Austrade forum to promote links with oil giant Saudi Aramco condemned by activists

Environmental groups say the event in Perth to court the biggest polluting oil company of all time is ‘akin to a joint trade show with a tobacco major’Continue readingAustrade forum to promote links with oil giant Saudi Aramco condemned by activists

Oil giant Saudi Aramco records historic $161bn profit in 2022

Continue readingOil giant Saudi Aramco records historic $161bn profit in 2022

Saudi Arabia posts surplus of 27 billion US dollars with oil windfall

Saudi Arabia posted a budget surplus of US$27 billion (SR102bn) this year and 8.5% economic growth as the kingdom enjoys a petrodollar windfall from high oil prices. Revenues are…Continue readingSaudi Arabia posts surplus of 27 billion US dollars with oil windfall

Saudi Aramco posts biggest quarterly profit of any listed company

Saudi Aramco posted the biggest quarterly adjusted profit of any listed company globally driven by high crude prices and production. Revenue climbed 80% to $150 billion and free cash…Continue readingSaudi Aramco posts biggest quarterly profit of any listed company

Saudi Aramco overtakes Apple as the world’s most valuable company

Saudi Aramco has overtaken Apple as the world’s most valuable company after higher oil prices pushed shares of the world’s biggest crude exporter to record levels, while a broader…Continue readingSaudi Aramco overtakes Apple as the world’s most valuable company

Saudi Aramco closed a deal to sell a stake in its natural-gas pipelines for $15.5 billion

An investor group, led by BlackRock, acquired a 49% stake in Aramco Gas Pipelines Co. in a lease and leaseback deal in December, according to a statement. The consortium…Continue readingSaudi Aramco closed a deal to sell a stake in its natural-gas pipelines for $15.5 billion