Saudi Aramco launches first direct air capture test unit
Saudi oil giant Aramco has launched a pilot direct air capture unit able to remove 12 tons of carbon dioxide per year from ...
Low energy prices sting Aramco profits and squeeze the Saudi kingdom’s development plans
Saudi Arabia’s state-owned oil giant reported a $106.25 billion profit in 2024, down 12% from the prior year as the lower ...
Global Finance Magazine13d
Aramco’s Dividend Strategy Reflects Shifting Energy Priorities
Saudi Arabian Oil, better known as Aramco, is recalibrating its dividend strategy as it navigates weaker oil prices and ...
Saudi oil giant Aramco posts drop in full-year profit, slashes dividend
Saudi state oil producer Aramco reported a decline in net profit in 2024 and warned of a dividend cut. Lower oil prices hit the company's net profit last year as crude production around the world ...
Yahoo Finance16d
Aramco Trims World’s Biggest Payout in Blow to Saudi Budget
(Bloomberg) -- Aramco plans to trim the world’s biggest dividend, lowering a key source of funds for Saudi Arabia’s budget while relieving stress on its own finances. Saudi Aramco expects the ...
OilPrice.com7d
Saudi Aramco, IEA Chiefs Clash In Houston Over The Future Of Oil
At CERAWeek 2025, Saudi Aramco’s CEO Amin Nasser challenged the IEA’s forecast of peak oil demand.' The IEA maintained that ...
Washington Times17d
Low energy prices sting Aramco profits and squeeze Saudi development plans
DUBAI, United Arab Emirates — Saudi Arabia’s state-owned oil giant Aramco reported a $106.25 billion profit in 2024 on Tuesday, down 12% from the prior year as lower energy prices now squeeze ...