News

Aramco, formally known as the Saudi Arabian Oil Co., had revenues of $108.1 billion over the quarter, the company reported in a filing on Riyadh’s Tadawul stock exchange. The company saw $107.2 ...
Saudi Aramco's first-quarter net profit fell 5% year-on-year amid lower oil prices and production. Net income for the three months to March 31 came in at $26 billion, down from $27.3 billion for ...
The world’s largest oil-exporting company Saudi Arabian Oil Company (Saudi Aramco) has signed a memorandum of understanding (MoU) with China Petroleum & Chemical Corporation (Sinopec).
Despite the short-term stock performance, Aramco maintains a strong financial position with low production costs and significant untapped reserves. The company remains committed to its core oil ...
Saudi Aramco agreed to buy a stake in MidOcean Energy for $500 million, its first investment in liquefied natural gas as the company seeks to diversify beyond its core oil business. Aramco is ...
In April, BlackRock, the world’s biggest asset manager, on whose board Aramco CEO Amin Nasser sits, announced a new $5 billion Saudi investment firm. All this gives MBS rare global leverage ...
Saudi Aramco's first-quarter net profit fell 5% year-on-year amid lower oil prices and production. Stream Los Angeles News for free, 24/7, wherever you are. Net income for the three months to ...
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices ...