https://www.scmp.com/rss/525298/feed Saudi Aramco is the state-owned oil company of the Kingdom of Saudi Arabia, and one of the world's largest companies by revenue, headquartered in Dhahran, Saudi Arabia. It's involved in exploring, producing, refining, and distributing crude oil, natural gas, and petrochemicals, managing vast hydrocarbon reserves, and investing in new energy and mineral technologies, while also aiming to reduce emissions and support the kingdom's energy transition from fossil fuels to renewable sources. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Reuters Reuters LIV Golf CEO Scott O’Neil admitted the nascent golf league’s finances are “managed very tightly” and said structural changes are on the way, but he remained ⁠adamant Thursday that the league will not ⁠fold. O’Neil was interviewed by LIV employees on the TV broadcast of ⁠the first round of LIV Golf Mexico City, a day after the Financial Times reported that Saudi Arabia’s Public Investment Fund was on the verge of cutting its funding for the league it helped launch in 2022. O’Neil, who has been in... https://www.scmp.com/sport/golf/article/3350397/liv-golf-ceo-scott-oneil-claims-business-usual-amid-reports-leagues-demise?utm_source=rss_feed https://www.scmp.com/sport/golf/article/3350397/liv-golf-ceo-scott-oneil-claims-business-usual-amid-reports-leagues-demise?utm_source=rss_feed Fri, 17 Apr 2026 03:35:53 +0000 Carol Yang Carol Yang Saudi Arabia is activating its Red Sea “Plan B” to divert crude via the port of Yanbu, allowing tankers – including Chinese very large crude carriers (VLCCs) – to bypass the Strait of Hormuz, though analysts warn the route has limited capacity. The move comes after Iran effectively closed the strait in response to United States and Israeli military strikes, a conflict now in its third week that has rattled global energy markets. New Vista, a VLCC owned by China Merchants Energy Shipping, had... https://www.scmp.com/economy/global-economy/article/3347045/red-sea-fix-china-bound-oil-tankers-tap-saudi-plan-bypass-strait-hormuz?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3347045/red-sea-fix-china-bound-oil-tankers-tap-saudi-plan-bypass-strait-hormuz?utm_source=rss_feed Wed, 18 Mar 2026 14:00:08 +0000