Aramcos

DUBAI, United Arab Emirates: Oil giant Saudi Aramco reported a first-quarter profit on Tuesday of $31.88 billion, down nearly 20% from the same period last year as energy prices have sunk over global recession concerns.The firm known…

Saudi Aramco on Tuesday reported $31.9 billion in net income for the first quarter, a drop of about 19 percent compared with the same period a year ago, mainly because of lower oil prices. But with oil prices still relatively robust, Saudi…

Infosys said on Monday, that it has signed a Memorandum of Understanding (MoU) with Saudi Arabian petroleum and energy company Aramco, to collaborate on human resource (HR) technology. The companies will create solutions related to HR data…

Saudi Aramco said on Sunday it achieved "record" profits totalling $161.1 billion last year, highlighting how a surge in oil prices after Russia invaded Ukraine spurred growth in the world's biggest crude exporter. The mostly state-owned…

Saudi oil giant Aramco's base oil subsidiary Luberef expects to raise up to 4.95 billion riyals ($1.32 billion) from its initial public offering, it said, if it prices at the top of a range announced on Sunday.Luberef will sell nearly 30%…

The Capital Market Authority said on Thursday that Saudi Arabia's stock market regulator has given the go-ahead for Luberef, a base oil subsidiary of the world's largest oil company Aramco (2222.SE), to conduct an IPO.Investors will be able…

AP Dubai, August 14 Saudi oil company Aramco’s half-year profits peaked just shy of $88 billion for the first half of the year as oil prices remain…

Saudi Aramco, the giant oil producer, said on Sunday that its second-quarter profit jumped 90 percent over the same period a year ago, reaching $48.2 billion. It is the latest energy producer to report bumper earnings on the back of a surge…

Oil giant Saudi Aramco has revealed its profits skyrocketed by more than 80% in the first three months of the year, with prices buoyed by post-pandemic global demand and the Ukraine war.The bumper first-quarter earnings by the…

<!-- -->Reliance will re-evaluate its stake sale of oil-to-chemicals arm Billionaire Mukesh Ambani-led Reliance Industries has withdrawn its application with the National Company…