Aramco

Saudi Aramco Q2 profit soars on higher prices, demand recovery
Middle East

Saudi Aramco Q2 profit soars on higher prices, demand recovery

DUBAI, Aug 8 (Reuters) – Saudi Arabian state oil producer Aramco (2222.SE) reported a near four-fold rise in second-quarter net…
Saudi oil giant Aramco sees half-year earnings climb to $47B
Middle East

Saudi oil giant Aramco sees half-year earnings climb to $47B

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s oil-producing company, Aramco, announced Sunday a net income of around $47 billion…
Saudi oil firm Aramco’s first-quarter profits up by 30%
Middle East

Saudi oil firm Aramco’s first-quarter profits up by 30%

DUBAI, United Arab Emirates (AP) — Saudi Aramco’s profits soared by 30 percent for the first-quarter of the year, compared…
Analysis: Saudi $7 trillion investment goal puts spotlight on oil prices
Middle East

Analysis: Saudi $7 trillion investment goal puts spotlight on oil prices

DUBAI (Reuters) – In order to wean Saudi Arabia off its dependency on crude the kingdom needs higher oil prices.…
Saudi oil giant Aramco reports 30% drop in payments to state
Middle East

Saudi oil giant Aramco reports 30% drop in payments to state

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-backed oil giant Aramco paid the Saudi government 30 percent less in…
Oil giant Saudi Aramco sees 2020 profits drop to $49 billion
Middle East

Oil giant Saudi Aramco sees 2020 profits drop to $49 billion

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-backed oil giant Aramco announced Sunday that its profits nearly halved in…
Egypt condemns ongoing Huthi attacks against Saudi Arabia
Egypt

Egypt condemns ongoing Huthi attacks against Saudi Arabia

The Egyptian Foreign Ministry on Monday expressed deep condemnation of the Huthi rebels’ continued “terrorist operations” against Saudi Arabia. The…
Yemen’s Houthi rebels claim missile hits Saudi oil facility
Middle East

Yemen’s Houthi rebels claim missile hits Saudi oil facility

DUBAI, United Arab Emirates (AP) — Yemen’s Houthi rebels said they attacked a Saudi oil facility in the port city…
Aramco seeks one-year extension on $10 billion loan: sources
Middle East

Aramco seeks one-year extension on $10 billion loan: sources

DUBAI (Reuters) – Saudi Aramco has asked banks to extend by a year a $10 billion loan it raised last…
Saudi petrochemicals giant SABIC hires NCB for speciality chemicals unit IPO – sources
Middle East

Saudi petrochemicals giant SABIC hires NCB for speciality chemicals unit IPO – sources

DUBAI/LONDON (Reuters) – Saudi Basic Industries Corp (SABIC) has hired NCB Capital to advise on a potential listing of its…
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