Aramco | Egypt Oil & Gas - Part 7
Aramco Achieves 90% YoY Increase in Net Income
Aramco announced its second quarter results for 2022, posting a 90% year-on-year increase in net income and declaring a dividend payment of $18.8 billion. As a result of higher crude oil prices, volumes sold, and refi...
Aramco, SABIC Earn World’s First TÜV Certificate of Accreditation for “Blue” Ammonia, Hydrogen Products
Saudi Arabia’s Aramco and SABIC Agri-Nutrients Company (“SABIC AN”) have received the world’s first independent certification recognizing “blue” hydrogen and ammonia production. Aramco’s...
Aramco, Sinopec Ink Cooperation MoU
Aramco and Sinopec signed a memorandum of understanding (MoU) to discuss a variety of potential collaborative endeavors between the two companies. Through the MoU, Aramco and Sinopec outline pathways for strategic col...
Saudi Aramco Launches ARC KAUST to Advance Low-carbon Energy Research
In an effort to accelerate the development of low-carbon solutions for the energy industry, the Saudi Arabian Oil Company (“Aramco”) launched the Aramco Research Center at KAUST (ARC KAUST) today. This new...
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 Ukr... Aramco Catches Up to Apple As World’s Most Valuable Company
Saudi Arabian Oil Co. (Aramco) briefly rose to a record high, tying with Apple Inc. for the title of world’s most valuable company, Bloomberg reported. Shares of the world’s largest oil company have risen ...
Aramco Discovers Natural Gas in Four Different Regions of Saudi Arabia
Saudi Minister of Energy Abdulaziz bin Salman announced that Aramco has discovered several natural gas fields in four different regions of the kingdom, Reuters reported citing Saudi Press Agency (SPA). According to th...
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 an international investor consortium, led by affiliates of BlackRock and Hassana, Aramco said in a st...
