Aramco’s Cash Flow from Operating Activities Reached $39.6B in Q1 2023
Aramco announced a net income of $31.9 billion in Q1 2023 and a strong cash flow from operating activities of $39.6 billion as well as a free cash flow of $30.9 billion.
Aramco | Egypt Oil & Gas - Part 5
Saudi Arabia Maintains Crude Supply to Asian Refiners Despite OPEC+ Cuts
Despite OPEC+’s surprising announcement last weak about extra production cut of 1.16 million barrels per day from May for the rest of the year, Saudi Aramco will maintain the same crude volumes supply to several N ...
Aramco to Start $10B Oil Refinery Complex in China for 2026
Saudi Aramco and its joint venture partners Panjin Xincheng Industrial Group and NORINCO Group plan to start constructing a major integrated refinery and petrochemical complex that will be located in northeast Chi ...
Aramco Inks 5G MoU with Samsung Electronics
Aramco and Samsung Electronics have inked a non-binding memorandum of understanding (MoU) to localize an industrial 5G technology ecosystem, starting with private networks, in Saudi Arabia.
Aramco, DHL Supply Chain Declare New End-to-End Procurement, Logistics Hub JV
Aramco declared that it will enhance supply chain efficiency and sustainability by signing joint venture agreement with DHL Supply Chain, in order to create, the region’s first hub catering to customers in the ind ...
Aramco, Linde Engineering Join Forces to Develop Ammonia Cracking Technology
Aramco and Linde Engineering have inked a joint agreement to develop a new ammonia cracking technology.
Aramco Inks LoI with Geely, Renault Group
Aramco has inked a letter of intent (LoI) to be a prospective minority shareholder in a new powertrain technology company (PWT), that will be installed by Geely and Renault Group. The new business will focus on te ...
Aramco Signs Agreements Worth $7.2B at 7th Iktva Forum
At the 7th In-Kingdom Total Value Add (iktva) Forum and Exhibition, Aramco inked more than 100 agreements and memorandums of understanding (MoUs) worth over $7.2 billion to support the development of a varied, sus ...
Aramco, Sinopec, SABIC Expand Refining, Petrochemical Cooperation
The China Petroleum and Chemical Corporation ("Sinopec"), one of the top integrated energy and chemicals businesses in the world, the Saudi Arabian Oil Company ("Aramco"), and SABIC are investigating ways to work ...
Aramco, TotalEnergies Takes FID to Build a Giant Petrochemical Complex in Saudi Arabia
The Saudi Arabian Oil Company (“Aramco”) and TotalEnergies have made the final investment decision (FID) for the construction of a world scale petrochemical facility in Saudi Arabia.
