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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 ...

Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15% from last year as ...

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 ...

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.

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 ...

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 ...

Saudi Arabia’s state energy giant Aramco’s Q3 2024 net profit plummeted over 15% year-on-year (YoY) to $27.6 billion, weighed by the impact of lower crude oil prices and weakening refining margins.

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.

HANOI: Oil giant Saudi Aramco wants to invest in the oil refinery sector and petroleum distribution in Vietnam, the Southeast Asian country's government said late on Tuesday (Oct 29).

(Bloomberg) -- Saudi Aramco has canceled plans to build a refinery and chemicals project in the kingdom and is reviewing three others as it evaluates spending plans with a focus on expanding in Asia.