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Tag: aramco
Saudi Aramco Looks at Raising Production Capacity as Profits Surge
2021-08-10 22:00:00| OGI
Saudi Aramco is using the rise in oil prices to reduce leverage and invest in increasing production capacity, bucking the trend among international rivals to raise returns to shareholders.
Tags: production
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Saudi Aramco Reports Highest Quarterly Profit Since 2018
2021-08-09 11:00:00| OGI
The state oil giant recorded a net profit of $25.5 billion in the second quarter, the highest level since 2018.
Tags: reports
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Saudi oil giant Aramco sees profits soar by almost 300%
2021-08-09 07:13:52| BBC News | Business | UK Edition
The results were boosted by a rise in oil prices and a recovery in demand after the pandemic.
Hackers reportedly demand $50m from Saudi Aramco over data leak
2021-07-22 10:21:56| BBC News | Business | UK Edition
The world's most valuable oil producer confirmed to the BBC that company files had been leaked.
EIG-led Group Closes $12.4 Billion Deal to Buy Aramco Pipeline Stake
2021-06-21 11:15:00| OGI
The acquisition comprised of a 49% equity stake in Aramco Oil Pipelines Co., a newly formed entity with rights to 25 years of tariff payments for oil transported through Aramcos stabilized crude oil pipeline network.
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