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Aramco

Saudi oil giant Aramco posts 121 billion US dollar profit, down from 2022 record

Saudi oil giant Aramco has reported a 121 billion US dollar (£94 billion) profit for last year, down from its 2022 record due to...

Aramco says it will not increase oil production beyond 12m barrels per day

Saudi Arabia’s oil giant Saudi Aramco said on Tuesday that it will not try to increase its maximum daily oil production to 13 million...

Saudi oil firm Aramco’s first-quarter profits up by 30%

Saudi Aramco’s profits soared by 30% for the first quarter of the year, riding on the back of higher crude oil prices. The company’s financial...

Saudi Aramco gains 10% in debut to clinch top seat at 1.8 trillion dollars

Saudi Arabia’s oil company Aramco gained 10% in its first moments on the stock market in a dramatic debut that held until closing and...

Saudi Arabia’s oil giant Aramco valued at 1.7 trillion dollars in IPO

Saudi Arabia’s state-owned oil company Aramco has announced a stock price of 32 riyals, or 8.53 US dollars per share, laying the groundwork for...

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