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Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday (May 11, 2025), down 4.6% from the prior year as falling global oil prices undermine the kingdom ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Saudi Aramco reported a fall in first-quarter profits, resulting in a $10bn cut to its dividend and ...
In addition, a significant focus for Aramco is renewable energy and hydrogen. We are on track to produce up to 12 gigawatts of solar and wind energy by 2030 through investments. Beyond our core ...
She has conducted in-depth research on social and economic issues and has also revised and edited educational materials for the Greater Richmond area ... also known as Saudi Aramco or just ...
Abu Dhabi-based NMDC Energy is targeting projects worth up to a potential $18 billion as multiple oil and gas developments in its core markets ... Oil Company and Saudi Aramco as part of Aramco's ...
The new initiatives announced during GAIN are part of Aramco’s broader strategy to adopt cutting-edge digital solutions across its business, building on its launch of the Saudi Accelerated ...
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 ...
Petrochemicals, another big area of interest for Aramco, could soak up a further $100bn in Saudi investments this decade. The firm plans to direct 1m barrels of its oil into making such products.
Exxon and Saudi Aramco resist efforts to reduce emissions ... the financial viability of the US oil majors. This is one area where Aramco has a decided advantage. As a national asset in an ...
It noted that: Saudi Aramco presents misleading information, including the premise that sustainability is a core concern of its ... a letter noted that the area is particularly vulnerable to ...
This year, Saudi Aramco’s Mohammed Al-Mulhim showcased the ... while recognising that its core business is unsustainable for the future. In an area where more innovation is required, Aramco is ...