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    Saudi Aramco's quarterly net income up 39% to $42.4 billion

    01 Nov 2022

    Aramco's net income rose to $42.4 billion for the quarter to Sept. 30 from $30.4 billion a year earlier, it said in a bourse filing. That was just above the median net profit forecast of $41.7 billion from 16 analysts.

    Opec+ will remain proactive and pre-emptive, says Saudi minister

    21 Dec 2022

    Opec and its allies have no choice but to remain proactive given the uncertainties that face the market, the Saudi Arabian oil minister said. “The market has been subject to some extreme shocks and if it were not for the proactive approach and the pre-emptive steps that Opec+ adopted, these shocks would have created havoc in oil

    ‘Oil demand picking up as countries ease lockdown’

    09 Aug 2020

    Saudi Aramco’s Chief Executive Amin Nasser said on Sunday that he sees oil demand recovering in Asia as economies gradually open up after the easing of coronavirus lockdowns.

    Saudi Aramco continues to explore India investment plan

    22 Aug 2020

    World’s largest oil company Aramco remains committed on its investment plan in India, including a $15 billion deal with Reliance Industries, even though Covid-19 pandemic has made life difficult

    Saudi Aramco’s Q1 net profit up 30 per cent at $21.7 billion

    04 May 2021

    State-run oil producer Saudi Aramco beat analysts’ forecasts on Tuesday with a 30 per cent rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices.

    Saudi Aramco reports 288% rise in Q2 net income at $25.5 billion

    08 Aug 2021

    The Saudi Arabian Oil Company Aramco announced on Sunday its second quarter (Q2) 2021 financial results, reporting a 288 per cent increase in net income

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