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Saudi Aramco

  • Tuesday, 18 June, 2024
    Shell PLC
    Shell beats Saudi Aramco to Temasek’s LNG business

    Purchase of Singapore-based Pavilion Energy is its latest bet on the fossil fuel

    A Shell petrol station in London
  • Thursday, 13 June, 2024
    Oil & Gas industry
    Saudi Aramco signs LNG deal with US developer

    Oil company to buy fuel in high demand amid energy transition and Ukraine war

    Saudi Aramco logo at an oil facility
  • Saturday, 8 June, 2024
    Saudi Aramco prices stock offer at low end of range in $11.2bn sale

    Oil company targets international investors as government raises funds

    General view of Saudi Aramco’s Shaybah oil field in the Empty Quarter, Saudi Arabia
  • Friday, 31 May, 2024
    Lex
    Why Saudi Aramco is not maximising its advantage as the lowest cost producer Premium content

    High oil prices make sense for the Saudi state, but not for the company’s attractiveness to the broader oil sector

  • Thursday, 30 May, 2024
    Saudi Arabia to sell $12bn worth of Saudi Aramco shares

    Offering in world’s largest oil exporter to be set in range of SR26.7-SR29 as kingdom seeks fresh capital

    Spheroids and pipelines at an oil processing plant
  • Tuesday, 7 May, 2024
    Saudi Aramco to increase dividends despite drop in profits

    Group plans to boost critical source of revenue to kingdom in spite of earnings miss

    View of Aramco’s oilfield in the Empty Quarter, Shaybah, Saudi Arabia
  • Monday, 22 April, 2024
    Saudi Aramco chief defends China’s role in green transition amid closer ties

    Amin Nasser praises Beijing’s efforts to make solar panels and electric vehicles cheaper

    Amin Nasser, chief executive of Saudi Aramco
  • Tuesday, 12 March, 2024
    Energy Source
    Who will pay for Europe’s power grid upgrade? Premium content

    The EU will not meet its ambitious green goals without vast investment in its grids

    An electricity tower and power line
  • Sunday, 10 March, 2024
    Saudi Aramco increases dividend to nearly $100bn despite oil price falls

    State-owned group reports second-highest annual profit, even as production cuts weigh down on performance

    Saudi Aramco oil storage tanks in Jeddah, Saudi Arabia
  • Thursday, 7 March, 2024
    Public Investment Fund of Saudi Arabia
    Saudi Arabia transfers $163bn stake of oil producer Aramco to its wealth fund

    Kingdom’s investment group aims to finance projects to modernise its economy

    Skyline of the King Abdullah Financial District in Riyadh, Saudi Arabia
  • Tuesday, 30 January, 2024
    Saudi Arabia ditches plan to raise oil production

    World’s biggest exporter says it will no longer seek to increase output to 13mn barrels a day

    A Saudi Aramco employee walks near an oil tank at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia
  • Wednesday, 17 January, 2024
    Saudi Aramco beefs up venture capital arm to diversify from oil

    Cash injection of $4bn will be deployed to protect kingdom’s economy when oil demand eventually starts to decline

    A Saudi Aramco oilfield
  • Friday, 15 December, 2023
    The Big Read
    The new climate commitments that really count

    Beyond the headline statement, three new pledges might cut demand for fossil fuels and eliminate potent emissions

    Illustration of COP28 leaders embracing, against a backdrop of the COP28 logo, a flaring oil well, a person carrying a solar panel, and wind turbines
  • Tuesday, 7 November, 2023
    Saudi Aramco profits exceed expectations on back of buoyed oil price

    Group surprises with quarterly net profit of $32.6bn despite production volumes falling

    Saudi Aramco engineers walk in front of a gas turbine generator at an oilfield near Riyadh, Saudi Arabia
  • Friday, 25 August, 2023
    Climate change
    UN warns banks that fund Saudi Aramco about possible human rights breach

    Financiers of world’s biggest corporate emitter of greenhouse gases told they could be violating international law

    Saudi Aramco’s crude oil processing facility, in Abqaiq, Saudi Arabia
  • Monday, 7 August, 2023
    Saudi Aramco signals further investments in China

    Group reaffirms huge capital spending programme despite fall in Q2 profits

    Saudi Aramco logo is pictured at an oil facility in Abqaiq, Saudi Arabia
  • Tuesday, 9 May, 2023
    Lex
    Saudi Aramco: payout boost will lift yield of tight-held stock Premium content

    Saudi control is an issue for many external investors, some of whom see the company as an arm of government

    Saudi Aramco logo pictured at the oil facility in Abqaiq, Saudi Arabia
  • Tuesday, 9 May, 2023
    Saudi Aramco plans performance-linked dividends despite profits fall

    Group reports first-quarter net income of $32bn as oil prices decline

    A sign with the the Saudi Aramco logo against a backdrop of pipes at the Abqaiq oil facility in Saudi Arabia
  • Sunday, 16 April, 2023
    Public Investment Fund of Saudi Arabia
    Saudi Arabia boosts sovereign wealth fund with transfer of $80bn Aramco stake

    Kingdom adds firepower to the Public Investment Fund tasked with overhauling economy

    Storage tanks are seen at a Aramco oil facility in Jiddah, Saudi Arabia
  • Monday, 27 March, 2023
    Saudi Aramco strengthens China ties with two refinery deals

    Huge supply contracts come as Russia eats into Saudi Arabia’s share of world’s largest oil import market

    A Saudi Aramco oil processing facility in Saudi Arabia
  • Sunday, 12 March, 2023
    Saudi Aramco posts record $161bn profit on back of strong crude prices

    World’s biggest oil major will increase production capacity to 13mn barrels a day

    Saudi Aramco’s Abqaiq facility
  • Thursday, 12 January, 2023
    The Big Read
    Saudi Aramco bets on being the last oil major standing

    While some western energy companies prepare for a future less reliant on fossil fuels, the world’s biggest supplier is doubling down

    Montage of Aramco’s star emblem and an oil and gas facility
  • Thursday, 17 November, 2022
    Saudi Arabia
    Saudi Aramco leads Riyadh’s $30bn investment push into South Korea

    Deals announced by Saudi Arabia as Crown Prince Mohammed bin Salman visits Seoul

    Crown Prince Mohammed bin Salman, right, walks with South Korea’s president Yoon Suk-yeol during a welcome ceremony in Seoul
  • Monday, 14 November, 2022
    COP27
    Fossil fuel producers flex their muscle at UN climate summit

    Campaigners question legitimacy of having oil and gas companies participate in official programme

  • Tuesday, 1 November, 2022
    Oil & Gas industry
    Bumper profits raise pressure on oil majors

    Saudi Aramco makes $42.4bn quarterly profits as BP steps up share buybacks

    Saudi Aramco engineers walk in front of a gas turbine generator at the Khurais oil field in Saudi Arabia
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