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Protester given six-week prison sentence for tying himself to goalpost

A climate change activist who tied himself to the goalpost at a Premier League match has been given a six-week prison sentence. Louis McKechnie, 21, denied aggravated trespass and going onto the playing area at the game at Everton’s Goodison Park ...

30 Sept 2022 at 17:41

World

Saudi oil giant Aramco sees profits rocket 80%

Oil giant Saudi Aramco has said its profits soared more than 80% in the first three months of the year, as the state-backed company cashes in on the volatility in global energy markets and soaring prices following Russia’s invasion of Ukraine. ...

15 May 2022 at 10:25

World

Saudi Arabia transfers 4% of Aramco shares worth around £59bn to investment fund

Saudi Arabia will transfer 4% of the stock in the state-run oil giant Aramco to a sovereign wealth fund, in an infusion valued at nearly 80 billion dollars (£59 billion) as the kingdom tries to overhaul its energy-dependent economy. The ...

13 Feb 2022 at 07:55

World

Saudi Arabia to sell second slice of shares in oil giant Aramco

The Saudi Arabian government is to sell a second sliver of stock worth billions of dollars in state oil giant Aramco. Saudi Aramco, formally known as the Saudi Arabian Oil Company, acknowledged the stock sale in a corporate disclosure ...

31 May 2024 at 08:47

World

Aramco reports 30bn dollar second quarter profits – down 40% from last year

Saudi Arabia’s state-run oil giant Aramco made 30 billion dollars (£23.5 billion) in profit in the second quarter – a near 40% decline from the same period the previous year, which it attributed to lower crude oil prices. Total sales ...

07 Aug 2023 at 09:05

Greta Thunberg detained at protest disrupting oil summit

Climate activist Greta Thunberg has been detained by police at a protest outside a central London hotel which was hosting the heads of major oil and gas companies. Fossil Free London organised the protest to disrupt the Energy ...

17 Oct 2023 at 14:55

World

Saudi energy company Aramco sees profits rise by 90%

Saudi energy company Aramco has revealed that profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly 88 billion dollars (£76bn). The increase is a boost for ...

14 Aug 2022 at 14:39

World

Oil giant Saudi Aramco reports £25bn profit in first quarter

Oil giant Saudi Aramco has reported a first-quarter profit of 31.88 billion US dollars (£25.2 billion), down from 39.47 billion dollars (£31.2 billion) the same quarter last year. The business, formally known as the Saudi ...

09 May 2023 at 08:10

World

Oil producers announce surprise cuts in move which could force up prices

Saudi Arabia and other major oil producers announced surprise cuts on Sunday totalling 1.15 million barrels per day from May until the end of the year, a move that could raise prices worldwide. Higher oil prices would ...

02 Apr 2023 at 19:03

World

Aramco says it will not increase oil production beyond 12m barrels per day

Saudi Arabia’s oil giant Saudi Aramco said on Tuesday that it will not try to increase its maximum daily oil production to 13 million barrels a day after receiving an order from the country’s energy ministry. The ...

30 Jan 2024 at 09:10

City

Aston Martin to sell F1 team stake as billionaire Stroll invests more cash

Aston Martin has said it plans to sell its minority stake in the Aston Martin Aramco Formula One team as part of efforts to boost its finances. It also confirmed that Lawrence Stroll’s Yew Tree Consortium is ...

31 Mar 2025 at 09:26

Sport

I just want to go home, says Lewis Hamilton after Saudi Arabian Grand Prix

Lewis Hamilton said he was looking forward to getting out of Saudi Arabia following Sunday’s controversial race. The second round of the new Formula One season had been in doubt 48 hours earlier following a ...

27 Mar 2022 at 22:25

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