Live Breaking News & Updates on Aramco down despite oil spike

Stay informed with the latest breaking news from Aramco down despite oil spike on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Aramco down despite oil spike and stay connected to the pulse of your community

Aramco awards $7.7bn contracts for Fadhili gas plant expansion

This additional processing capacity is in line with Saudi Aramco's strategy to elevate gas production by more than 60% by 2030 compared to the levels in 2021. [Image: Aramco]

Fadhili , Saudi-arabia-general- , Saudi-arabia , Saudi , Saudi-aramco , Unconventional-gas , Greenhouse-gas-emissions , Executive-vice-president-of-technical-services , Gas-production , Natural-gas , Gas-plant-expansion-project

Saudi e-commerce thrives as sales using Mada cards reach $3.76bn in February

RIYADH: Saudi e-commerce sales using Mada cards reached SR14.11 billion ($3.76 billion) in February – an annual increase of 25 percent, the Kingdom’s central bank has revealed. This figure includes transactions through online shopping, in-app purchases and e-wallets, and excludes transactions by Visa, MasterCard and other credit cards. The number of e-commerce transactions also increased by 44 percent on a...

Germany , Riyadh , Ar-riya- , Saudi-arabia , Jeddah , Makkah , Jarir , United-states , Saudis , American , German , Saudi

Saudi Aramco CEO calls energy transition strategy a failure - Markets

HOUSTON: Pointing to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described...

Saudi-arabia , Houston , Texas , United-states , Saudi , Amin-nasser , Saudi-aramco , International-energy-agency , Exxonmobil , Aramco-chief-executive-amin-nasser , Exxonmobil-chief-executive-darren-woods , Energy-transition

Aramco reports $121 billion profit as lower energy prices see drop in revenues

Saudi oil giant Aramco on Sunday reported it made $121 billion in profit last year, down from its 2022 record due to lower energy prices

Russia , Saudi-arabia , Saudi-arabian , Saudi , Aminh-nasser , Nvidia , Saudi-arabian-oil-co , Microsoft , Saudi-arabian-oil , Prince-mohammed , Aramco

Saudi Wealth Fund Eyes $20 Billion Windfall from Aramco Dividend

(Bloomberg) -- Saudi Arabia’s sovereign wealth fund is set to earn about $5 billion in dividend payments every quarter from its stake in Aramco after the government handed it more shares in the state-controlled oil company, which then said it would boost shareholder payouts.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackThese Are the Best Countries for Wealthy Expats‘Oppenheimer’ Wins Seven Oscars Including Best Picture, DirectorSlow US Inflation Retreat Is

Saudi-arabia , Saudi , Bloomberg-businessweek , Yasir-al-rumayyan , Bloomberg , Public-investment-fund , Saudi-aramco , Crown-prince-mohammed , Public-investment , Aramco , Overeign-wealth-fund , Loomberg

Saudi Aramco Hikes 2023 Dividend To $98 Billion Despite Lower Profit

Saudi Aramco, the world’s largest oil firm by both production and market capitalization, reported on Sunday a 25% drop in earnings for 2023, but raised its total dividend payment in 2023 to nearly $100 billion.

Russia , Saudi-arabia , Dammam , Ash-sharqiyah , Ukraine , Zuluf , Saudi-arabia-general- , Russian , Saudis , Kingdom-of-saudi-arabia , Saudi , Amin-nasser

Likely orders from Aramco to boost Kalpataru's sales

The Saudi energy giant has issued letters of intent for about 16 engineering, procurement and construction (EPC) packages worth about $10 billion, and Kalpataru has qualified for three of these, according to analysts at Nuvama Institutional Equities.

Vindhyachal , Uttar-pradesh , India , Amit-anwani , Prabhudas-lilladher , Nuvama-institutional-equities , Kalpataru-projects-international , Kalpataru-projects , Kpil , Aramco , Saudi-aramco

At Saudi Aramco's Jafurah field, another 15 trillion standard cubic feet of gas reserves proven - Markets

CAIRO: An additional 15 trillion standard cubic feet of gas have been proven at Saudi state oil company Aramco’s...

Cairo , Al-qahirah , Egypt , Jafurah , Ash-sharqiyah , Saudi-arabia , United-states , Saudi , Saudi-aramco , Energy-minister-prince-abdulaziz , Prince-abdulaziz

Saudi's Aramco discovers 15 trillion cubic feet gas reserves in Jafurah field

Saudi Arabia’s Aramco has discovered an additional 15 trillion standard cubic feet of gas in the Kingdom’s Jafurah field.

Empty-quarter , Saudi-arabia-general- , Saudi-arabia , Riyadh , Ar-riya- , Jafurah , Ash-sharqiyah , South-korea , Eastern-province , Kingdom-of-saudi-arabia , South-korean , Saudi

Energy giant Aramco to issue longer term bonds this year, CFO tells Saudi Capital Market Forum in Riyadh

Saudi Aramco is poised to issue bonds this year with tenures of 15 to 50 years in a bid to optimise its capital structure, Ziad Al-Murshed, the company’s CFO, said at the Saudi Capital Market Forum in Riyadh on Monday.

Saudi-arabia , Hong-kong , Saudi-arabian , Saudi , Public-investment-fund , Middle-east , Aramco , Ond-issuance , Apital-structure , Ividends , Hare-sale