Saudi Aramco | Egypt Oil & Gas - Part 4
Aramco Maintains $18.75 B Dividends for Q3
Saudi Aramco, the world’s largest oil-producing company, has released its financial results for Q3 2020 with the company pledging to maintain its dividend payment of $18.75 billion, according to a press release. The c...
Aramco, SABIC Re-evaluate $20 B Petrochemical Project
The world’s largest oil company, Saudi Aramco, and Saudi Basic Industries (SABIC) have re-evaluated their $20 billion crude-oil-to-chemicals project with a view to integrating existing facilities instead, according to... Aramco Announces Lower Gasoline Prices for October
Saudi Aramco, the world’s largest oil company, has announced new petroleum prices starting October 11, according to the company’s website. The company lowered the price of Gasoline 91 to 1.44 riyals, and Gasoline 95 t...
Aramco’s Khurais Facility Joins WEF Global Lighthouse Network
Khurais oil field, the largest intelligent oil field in the world, has become Saudi Aramco’s second facility to join the WEF Global Lighthouse Network, according to a press release. The reason for the oilfield’s inaug... Aramco Delays Projects to Preserve Dividend
The world’s largest oil and gas company, Saudi Aramco, has delayed its multi-billion-dollar petrochemical and liquified natural gas (LNG) projects to maintain cash flow for the paying of dividends, according to Bloomb...
Aramco Discovers New Oil, Gas Fields
The world’s largest oil company, Saudi Aramco, has discovered two new oil and gas fields in the north of Saudi near Arar, according to Reuters. The energy minister, Abdulaziz bin Salman Al-Saud, announced that the new...
Aramco Establishes Integrated Corporate Development Organization
The world’s largest oil company, Saudi Aramco, has announced the establishment of an integrated Corporate Development organization in an effort to optimize the company’s portfolio, according to a press release. This n...
Saudi Aramco Plans to Cut Capital Spending Further
Saudi Aramco plans to further cut capital expenditure (Capex) in an attempt to try and pay for the $75 billion dividends that were promised to investors, according to the Financial Times. Saudi Aramco is now reported ... 
