Aramco
Saudi Arabia gives 4% of Aramco worth $80B to sovereign fund
Middle East
February 13, 2022
Saudi Arabia gives 4% of Aramco worth $80B to sovereign fund
DUBAI, United Arab Emirates (AP) — Saudi Arabia said Sunday it will transfer four percent of the stock in the…
Saudi Aramco Q2 profit soars on higher prices, demand recovery
Middle East
August 9, 2021
Saudi Aramco Q2 profit soars on higher prices, demand recovery
DUBAI, Aug 8 (Reuters) – Saudi Arabian state oil producer Aramco (2222.SE) reported a near four-fold rise in second-quarter net…
Saudi oil giant Aramco sees half-year earnings climb to $47B
Middle East
August 8, 2021
Saudi oil giant Aramco sees half-year earnings climb to $47B
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s oil-producing company, Aramco, announced Sunday a net income of around $47 billion…
Saudi oil firm Aramco’s first-quarter profits up by 30%
Middle East
May 4, 2021
Saudi oil firm Aramco’s first-quarter profits up by 30%
DUBAI, United Arab Emirates (AP) — Saudi Aramco’s profits soared by 30 percent for the first-quarter of the year, compared…
Analysis: Saudi $7 trillion investment goal puts spotlight on oil prices
Middle East
April 9, 2021
Analysis: Saudi $7 trillion investment goal puts spotlight on oil prices
DUBAI (Reuters) – In order to wean Saudi Arabia off its dependency on crude the kingdom needs higher oil prices.…
Saudi oil giant Aramco reports 30% drop in payments to state
Middle East
March 22, 2021
Saudi oil giant Aramco reports 30% drop in payments to state
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-backed oil giant Aramco paid the Saudi government 30 percent less in…
Oil giant Saudi Aramco sees 2020 profits drop to $49 billion
Middle East
March 21, 2021
Oil giant Saudi Aramco sees 2020 profits drop to $49 billion
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-backed oil giant Aramco announced Sunday that its profits nearly halved in…
Egypt condemns ongoing Huthi attacks against Saudi Arabia
Egypt
March 8, 2021
Egypt condemns ongoing Huthi attacks against Saudi Arabia
The Egyptian Foreign Ministry on Monday expressed deep condemnation of the Huthi rebels’ continued “terrorist operations” against Saudi Arabia. The…
Yemen’s Houthi rebels claim missile hits Saudi oil facility
Middle East
March 4, 2021
Yemen’s Houthi rebels claim missile hits Saudi oil facility
DUBAI, United Arab Emirates (AP) — Yemen’s Houthi rebels said they attacked a Saudi oil facility in the port city…
Aramco seeks one-year extension on $10 billion loan: sources
Middle East
March 1, 2021
Aramco seeks one-year extension on $10 billion loan: sources
DUBAI (Reuters) – Saudi Aramco has asked banks to extend by a year a $10 billion loan it raised last…