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Saudi Aramco is close to a deal to raise around $10 billion from a group led by BlackRock that has been set up to invest in ...
Saudi Aramco’s venture capital arm, Wa’ed Ventures, has backed a $30 million Series B funding round for local artificial ...
The potential sales coincide with Crown Prince Mohammed bin Salman's efforts to diversify the Saudi economy from oil.
Aramco carries out offshore maintenance projects through its coveted long term agreement (LTA) framework, which in recent ...
DUBAI, United Arab Emirates (AP) — 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 ...
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 ...
Saudi Aramco has raised $5 billion in debt to support ongoing investments, as lower oil prices strain Saudi Arabia’s budget and increase fiscal pressure.
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.
Two of Saudi Aramco's ongoing multibillion-dollar offshore development projects are on track to add up to 550,000 barrels per day (bpd) of oil production capacity in the kingdom, the operator ...
Last week’s plunge in oil prices rippled through Middle Eastern markets Sunday, sending benchmark indexes in the region sinking and shaving off more than $88 billion from the world’s biggest ...
Put simply, Aramco has burned through more than $100 million a day – a day – to finance its distribution to shareholders. Even the fortress-like balance sheet of the Saudi company cannot ...
More than 100 soccer players from the women’s game have signed an open letter to FIFA, urging the game’s world governing body to end its sponsorship deal with Saudi oil and gas company Aramco.
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