Saudi Aramco Keeps World’s Biggest Dividend as Debt Jumps
Nov 5, 2024 · Anthony Di Paola. (Bloomberg) -- Saudi Arabia’s oil giant Aramco kept up its $31 billion dividend to help feed state coffers, despite rising debt. Most Read from Bloomberg. The company, majority ...
Saudi Aramco Faces $31 Billion Dividend Dilemma as Debt Jumps
Nov 5, 2024 · Listen. 3:46. Saudi Aramco will have a crucial decision to make early next year: Cut its $31 billion quarterly dividend and risk worsening the kingdom’s budget deficit, or keep borrowing to ...
Oil giant Saudi Aramco posts 15% drop in third-quarter profit but ...
Nov 5, 2024 · Key Points. Saudi state oil giant Aramco reported a 15.4% drop in net profit in the third-quarter on the back of “lower crude oil prices and weakening refining margins,” but maintained a 31.05 ...
Saudi Arabia raises $12.35 billion from Aramco share sale after ...
DUBAI, July 10 (Reuters) - Saudi Arabia raised a total of $12.35 billion from selling more shares in Aramco (2223.SE), after increasing the offering in the world's most valuable oil company, a...
Saudi Aramco's quarterly profit drops 15% on low oil prices
Nov 5, 2024 · Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing prices which have stayed low despite production cuts and war in the Middle East.Yet ...
Saudi Aramco to pay out $124bn as it says oil demand …
Aug 6, 2024 · Saudi Aramco confirmed that it would pay more than $124bn in dividends this year as it said the market was underestimating the demand for oil.
Heading for hydrogen and a lower-carbon future | Aramco
Sep 15, 2024 · A global low-emissions future will rely on technology and energy innovations on a huge scale, and Aramco is well positioned to play an important role in a decarbonizing world. Reducing carbon emissions is an important step, but not enough in and of itself — carbon must be removed, and what is captured needs to become a valuable resource in ...
Saudi Arabia orders Aramco to lower oil capacity target
DUBAI, Jan 30 (Reuters) - Saudi Arabia's government on Tuesday ordered state oil company Aramco (2222.SE) to halt its oil expansion plan and to target a maximum sustained production capacity of...
Saudi Arabia's Aramco halts plans to increase maximum oil ...
Jan 30, 2024 · Saudi Arabia’s state-controlled Aramco on Tuesday announced it is pausing plans to raise its crude production capacity from 12 million barrels per day to 13 million barrels per day.
Aramco announces record full-year 2022 results
Mar 12, 2023 · Strong track record of reliability continues, with 99.9% supply reliability. The Saudi Arabian Oil Company (“Aramco” or “the Company”) today announced its full-year 2022 financial results, reporting a record net income of $161.1 billion — …
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