Saudi Aramco earnings grow 46.4% in 2022 below forecast
Saudi Arabia’s Aramco has announced its financial results for 2022 on Sunday, which saw profits rise by 46.4…
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Saudi Aramco
Saudi Aramco acquires Valvoline in $2.65 billion deal
Saudi Arabian oil company Aramco has announced on Thursday its acquisition of Valvoline Inc. global products…
Saudi Aramco hikes oil prices once again in April
Oil giant Saudi Aramco has raised the official selling price for the crude oil it exports to Asia and Europe for…
Saudi Aramco’s Luberef revenue reaches SAR 1.98bln
Saudi Aramco Base Oil Company (Luberef) showed an increase in its net profit by 31.65 percent to reach SAR 1.98…
Gulf’s bourses end lower on Monday except Oman gains
Gulf’s most bourses closed lower on Wednesday as investors ready for a hefty interest rate hike from the U.S.…
SATORP led by Aramco, Total reaches $382m profit in Q1 of 2022
Oil giant Aramco joint venture France’s Total Oil Co in SATORP company, which’s reach on Monday SR1.43 billion…
Saudi Aramco’s net profit jumped 82%
Energy giant Saudi Aramco reported on Sunday an 82 percent jump in net profit for the first quarter of the year,…
Saudi Aramco posts 25% decline in Q1 net profits as oil prices fall
Saudi Arabian state oil giant Aramco has posted a 25 percent fall in first-quarter net profit, missing analyst…
Saudi Aramco IPO institutional tranche more than twice oversubscribed
Institutional investors have put in 144.1 billion riyals ($38.4 billion) worth of bids for Saudi Aramco’s planned…
Saudi Aramco will not market IPO in the United States
Saudi Aramco does not plan to market its domestic initial public offering (IPO) in the United States, two sources…