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Results for

Saudi Aramco

52 Results
  • Saudi Crown Prince announces transfer of Aramco shares to PIF’s Sanabil Investments

    Saudi Crown Prince announces transfer of Aramco shares to PIF’s Sanabil Investments

    Saudi Arabia’s Crown Prince Mohammed bin Salman announced on Sunday the completion of a 4 percent transfer of state-owned shares in Saudi Aramco to a ...
    Saudi Arabia
  • Oil giant Saudi Aramco says has profits of $161.1 bln in 2022

    Oil giant Saudi Aramco says has profits of $161.1 bln in 2022

    Saudi Arabian oil giant Aramco on Sunday reported a record annual net profit of $161.1 billion for 2022, up 46 percent from the previous year on ...
    Saudi Arabia
  • Saudi Aramco near deal to join Renault-Geely car venture

    Saudi Aramco near deal to join Renault-Geely car venture

    Saudi Aramco is nearing a deal to acquire a stake in Renault SA and Zhejiang Geely Holding Group Co.’s planned combustion-engine venture to grow its ...
    Economy
  • Saudi Aramco to build Zoom’s first global data center in Saudi Arabia

    Saudi Aramco to build Zoom’s first global data center in Saudi Arabia

    Saudi Aramco will be partnering with Zoom Global to build its first global data center in Saudi Arabia as part of the Kingdom’s efforts to support the ...
    Saudi Arabia
  • Saudi Aramco signs deals worth $7.2 bln to spur digital transformation

    Saudi Aramco signs deals worth $7.2 bln to spur digital transformation

    Saudi Aramco has signed more than 100 agreements and memoranda of understanding (MoU) worth a total of $7.2 billion to accelerate the company’s ...
    Energy
  • Saudi Aramco acquires trading arm of US refiner Motiva

    Saudi Aramco acquires trading arm of US refiner Motiva

    Saudi Aramco has acquired the trading arm of US refiner Motiva Enterprises LLC as the state-owned oil giant expands its operations in the Americas.For ...
    Energy
  • Saudi Aramco sees oil demand picking up on China and aviation recovery

    Saudi Aramco sees oil demand picking up on China and aviation recovery

    The world’s biggest oil company is confident demand will pick up strongly this year as China reopens its economy and the aviation market recovers.For ...
    Energy
  • World number 1 women’s golfer confirmed for Saudi tournament

    World number 1 women’s golfer confirmed for Saudi tournament

    The world’s best female golfer will take part in the Aramco Saudi Ladies International in February, organizers confirmed on Tuesday.For the latest ...
    Sports
  • Saudi Aramco refiner drops in debut after $1.3 billion IPO

    Saudi Aramco refiner drops in debut after $1.3 billion IPO

    Saudi Aramco Base Oil Co., a refining unit of the state-owned oil producer, slumped in its trading debut following an initial public offering that ...
    Energy
  • Aramco, Sinopec, and SABIC expand refining, petrochemical cooperation

    Aramco, Sinopec, and SABIC expand refining, petrochemical cooperation

    Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, Sinopec (China Petroleum and Chemical Corporation), and SABIC are ...
    Energy
  • Saudi Aramco affiliate S-Oil to build petrochemical steam cracker facility in S.Korea

    Saudi Aramco affiliate S-Oil to build petrochemical steam cracker facility in S.Korea

    Saudi Aramco affiliate S-Oil plans to build one of the world’s largest petrochemical steam cracker facilities in South Korea, the official Saudi Press ...
    Energy
  • Saudi Arabia announces 13 new renewables projects in latest move towards net-zero

    Saudi Arabia announces 13 new renewables projects in latest move towards net-zero

    Thirteen new renewables projects are currently under development, the Kingdom’s Minister of Energy Prince Abdulaziz bin Salman announced as the ...
    Energy
  • Saudi Aramco posts 39 pct jump in third-quarter profits: Statement

    Saudi Aramco posts 39 pct jump in third-quarter profits: Statement

    Saudi Aramco on Tuesday posted a 39-percent jump in third-quarter profits year on year, the latest financial results boosted by higher oil prices ...
    Energy
  • Saudi Aramco CEO announces $1.5 billion sustainability fund

    Saudi Aramco CEO announces $1.5 billion sustainability fund

    Saudi Aramco CEO Amin Nasser announced the launch of a global $1.5 billion sustainability fund, one of the largest in the world, during the Future ...
    Energy
  • ‘Global AI Corridor’ deal with Saudi Aramco aims to link Riyadh to California

    ‘Global AI Corridor’ deal with Saudi Aramco aims to link Riyadh to California

    Saudi Aramco announced on Tuesday a deal to launch a ‘Global AI Corridor’ in partnership with Beyond Limits, a US-based artificial intelligence ...
    Gulf
  • Saudi Aramco ready to ramp up to maximum oil output: CEO

