Oil giant Saudi Aramco, which is majority owned by the Saudi Arabia government, has announced that it is cutting its dividend payout this year by 30%. See what stocks are receiving Strong Buy ...

Project is part of Aramco's coveted long term agreement framework, which has offered EPCI contracts worth $2 billion to $3 ...

The acquisition of Primax, which operates 2,185 petrol stations across three countries, is valued at approximately $3.5bn ...

Saudi Arabia's $925 billion Public Investment Fund is driving a massive spending drive aimed at overhauling the economy. Its Aramco stake implies it received dividends of almost $20 billion last year.

DUBAI, March 20 (Reuters) - Saudi oil giant Aramco has launched a pilot direct air capture unit able to remove 12 tons of carbon dioxide per year from the atmosphere, it said on Thursday.

Aramco's 2024 profits declined due to lower oil prices and production cuts, resulting in a significant decrease in dividends for 2025. The reduced dividends will strain Saudi Arabia's finances ...

Aramco's 2024 profit drops over 12% to $106.2 billion Signals nearly 30% lower dividends for 2025 Average realised oil prices fell to $80.2 in 2024 Aramco plans $52-58 billion in capital ...

Riyadh (Saudi Arabia) (AFP) – Oil giant Saudi Aramco posted a drop in annual profits on Tuesday as lower prices and volumes hit the lynchpin of the kingdom's ambitious economic reform plans.

(Bloomberg) -- Aramco plans to trim the world’s biggest dividend, lowering a key source of funds for Saudi Arabia’s budget while relieving stress on its own finances. Saudi Aramco expects the ...

DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil giant Aramco reported a $106.25 billion profit in 2024 on Tuesday, down 12% from the prior year as lower energy prices now squeeze the ...