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Latest news by topic
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Showing 39 results
Related to Financial Performance
DHAHRAN, August 09, 2020
Continued progress on strategy and commitment to dividend enabled by resilience and financial prudence
DHAHRAN, June 17, 2020
The completion of the transaction enhances Aramco’s presence in the global petrochemicals industry, a sector expected to record the fastest growth in oil demand in the years ahead.
May 14, 2020
Under the MoU, JXTG plans to invest in a 23,000 tons per year state-of-the-art ENB plant, that will use feedstock from the Amiral complex in Jubail, located on Saudi Arabia’s eastern coast. JXTG has launched the feasibility study of the ENB plant in April 2020.
DHAHRAN, May 12, 2020
Resilient performance despite challenging market conditions.
DHAHRAN, March 15, 2020
The Saudi Arabian Oil Company today announced its full-year 2019 financial results.
DHAHRAN, March 11, 2020
Saudi Aramco announces that it received a directive from the Ministry of Energy to increase its maximum sustainable capacity.
LONDON, February 26, 2020
Aramco Trading Limited (ATL) will expand ATC’s global portfolio as it seeks to become one of the top trading companies in the world
DHAHRAN, February 22, 2020
Jafurah is the largest unconventional non-associated gas field in the Kingdom, with a length of 170 km and a width of 100 km.
Saudi Aramco welcomes new agreement between Saudi Arabia and Kuwait for resumption of oil production
NEWS
DHAHRAN, December 25, 2019
Agreement paves way for resumption of oil production in the Saudi-Kuwaiti Partitioned Zone
DHAHRAN, December 17, 2019
Completion of acquisition of 17% of Hyundai Oilbank from Hyundai Heavy Industries Holdings, for approximately US$1.2 Billion.
DHAHRAN, December 11, 2019
Saudi Aramco has officially listed on the Saudi Stock Exchange (Tadawul) today.
DHAHRAN, November 09, 2019
Saudi Aramco has today issued a prospectus for its initial public offering.
SHANGHAI, CHINA, November 07, 2019
The crude oil sales agreements signed at the 2019 CIIE further solidify the Company’s position as China’s top crude supplier and reflect the Company’s marketing efforts on strategic relations and market expansion
DHAHRAN, November 03, 2019
Saudi Aramco today announces its intention to proceed with an initial public offering.
RIYADH, October 29, 2019
Proposed joint venture with Air Products and ACWA Power will own and operate the Jazan Integrated Gasification Combined Cycle and Power Plant and Jazan Air Separation Unit, valued at approximately USD $11.5 billion.
Riyadh, October 14, 2019
Saudi Aramco signs confirmation agreement to enter into a Share Purchase Agreement to acquire a 30.76% share in Novomet
DHAHRAN, Saudi Arabia and THE HAGUE, The Netherlands, September 18, 2019
Acquisition of Shell 50% interest of the SASREF joint venture in Jubail for $631 million.
DHAHRAN, September 17, 2019
Company’s production capacity, suspended earlier, would be fully restored by the end of September.
DHAHRAN, September 14, 2019
Saudi Aramco emergency crews contained fires at its plants in Abqaiq and Khurais.
DHAHRAN, August 12, 2019
Saudi Aramco today announced for the first time its half-year financial results. The Company’s net income was $46.9 billion for the first half 2019
DHAHRAN, July 09, 2019
34 contracts awarded, boosting fields’ production capacity by 550,000 barrels per day of Arabian Crude Oil and 2.5 billion standard cubic feet a day of gas.
SEOUL, South Korea, June 26, 2019
Agreements demonstrate Saudi Aramco‘s commitment to South Korea‘s energy security and development, cover ship building, engine manufacturing, refining, petrochmicals, as well as crude supply, sales, and storage.
DHAHRAN, Saudi Arabia and SAN DIEGO, California, U.S., May 22, 2019
Principal terms for 5 Mtpa of LNG offtake and a 25% equity ownership.
DHAHRAN, April 21, 2019
The acquisition supports Saudi Aramco’s plan to increase the complexity and capacity of its refineries, as part of its long-term Downstream growth strategy.
DHAHRAN/ SEOUL, SOUTH KOREA, April 15, 2019
The investment supports Saudi Aramco’s broader downstream growth strategy, as well as providing long term crude oil options and offtakes as part of our trading business.