    Saudi Aramco ready to ramp up to maximum oil output: CEO

    Saudi Aramco stands ready to ramp up crude oil output to its maximum capacity of 12 million barrels per day (bpd) if requested to do so by the Saudi ...
    Energy
  • Valvoline to sell its global products arm to Saudi’s Aramco in $2.65 bln deal

    Valvoline to sell its global products arm to Saudi’s Aramco in $2.65 bln deal

    Saudi Aramco announced a $2.65 billion agreement on Monday to acquire Valvoline’s global products business, which includes motor oils, transmission ...
    Energy
  • Saudi Aramco-backed Amogy seeks fast shift to zero emissions with ammonia-based fuel

    Saudi Aramco-backed Amogy seeks fast shift to zero emissions with ammonia-based fuel

    South Korea’s SK Innovation has led the latest $46 million funding round for climate tech start-up Amogy, which aims to accelerate the shift to ...
    Energy
  • SABIC first quarter profit up 33 pct on higher prices, volumes

    SABIC first quarter profit up 33 pct on higher prices, volumes

    Saudi Basic Industries Corp (SABIC), one of the world’s biggest petrochemicals firms, said on Thursday its first quarter net profit rose 33 percent ...
    Energy
  • Saudi Aramco becomes world’s most valuable company, dethrones Apple

    Saudi Aramco becomes world’s most valuable company, dethrones Apple

    Saudi Aramco on Wednesday dethroned Apple as the world’s most valuable company as surging oil prices drove up shares and tech stocks slumped.For the ...
    Gulf
  • Middle East helps Europe fill diesel void as Russian flows slump amid war, sanctions

    Middle East helps Europe fill diesel void as Russian flows slump amid war, sanctions

    Middle Eastern petrostates are helping Europe make up for a drop in diesel supplies from Russia.Flows of the transport fuel from the Arabian Gulf to ...
    Gulf
  • US sanctions Iran ballistic missile program supplier after Saudi Aramco, Erbil attack

    US sanctions Iran ballistic missile program supplier after Saudi Aramco, Erbil attack

    The attacks are a “reminder that Iran’s development and proliferation of ballistic missiles continues to pose a serious threat to international security,” the Treasury Department said.
    Middle East
  • Oil prices up more than $6 as EU considers embargo on Russian oil

    Oil prices up more than $6 as EU considers embargo on Russian oil

    Oil prices jumped by more than $6 on Monday, with Brent crude climbing above $114 a barrel, as European Union nations considered joining the United ...
    Energy
  • Saudi Aramco seals long-term partnership with F1’s Aston Martin team

    Saudi Aramco seals long-term partnership with F1’s Aston Martin team

    Saudi Aramco and Formula One’s Aston Martin Cognizant team have announced a long-term partnership that entails sponsorship rights and joint efforts in ...
    Gulf
  • Aramco’s Rumayyan: IKTVA drew 500 investments to Saudi Arabia with CapEx of $7 bln

    Aramco’s Rumayyan: IKTVA drew 500 investments to Saudi Arabia with CapEx of $7 bln

    Saudi Aramco’s IKTVA program has attracted more than 500 investments inside Saudi Arabia with an estimated capital expenditure of $7 billion, Chairman ...
    Gulf
  • Saudi Aramco aims to achieve net-zero emissions from operations by 2050: CEO

    Saudi Aramco aims to achieve net-zero emissions from operations by 2050: CEO

    Saudi Aramco aims to achieve net zero emissions from its operations by 2050 while also building hydrocarbon capacity and expanding its maximum ...
    Gulf
  • Aramco touches $2 trln, in sight of Apple’s place as world’s most valuable company

    Aramco touches $2 trln, in sight of Apple’s place as world’s most valuable company

    Saudi Aramco is close to claiming the prized position of the world’s most valuable company from Apple Inc.The Saudi state oil giant has soared on the ...
    Energy
  • Saudi Arabia aims to deploy 50 pct of investments in renewable, sustainable sources

    Saudi Arabia aims to deploy 50 pct of investments in renewable, sustainable sources

    Saudi Arabia aims to deploy 50 percent of its investments in renewable and sustainable power sources, the governor of the Kingdom’s Public Investment ...
    Gulf
  • Italy’s Saipem inks investment MoU with Saudi Aramco

    Italy’s Saipem inks investment MoU with Saudi Aramco

    Italian energy services group Saipem has signed an agreement with Saudi Aramco to examine setting up a company to do engineering, procurement and ...
    Energy
  • Saudi Aramco aims to raise at least $17 bln from gas pipeline stake sale: Sources

    Saudi Aramco aims to raise at least $17 bln from gas pipeline stake sale: Sources

    Saudi Aramco is looking to raise at least $17 billion from the sale of a significant minority stake in its gas pipelines, higher than the $12.4 ...
    Energy
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