Aramco’s Net Income Rises 288% YoY in Q2 2021
Saudi Oil Company (Aramco)'s net income increased by 288% in Q2 2021, reaching $25.5 billion, compared to $6.6 billion recorded in the same quarter of 2020.
Aramco | Egypt Oil & Gas - Part 5
Aramco Completes Share Sale Agreement Worth $12.4b
Aramco announced that it has completed share and purchase agreement with the consortium including EIG and Mubadala in which the consortium has acquired a stake of 49% in Aramco Oil Pipelines company.
Saudi Aramco Shuts its Subsidiary in Azerbaijan
Saudi Aramco has announced the liquidation of its subsidiary in Azerbaijan, Aramco Overseas Company Azerbaijan, according to NeftegazRU.
Aramco launches Report on Cyber Resilience in the Oil, Gas Industry
Aramco has launched a co-lead report on cyber resilience in the oil and gas industry with Siemens Energy, and the World Economic Forum (WEF). The report sets a framework for boards and business leaders to assess c ...
Saudi to Export Full June Volumes of Crude to Asian Refiners
Saudi Arabia intents to supply full volumes of crude oil to at lease four Asian refineries in June.
Aramco Hits a Leap of 30% in Income in Q1 2021
Hitting a total of $21.7 billion in Q1 2021, Saudi Aramco recorded a 30% net income increase year-on-year (YoY) compared to Q1 2020 when the company witnessed net income of $16.7 billion.
Saudi Arabia in Discussions to Sell 1% Stake in Aramco
Crown Prince Mohammed bin Salman stated that Saudi Arabia is in discussions to sell 1% of Aramco to a leading global energy company, according to Reuters.
Mubadala May Join Aramco Oil Pipeline Deal of $12 B
Mubadala Investment Company announced that it is going into negotiations with the U.S. investor EIG Global Energy Partners LLC, which is the lead member in the consortium that will invest in Saudi Aramco’s Oil Pip ...
Aramco, EIG Sign Infrastructure Investment Deal
Aramco signed infrastructure investment agreement with a consortium led by EIG Global Energy Partners (EIG) through a lease-and-lease-back agreement including Aramco’s stabilized crude oil pipeline network with ab ...
Aramco’s Production Averages at 12.4 mmbbloe/d in 2020
Saudi Arabia’s Aramco achieved an average production of hydrocarbon of 12.4 million barrels per day of oil equivalent (mmbbloe/d) in 2020, of which 9.2 million barrels per day (mmbbl/d) were of crude oil.
