Aramco signals sharply lower dividends as special payout shrinks DUBAI: Saudi oil giant Aramco signalled on Tuesday it will slash its dividend payouts by nearly a third this year,... Published 04 Mar, 2025 09:42pm
Markets Saudi Aramco profits down 12.39 percent in 2024: statement RIYADH: Saudi Aramco’s net profits dropped 12.39 percent to $106.25 billion in 2024, the world’s biggest oil... Published 04 Mar, 2025 12:51pm
Markets Saudi Arabia may lower April oil prices for Asia SINGAPORE: Top oil exporter Saudi Arabia may slightly cut its crude prices for Asian buyers in April, tracking the... Published 28 Feb, 2025 03:08pm
Business & Finance JPMorgan analysts see no special Aramco dividend this year DUBAI: Saudi Aramco is forecast to have no performance-linked dividend this year after a more balanced 2024 cash... Published 21 Feb, 2025 08:43pm
Markets Effective today: LPG price raised by Rs3.68 ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has hiked the price of liquefied petroleum gas (LPG) by... Published 01 Feb, 2025 06:30am
Markets Oil prices rise as China moves toward monetary easing to boost growth Oil prices climbed by more than 1% on Monday as top importer China flagged its first move toward a loosened monetary... Updated 09 Dec, 2024 06:02pm
Markets Saudi crude prices to Asia slump to four-year low DUBAI: Saudi Aramco, the world’s biggest crude oil exporter, has cut its January 2025 prices for Asian buyers to the... Published 09 Dec, 2024 06:43am
Markets Saudi Aramco holds Dec LPG OSPs steady, Sonatrach cuts by 2-3% MOSCOW: Oil producer Saudi Aramco left its December official selling prices (OSPs) for liquefied petroleum gas (LPG)... Published 02 Dec, 2024 03:27pm
Markets Saudi market falls on regional geopolitics; Qatar flat Saudi Arabia’s stock market eased in early trade on Monday amid tensions in the Middle East as Israel resumed... Published 02 Dec, 2024 01:54pm
Markets Sinopec, Aramco start building petrochemical complex in China’s Fujian SINGAPORE: Sinopec Corp said on Monday that the company and Saudi Aramco have started constructing a refinery and... Published 18 Nov, 2024 11:32am
Markets Saudi Arabia cuts December light crude prices for Asia Top oil exporter Saudi Arabia has cut the price for the flagship Arab light crude it sells to Asia in December by 50... Published 06 Nov, 2024 08:15am
Markets Major Gulf markets mixed ahead of US election Major stock markets in the Gulf were mixed in early trade on Tuesday as investors took a cautious approach ahead of... Published 05 Nov, 2024 01:55pm
Markets Saudi Aramco says quarterly profit drops 15% on low oil prices RIYADH: Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing... Published 05 Nov, 2024 01:37pm
Markets Saudi Arabia may cut December oil prices for Asia, sources say SINGAPORE: Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asia in December,... Published 01 Nov, 2024 11:31am
Markets Aramco launches its first fuel station in Pakistan Unveils facility in Lahore Updated 29 Oct, 2024 11:49pm
Markets Saudi Aramco CEO says bullish on China and oil demand SINGAPORE: The head of Saudi Aramco said on Monday that they are fairly bullish on China and oil demand, especially... Published 21 Oct, 2024 10:00am
Markets Saudi crude oil exports to China set to slip in September, sources say SINGAPORE: Saudi crude oil exports to China are set to fall in September to about 43 million barrels, several trade... Published 12 Aug, 2024 09:58am
Business & Finance Saudi Aramco Q2 profit dips 3% as output stays low RIYADH: Saudi oil giant Aramco on Tuesday reported net income of $29.07 billion in the second quarter, a slight drop... Published 06 Aug, 2024 11:25am
Markets Saudi Arabia raises $12.35bn from Aramco share sale after increasing offer DUBAI: Saudi Arabia raised a total of $12.35 billion from selling more shares in Aramco, after increasing the... Published 10 Jul, 2024 02:46pm
Markets Aramco, ADNOC reportedly weighing bids for Australia’s Santos, but analysts sceptical Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have been separately considering bids for Santos, Bloomberg... Published 04 Jul, 2024 10:48am
Markets Saudi Aramco says foreigners grab ‘majority’ of share offering RIYADH: Oil giant Saudi Aramco said Sunday that international investors had snatched up the bulk of shares sold in... Updated 09 Jun, 2024 09:47pm
Markets Over half of Aramco share sale allocated to foreign investors: sources DUBAI: Saudi Arabia placed over half of an $11.2 billion share sale in Aramco with foreign investors, two people... Updated 08 Jun, 2024 07:31pm
Markets Saudi Arabia set to raise $11.2bn in Aramco share offer priced at lower end of range DUBAI: Saudi Arabia is poised to raise more than $11.2 billion from its secondary offering of oil giant Aramco’s... Published 07 Jun, 2024 12:11pm
Markets Sinopec unit agrees $1.1bn deal to build gas pipelines for Saudi Aramco A Sinopec service unit said on Thursday it has signed a 7.956 billion yuan ($1.10 billion) deal to build natural gas... Published 06 Jun, 2024 03:14pm
Print Sinopec not interested in refinery project ISLAMABAD: The government’s plan to set up an oil or petrochemical refinery with China’s cooperation is almost a... Updated 04 Jun, 2024 11:26am
Print Investors flock to Aramco share sale that could raise $13bn DUBAI: Saudi Arabia’s sale of shares in oil giant Aramco drew more demand than the stock on offer within hours of... Updated 03 Jun, 2024 08:59am
Business & Finance Saudi Aramco begins second share offering: statement RIYADH: Oil giant Saudi Aramco on Sunday kicked off a secondary share offering that could fetch nearly $12 billion,... Published 02 Jun, 2024 06:41pm
Markets Saudi Aramco completes acquisition of 40% stake in GO Pakistan Acquisition represents energy giant first downstream retail investment in Pakistan, says company Updated 31 May, 2024 08:28pm
Business & Finance Aramco maintains $31bn dividend despite lower Q1 net income DUBAI: Saudi Arabia’s state oil giant Aramco expects to pay $31 billion in dividends to the Saudi government and... Published 08 May, 2024 06:43am
Markets Saudi Aramco maintains dividend despite lower net income in Q1 DUBAI: Saudi Arabia’s state-owned oil giant Aramco reported a 14.4% fall in first-quarter net profit on the back of... Published 07 May, 2024 11:36am
