Aramco declared total dividends for the third quarter of $31.1 billion, maintaining this year's increased based dividend of $20.3 billion even as debt deepened and oil prices fell. Image by ...

Saudi Aramco will have a crucial decision to make early next year: Cut its $31 billion quarterly dividend and risk worsening the kingdom’s budget deficit, or keep borrowing to maintain the ...

Saudi Arabia’s national oil company, Aramco, said its third-quarter profit fell on lower oil prices and weak refining margins that pushed its downstream division into a loss. The fall follows a ...

Quarterly dividends have exceeded profits Aramco has flipped from net cash to net debt Vision 2030 project has strained public finances DUBAI, Nov 5 (Reuters) - Saudi oil giant Aramco (2222.SE ...

DUBAI, United Arab Emirates — Saudi Arabian oil giant Aramco reported third-quarter profit of $27.5 billion on Nov. 5, down about 15% from last year as low oil prices ate into its revenue.

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices. The fall in net income to $27.56 billion this year from $32.58 billion ...

1. Non-IFRS measure: refer to Non-IFRS measures reconciliations and definitions section of the 2024 Saudi Aramco Third Quarter Interim Report for further details. 2. Refers to AC production capacity.

Saudi Aramco let a contract to Wood for a mega-project aimed at increasing Saudi Arabia's natural gas production. Saudi Aramco has let an engineering services contract to Wood for Aramco’s ...

Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15 percent from last year as low oil prices ate into its revenues. Aramco, formally known as ...

RIYADH, Oct 29 (Reuters) - The oil market is currently balanced and demand is expected to average 104.5 million barrels per day this year, the CEO of Saudi Arabian oil giant Saudi Aramco (2222.SE ...

Saudi oil giant Aramco unveiled its first fuel retail station in Pakistan on Tuesday with the launch in Lahore, following the acquisition of a 40% stake in Gas & Oil Pakistan (GO) earlier this ...

Saudi Arabia's national oil company Aramco said its third-quarter profit fell as its downstream division booked a loss on weak refining margins, and that it plans to pay $31.05 billion in dividends.