Aramco’s Q1 Net Income Shoots Up 82% YoY Amid Skyrocketing Oil Prices

Saudi Aramco's net income soared by 82% year-on-year (YoY) in the first quarter of the year, as the group took advantage of the volatility in global energy markets and surging oil prices after Russia invaded Ukrai ...

Aramco Catches Up to Apple As World’s Most Valuable Company

On Monday, Saudi Arabian Oil Co. briefly rose to a record high, tying with Apple Inc. for the title of world's most valuable company. Shares of the world's largest oil company have risen as oil prices have rallied ...

Aramco Discovers Natural Gas in Four Different Regions of Saudi Arabia

The Saudi Minister of Energy Abdulaziz bin Salman announced that Saudi Aramco has discovered several natural gas fields in four different regions of the kingdom.

Aramco Closes Deal on Natural Gas Pipeline with Investors

Saudi Arabian Oil Company (Aramco) has announced that it successfully closed a lease and leaseback deal signed with international investor consortium, led by affiliates of BlackRock and Hassan.

Saudi Aramco Signs Agreement with Egypt’s Petroleum Sector at EGYPS 2022

During the second day of EGYPS 2022, Minister of Petroleum and Mineral Resources Tarek El Molla witnessed the signing of joint agreements between the petroleum sector and the Saudi Aramco Group.

Aramco Signs 50 Agreements at the 6th iktva Forum

Aramco has signed 50 new Memoranda of Understanding (MoUs) at the In-Kingdom Total Value Add (iktva) Forum and Exhibition.

Aramco Acquires New Investments in Poland

The Saudi Arabian Oil Company "Aramco" announced that it is expanding its presence in Europe by acquiring stakes in Poland’s refining, wholesale and jet fuel segments.

Aramco Enters Saudi Arabia’s Lubricants Market with New ORIZON® Product Line

Aramco announced its entry into Saudi Arabia’s domestic lubricants market, with the launch of a new line of lubricant products under the ORIZON® brand.

Aramco Signs Five Agreements with French Companies

Aramco signed memorandums of understanding (MoUs) with Air Liquide, Alteia , Axens, and most importantly Gaussin.

Aramco Awards EPC Contracts for Jafurah Field Development 

Saudi Arabian oil company Aramco announced that it awarded subsurface and Engineering, Procurement and Construction (EPC) contracts valued at $10 billion for developing the vast Jafurah unconventional gas field, t ...

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