Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of the world’s biggest oil producer Saudi Aramco.

(Bloomberg) -- Aramco plans to trim the world’s biggest dividend, lowering a key source of funds for Saudi Arabia’s budget while relieving stress on its own finances. Saudi Aramco expects the ...

Aramco said it expected to declare total dividends of $85.4 billion in 2025, down sharply from last year's payout of over $124 billion, which it said was, however, based on 2023 and 2024 earnings.

Aramco's 2024 profit drops over 12% to $106.2 billion Signals nearly 30% lower dividends for 2025 Average realised oil prices fell to $80.2 in 2024 Aramco plans $52-58 billion in capital ...

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 ...

MANILA, Philippines — Saudi oil giant Aramco is returning to the Philippine market after nearly two decades, this time via a buyout of a 25-percent stake in the Co family-led Unioil Petroleum ...

Aramco Asia Singapore Managing Director Fai Aldossary, sitting right, signs the agreement with Unioil CEO Janice Co Roxas-Chua, sitting left. Standing, from left, are Aramco Trading Vice President ...

DHAHRAN, Saudi Arabia, Feb. 19, 2025 /PRNewswire/ -- Aramco, one of the world's leading integrated energy and chemicals companies, today signed definitive agreements to acquire a 25% equity stake in ...

Three leading international contractors or consortia have submitted bids to Saudi Aramco for work on a multibillion-dollar deal for compression facilities for the fourth expansion phase of its ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets ...

September 27, 2022 Papua New Guinea offers gas field priority to Japan for energy security Papua New Guinea (PNG) offered Japanese companies favoured access to new gas field development ...