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 is in advanced talks to sell a roughly $10 billion stake in midstream infrastructure serving the giant Jafurah ...

As Saudi Arabia works to cut emissions, Aramco will supply a lot more gas for power generation and is heavily involved in ...

This deal is part of a strategy by Gulf oil producers to raise capital for economic diversification while offering investors reliable revenue.

Saudi Aramco reportedly is close to a deal to raise ~$10B from a group led by BlackRock that has been set up to invest in the ...

The potential sales coincide with Crown Prince Mohammed bin Salman's efforts to diversify the Saudi economy from oil.

FILE – Saudi Aramco engineers and journalists look at the Hawiyah Natural Gas Liquids Recovery Plant in Hawiyah, in the Eastern Province of Saudi Arabia on June 28, 2021.

Aramco on Tuesday reported a drop in 2024 profits and guided for a 30% lower total dividend for this year, which would further strain the finances of the Kingdom of Saudi Arabia. In March, Aramco ...

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 awards $2 billion-plus strategic offshore expansion deal to leading contractor. The EPCI workscope is said to be sizeable, involving the replacement of up to eight slipover jackets ...