Low energy prices sting Aramco profits and squeeze the Saudi kingdom’s development plans
Saudi Arabia’s state-owned oil giant reported a $106.25 billion profit in 2024, down 12% from the prior year as the lower ...
Upstream25d
Saudi Aramco to renew lucrative offshore framework deals with multiple contractors
At least six leading international contractors or consortia this week are poised to sign deals with Saudi Aramco for the renewal ... South Korea’s HD Hyundai Heavy Industries, Dynamic Industries ...
NBC Washington14d
Saudi oil giant Aramco posts drop in full-year profit, slashes dividend
Saudi state oil producer Aramco reported on Tuesday a decline in net profit to $106.2 billion in 2024, down from $121.3 billion in 2023. The company said it expects total dividends for 2025 of $85 ...
Daily Journal14d
Low energy prices sting Aramco profits and squeeze Saudi development plans
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco reported a $106.25 billion profit in 2024 on Tuesday, down 12% from the prior year as lower energy prices now ...
WRAL14d
Low energy prices sting Aramco profits and squeeze Saudi development plans
A filing on Riyadh's Tadawul stock exchange showed Aramco, formally known as the Saudi Arabian Oil Co., had revenues of $436 billion in 2024. That compares to $440.88 billion in 2023.