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DeepSeek and Alibaba muscle into markets as Western firms squabble over premiums The Wall Street Journal reckons China is ...
Aramco paid a base dividend of $21.1bn for Q4 2024, up 4.2 per cent year-on-year. However, it projected total dividends for 2025 to fall to $85.4bn, down from over $124bn in 2023 in line with a ...
Saudi Aramco, long known for stable payouts, slashed its dividend by 30%, signaling financial strain and shifting priorities. Since its 2019 IPO, Aramco has significantly underperformed both ...
Saudi Aramco, the biggest oil company in the world, largely owned by the Saudi state, slashed its dividend by 30%. The company divides its dividend into a base dividend and a variable dividend ...
Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday (May 11, 2025), down 4.6% from the prior year as falling global oil prices undermine the kingdom ...
Saudi Aramco reported a fall in first-quarter profits, resulting in a $10bn cut to its dividend and lowering a key source of funds for Saudi Arabia’s budget amid an uncertain outlook for oil ...
Saudi Aramco has awarded two engineering, procurement, construction and installation (EPCI) contracts worth $500 million to a leading European contractor for work on multiple offshore oil fields ...
Why Saudi Aramco Stock Is a Tough Sell on Wall Street The world’s biggest oil producer is trying to tempt global investors with a $12 billion share sale, but the price looks expensive By Carol Ryan ...
Saudi Arabia is selling more shares in its oil company, Saudi Aramco. The sale of a 0.64% stake in the state-owned company will begin on Sunday and is expected to raise about $12 billion.
Saudi Aramco: 2024 TIME100 Most Influential CompaniesBig Oil often suggests ExxonMobil or Chevron. But Saudi Arabia’s $1.9-trillion giant dwarfs all its competitors, pumping nearly 1 in every 11 ...
Saudi Aramco saw its Q1 2023 net profit decline by 19% year-on-year. Many Western investors are concerned that Saudi Arabia uses Aramco as a cash–cow for non-hydrocarbon related projects.
Commonly referred to as Saudi Aramco, the oil and gas giant saw its profits increase nearly 50% from $110 billion in 2021 to a record $161.1 billion for 2022, the company announced Sunday.