Saudi oil giant Aramco has launched a pilot direct air capture unit able to remove 12 tons of carbon dioxide per year from ...

What does this mean for the country? The way I see it, Aramco’s entry would toughen competition in the local oil industry. While competition usually benefits consumers, this could mean more ...

(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.

Saudi oil giant Aramco said on Tuesday that it expects to declare total dividends of $85.4 billion in 2025, a near 30 per cent drop from payouts in 2024 as it faced lower sales and higher costs.

Aramco's 2024 profits declined due to lower oil prices and production cuts, resulting in a significant decrease in dividends for 2025. The reduced dividends will strain Saudi Arabia's finances ...

DHAHRAN, Saudi Arabia – Aramco, one of the world’s leading integrated energy and chemicals companies, has launched the Kingdom’s first CO2 Direct Air Capture (DAC) test unit, capable of removing 12 ...

Saudi Arabia's state-owned oil giant Aramco reported a $106.25bn profit in 2024, down 12% from the prior year as lower energy prices now squeeze the kingdom's multi-trillion-dollar development ...

A frontrunner has emerged for a key engineering, procurement, construction and installation (EPCI) deal from Saudi Aramco for the additional offshore infrastructure required at Saudi Arabia's ...

Oil giant Saudi Aramco, which is majority owned by the Saudi Arabia government, has announced that it is cutting its dividend payout this year by 30%. See what stocks are receiving Strong Buy ...

DUBAI, United Arab Emirates — 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 squeeze ...