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DUBAI, United Arab Emirates (AP) — Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15% from last year as low oil prices ate into its revenues.
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. Type your search and press Enter.
Big Oil often suggests ExxonMobil or Chevron. But Saudi Arabia’s $1.9-trillion giant dwarfs all its competitors, pumping nearly 1 in every 11 barrels of oil the world uses, and in 2022 booking ...
Saudi Aramco is returning to debt markets with a $5 billion bond issuance to support dividends and growth amid falling oil revenues and pressure to fund Vision 2030.
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 Gazette report DHAHRAN — Saudi Aramco has announced the completion of a $5 billion issuance of bonds across three tranches under its Global Medium Term Note Program.According to Aramco ...
International fund managers and institutional investors largely expect Saudi Aramco to be valued at up to USD$1.5 trillion in the IPO expected next year.
Saudi Aramco, the world’s largest energy company, on Monday reported a nearly 40 percent drop in profit for the second quarter, ... (Exxon Mobil made $7.9 billion and Shell $5 billion). ...
DUBAI, United Arab Emirates (AP) — Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15% from last year as low oil prices ate into its revenues.