MENA News Aramco to enter South America retail market after acquiring Chile’s Esmax Nada Ali Sep 17, 2023 0 Saudi Aramco announced on Friday that it has agreed to purchase a 100 percent equity stake in Chile’s Esmax…
MENA News Saudi ACWA Power reach closure for $2.4bln Al-Shuaibah solar projects Nada Ali Aug 21, 2023 0 Saudi ACWA Power has reached a financial close of $2.37 billion Al Shuaibah 1 and Al Shuaibah 2 solar PV projects…
Money Saudi Aramco, ENI, United Airlines invest in UK-based low-carbon fuel venture Nada Ali Jun 8, 2023 0 Saudi Aramco and Italy's Eni have joined the world's largest passenger carrier United Airlines to invest $22.7…
Industry & Trade Aramco posts 19% drop in Q1 profit Norhan Adel May 9, 2023 0 Saudi Arabia oil gaint Aramco posted on Tuesday its first quarter’s earnings, reporting net income of $31.9 billion…
Tech/AI Saudi Aramco opens petrochemical complex in China by 2026 Nada Ali Mar 27, 2023 0 Saudi Arabia’s Aramco signed an agreement with Chinese partners on Sunday for an oil refinery and petrochemical…
International News Chinese recovery, dollar weakness cause crude price hike Yassmine Elbehnaihy Mar 13, 2023 0 Oil prices inclined during Asian trade on Monday, amidst China’s demand recovering and the weaker dollar that is…
Tech/AI Saudi Aramco earnings grow 46.4% in 2022 below forecast Nada Ali Mar 12, 2023 0 Saudi Arabia’s Aramco has announced its financial results for 2022 on Sunday, which saw profits rise by 46.4…
Featured Saudi Aramco acquires Valvoline in $2.65 billion deal Nada Ali Mar 6, 2023 0 Saudi Arabian oil company Aramco has announced on Thursday its acquisition of Valvoline Inc. global products…
Featured Saudi Aramco hikes oil prices once again in April Nada Ali Mar 6, 2023 0 Oil giant Saudi Aramco has raised the official selling price for the crude oil it exports to Asia and Europe for…
Tech/AI Saudi Aramco’s Luberef revenue reaches SAR 1.98bln Nada Ali Feb 19, 2023 0 Saudi Aramco Base Oil Company (Luberef) showed an increase in its net profit by 31.65 percent to reach SAR 1.98…