In March, Aramco, which is the world’s single biggest crude producer and exporter, reported a net profit of $106.2 billion for 2024, down from $121.3 billion for 2023 as average oil prices fell ...

Saudi Aramco, long known for stable payouts, slashed its dividend by 30%, signaling financial strain and shifting priorities. Since its 2019 IPO, Aramco has significantly underperformed both ...

By Federico Maccioni and Yousef Saba DUBAI (Reuters) -Saudi oil giant Aramco is looking to sell up to five gas-fired power plants, three sources with knowledge of the matter told Reuters, part of ...

Saudi Aramco reported a fall in first-quarter profits, resulting in a $10bn cut to its dividend and lowering a key source of funds for Saudi Arabia’s budget amid an uncertain outlook for oil ...

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 undermine the kingdom’s multi ...

Saudi Aramco (ARMCO) posted a 4.6% drop in first-quarter net profit as weaker crude prices continued to weigh on the finances of the world’s largest oil exporter. The energy giant reported ...

Dubai, UAE - 13 August 2012AVEVA (LSE:AVV), announced today that Saudi Aramco Total Refinery and Petrochemical Company (SATORP) has selected AVEVA NET from the AVEVA Enterprise portfolio to provide ...