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…
Stocks Gulf’s bourses end lower on Monday except Oman gains Nada Ali Sep 21, 2022 0 Gulf’s most bourses closed lower on Wednesday as investors ready for a hefty interest rate hike from the U.S.…
Money SATORP led by Aramco, Total reaches $382m profit in Q1 of 2022 Esraa Ibrahim May 26, 2022 0 Oil giant Aramco joint venture France’s Total Oil Co in SATORP company, which’s reach on Monday SR1.43 billion…
Industry & Trade Saudi Aramco’s net profit jumped 82% Nada Ali May 16, 2022 0 Energy giant Saudi Aramco reported on Sunday an 82 percent jump in net profit for the first quarter of the year,…