Saudi Aramco is in talks with Hengli Group Co., Ltd. about potentially acquiring a 10 per cent …
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Aramco
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Aramco eyes expansion in China
by Aya El Sayedby Aya El SayedSaudi Aramco’s CEO, Amin Nasser, announced on Sunday that the company is exploring further investment opportunities in …
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FeatureIndustry & TradeMENA NewsNews
Aramco’s ’23 profit drops to $121b
by Aya El Sayedby Aya El SayedAramco, the Saudi oil giant, announced on Sunday a $121 billion profit in 2023, down from its …
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FeatureIndustry & TradeMENA NewsNewsTech/AI
Aramco raises dividend to $31b despite lower oil prices
by Nada Aliby Nada AliAramco raised its dividend payment to investors and the Saudi government, totalling $31.07 billion in the fourth …
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FeatureIndustry & TradeTech/AI
S. Arabia oil production expansion halt due to transition – minister
by Aya Anwarby Aya AnwarSaudi Arabia plans to reduce its long-term oil production capacity expansion was due to energy transition, Reuters …
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Aramco CEO Amin Nasser expected that oil demand would rise to 104 million barrels per day (mbd) …
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Saudi Arabia is considering a reviving plan for a follow-on share offering in Saudi Aramco to raise …
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FeatureIndustry & TradeMENA NewsNewsTech/AI
Aramco boosts venture arm’s capital to $7 bln
by Nada Aliby Nada AliSaudi Arabia oil giant Aramco said on Wednesday that it has allocated an additional $4 billion to …
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FeatureIndustry & TradeMENA NewsNewsTech/AI
Companies in KSA warn Aramco fuel price hike to curb earnings
by Sama Mousaby Sama MousaA number of Saudi Arabian companies issued a warning on late Wednesday and Thursday that the fuel …
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