promoted to General Manager of Newsmatics Data Sciences

Leps to lead strategy and operations at the forefront of data innovation WASHINGTON, DC, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- Newsmatics, a news technology company known for its suite of innovative digital media products, is proud …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on May 15, 2025 - 02:00 GMT

Heinrich Demands Answers on Public Lands Transfer in Southern New Mexico

Heinrich to Hegseth: "I have deep concerns that the Trump Administration is bypassing due process for individuals who either intentionally or unintentionally enter this newly restricted area, including United States citizens who may be stopped and …

Distribution channels: Energy Industry
Published on May 15, 2025 - 02:00 GMT

Heinrich Votes Against Advancing Nominees for the Interior Solicitor and Energy Assistant Secretary of Energy for ...

WASHINGTON — U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the Senate Energy and Natural Resources Committee, voted no against William Doffermyre’s nomination to be the Department of the Interior (DOI) Solicitor and Catherine Jereza’s nomination …

Distribution channels:
Published on May 15, 2025 - 01:58 GMT

Senate Committee on Energy and Natural Resources Advances Three Key Trump Nominees at Interior & DOE

WASHINGTON – Today, the Senate Committee on Energy and Natural Resources voted to advance three of President Trump's nominees for key positions at the Departments of Energy and the Interior: Mr. William Doffermyre - Solicitor of the Department of the …

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Published on May 14, 2025 - 13:37 GMT

Lilac Announces Successful Operations of Lithium Demonstration Plant in Argentina

OAKLAND, CA, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- Lilac, a leading provider of direct lithium extraction (DLE) technology, today announced the successful operations of its lithium extraction demonstration plant in Jujuy, Argentina. …

Distribution channels: Automotive Industry, Chemical Industry ...
Published on May 14, 2025 - 13:30 GMT

Global Taxi Market to Reach USD 467.58 Billion by 2025, Says Mordor Intelligence

The Report Covers Global Taxi Market Statistics and is Segmented by Booking Type, Vehicle Type, Service Type, Geography. HYDERABAD, TELANGANA, INDIA, May 14, 2025 /⁨EINPresswire.com⁩/ -- As per a Mordor Intelligence report on the taxi market, the …

Distribution channels: Automotive Industry, Energy Industry ...
Published on May 14, 2025 - 13:21 GMT

HYDGEN and Spectronik Partner to Enable Decentralized Green Hydrogen Infrastructure for Fuel Cell Mobility

SINGAPORE, SINGAPORE, May 14, 2025 /⁨EINPresswire.com⁩/ -- HYDGEN (Hydrogen Innovation Pte Ltd), a leading manufacturer of scalable green hydrogen electrolyzers, and Spectronik Pte Ltd, a pioneer in fuel cell systems for mobility applications, have …

Distribution channels: Automotive Industry, Electronics Industry ...
Published on May 14, 2025 - 13:00 GMT

aeShield and Hexagon Formalize Technology Partnership to Accelerate Digital Transformation in Process Safety

aeShield and Hexagon Formalize Technology Partnership to Accelerate Digital Transformation in Process Safety GREENVILLE, SC, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- aeShield, the global leader in digital transformation for functional …

Distribution channels: Energy Industry ...
Published on May 14, 2025 - 13:00 GMT

West Texas Town Emerges as AI-Grade Power Hub with 140 MW Battery and Fast-Track Grid Access

82-acre West Texas site with ERCOT queue, 140 MW BESS, and 183kV substation adjacent offers rare fast-track launchpad for AI and crypto infrastructure. DALLAS, TX, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- West Texas—While Abilene and …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 14, 2025 - 12:00 GMT

Milestone Operations & Maintenance Contract Strengthens Partnership Between EthosEnergy and Raban Al Safina Group

BAGHDAD, IRAQ, May 14, 2025 /⁨EINPresswire.com⁩/ -- EthosEnergy, a global independent service provider for rotating equipment, has secured a multimillion-dollar Operations and Maintenance (O&M) contract for the Maisan Combined Cycle Power Plant, near …

Distribution channels: Energy Industry ...